Albert II, Prince of Monaco Albert II, Prince of Monaco Albert II (Albert Alexandre Louis Pierre Grimaldi; born 14 March 1958) is the reigning monarch of the Principality of Monaco and head of the princely house of Grimaldi. He is the son of Prince Rainier III and the American actress Grace Kelly. Prince Albert's sisters are Caroline, Princess of Hanover, and Princess Stéphanie. In July 2011, Prince Albert married Charlene Wittstock. Prince Albert II is one of the wealthiest royals in the world, with assets valued at more than $1 billion, which include land in Monaco and France. Although Prince Albert does not own the
Prince Ernst August of Hanover (born 1954) retain her claim to the throne of Monaco and to transmit succession rights to future offspring, the couple were also obliged to obtain the approval of yet a third nation, in the form of official consent to the marriage of Caroline's father, Prince Rainier III as the sovereign of Monaco. Nonetheless, Caroline was a Roman Catholic and Ernst August the heir male of George III when the couple wed, at which time a provision of the Act of Settlement 1701 stipulated that in the event the British crown is to devolve upon an heir married to "a Papist", that heir