Monarchy of Monaco Monarchy of Monaco The Sovereign Prince () or Princess of Monaco () is the reigning monarch and head of state of the Principality of Monaco. All reigning princes and princesses have officially taken the name of the House of Grimaldi, although some have belonged to other families (Goyon de Matignon or Polignac) in the male line. The present reigning prince is Albert II. Monaco, along with Liechtenstein and Vatican City, is one of only three states in Europe where the monarch still plays an active role in day-to-day politics. The Prince or Princess of Monaco exercises his or her authority
Prince's Palace of Monaco heiress of Cardinal Mazarin. Thus Monaco's ruling family acquired all the estates bequeathed by Cardinal Mazarin, including the Duchy of Rethel, and the Principality of Château-Porcien. Honoré III was a soldier who fought at both Fontenoy and Rocourt. He was happy to leave Monaco to be governed by others, most notably a former tutor. It was on one of Honoré III's rare visits to the palace in 1767 that illness forced Edward, Duke of York, to land at Monaco. The sick duke was allocated the state bedchamber where he promptly died. Since that date the room has been known as