- The royal family of Monaco is headed by Prince Albert II and his wife of eight years, Princess Charlene.
- Their wedding was one of the most lavish and expensive ever, having cost an estimated $70 million.
- They rule over one of the wealthiest places in the world, where 32% of the population is made up of millionaires.
- The family is estimated to be richer than the Queen of England.
- They attend ritzy galas with heads of state and Hollywood stars and goes on skiing holidays in Switzerland.
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Monaco, a tiny city-state on the French Riviera, is one of the wealthiest nations in the world. A whopping 32% of the population is made up of millionaires.
Known as a “Billionaires’ Playground,” Monaco is famous for its lavish wealth, casinos, and glamorous events, such as the Monaco Yacht Show and the Monaco Grand Prix.
Ruling over this small yet rich city-state are the Grimaldis, the Monaco royal family headed by Prince Albert II, the son of Prince Rainier III and the actress Grace Kelly, who died in a car accident in 1982.
Prince Albert is worth an estimated $1 billion and owns about a quarter of the land he reigns over, according to GoBankingRates, making the Monaco royal family one of the wealthiest in the world. He married Charlene Wittstock, a former Olympic swimmer and teacher from South Africa in 2011, and the couple shares two children. The prince also has two other children, who were born out of wedlock.
Take a look at the lifestyle of the Monaco royal family.
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