Prince Albert’s wealth has come under the spotlight in a report published by the UK publication Business Insider. According to the business news portal, the Sovereign Prince ranks third in a list of 10 European royal houses, with an estimated net worth of one billion US dollars.
Prince Albert reportedly owns about a fourth of the land he reigns over; the Philadelphia-area home of his mother, Grace Kelly, which he purchased in 2016 for an estimated $754,000USD; an antique car collection; shares in the Monte Carlo resort Société des Bains de Mer; and a pricey stamp collection, all of which contribute to the House of Grimaldi’s net worth, Business Insider says.
The Sovereign Prince is listed behind Grand Duke Henri of Luxembourg, with a net worth of €4 billion, in second place, and topping the list, Prince Hans Adam II of Liechtenstein, with a net worth of €5 billion, much of it in the privately owned bank LGT Group.
Trailing the list of ten is King Philippe of Belgium, with a personal wealth of $13 million.