Albert II, Prince of Monaco
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's Palace of Monaco, he does own shares in the "Société des bains de mer de Monaco", which operates Monaco's casino and other entertainment properties in the principality.
Politics of Monaco
There are no first-order administrative divisions in the principality, which is instead traditionally divided into four quarters (French: "quartiers", singular "quartier"): Fontvieille, La Condamine, Monaco-Ville and Monte-Carlo, with the suburb Moneghetti (part of La Condamine) colloquially seen as an unofficial, fifth quarter. They have a joint Communal Council of Monaco.