Louis II, Prince of Monaco
On 26 June 1922, Prince Albert I died in Paris. Louis Grimaldi ascended to the throne as Louis II, Prince of Monaco. While his reign never achieved the grandeur of his father, Louis II left an indelible imprint on the tiny principality. In 1924 the Monaco Football Club was formed and in 1929, the first Grand Prix of Monaco automobile race was held, won by Charles Grover (aka "Williams") driving a Bugatti painted in what would become the famous British racing green color. He collected artefacts belonging to Napoleon I which are now assembled and displayed in the Napoleon Museum attached to the Royal Palace in Monte Carlo.
Alexandre Grimaldi-Coste
On 26 October 2006, Albert II gave an interview to USA television personality Larry King during which he said his children would not be in line for the Monegasque throne but that they would be taken care of financially. They are also heirs to Prince Albert's personal fortune, estimated at more than one billion dollars: Upon joining the Council of Europe on 5 October 2004, Monaco became subject to the European Convention on Human Rights regulations on inheritance rights, in addition to its own national laws, which guarantees familial inheritance for children born out of wedlock.