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.
Monaco succession crisis of 1918
In 1930 the Chicago Daily Tribune reported that Wilhelm's third son Albrecht had met with French officials in Paris, hoping to be approved by them as Louis' heir. " 'He believes that the scandal surrounding Princess Charlotte's divorce "will help him win his case." He is now in Paris in "an attempt to make good his claim". .. The Urach branch of the family assert "that according to the Monaco constitution such an adoption becomes illegal until all members of the family approve it." The Urachs, a "German branch of the family," said they were never asked for their approval and "never approved of the adoption".' "