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.
Hereditary Prince of Monaco
The Hereditary Prince(ss) of Monaco is the title given to the heir apparent or heir presumptive of the Monegasque throne, since its official creation on 15 May 1882. Traditionally, a male Hereditary Prince is also given the title Marquis of Baux. Like the Reigning Sovereign Prince and all other members of the Princely Family, the Hereditary Prince or Hereditary Princess is styled His or Her Serene Highness.