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Author Topic: Prince Rainier III of Monaco  (Read 3590 times)
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Principessa

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« Reply #15 on: June 03, 2021, 09:00:21 AM »

not sure if this is in the right thread but where did Rainner make his money from and subsequently, Albert?

i think someone mentioned that Albert is a billionaire and it make me think, from what?

thx

G Smiley

Quote from an article around the time of Rainier's death:

"....Monaco's revenues have grown from 3 billion francs in 1970 ($543 million) to nearly 10 billion euros ($12.9 billion) in 2004. Along the way Prince Rainier bolstered his own fortune; Forbes estimates his personal net worth to have been at least $1.5 billion, comprised mostly of real estate (Forbes conservatively assumes that he and his family own approximately 10% of Monaco's acreage), art, stamps (he is one of the world's largest collectors) and profits from Monte Carlo's casino. The palace itself, which appears to belong to the Grimaldi royal family, is worth more than $500 million, according to Roger Munns, managing director of Monaco..."
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getafix

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« Reply #16 on: June 03, 2021, 09:27:57 AM »

my dear P,

I shouda listen to Ma and kept sticking in me stamps  Roll Eyes

I too woulda been a contendar to Rainer Cry Grin

 Star for your efforts.

G Smiley
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ANDREW DENTON: Yes. What did... When you first met, what did you see in each other? CROWN PRINCE FREDERIK: What did we see in each other? We saw... Well, it's a bit hard. It's a bit blurry, in a way, because it was just after the Olympics had started and it was one of those evenings where...
Principessa

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« Reply #17 on: June 03, 2021, 09:34:36 AM »

my dear P,

I shouda listen to Ma and kept sticking in me stamps  Roll Eyes

I too woulda been a contendar to Rainer Cry Grin

 Star for your efforts.

G Smiley

Well, I think the real estate and having an interest in casino's would also help......
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anastasia beaverhausen

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« Reply #18 on: June 03, 2021, 02:54:36 PM »

my dear P,

I shouda listen to Ma and kept sticking in me stamps  Roll Eyes

I too woulda been a contendar to Rainer Cry Grin

 Star for your efforts.

G Smiley

Well, I think the real estate and having an interest in casino's would also help......

You are both killing me today!  Star

Princess Geta has a nice ring to it..
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Duchess of Verona

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« Reply #19 on: June 03, 2021, 03:56:00 PM »

Rainier also had a huge, extremely valuable  car collection. We are hoping to see it next year on our stop in Monaco next year https://www.nytimes.com/2...royal-car-collection.html
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