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Rainier III, Prince of Monaco

Rainier III, Prince of Monaco

B
Business
Birthday
May 31, 1923
Died
January 1, 2005
Age
81
Net Worth
$50M

About

Rainier III was the Prince of Monaco from 1949 until his death in 2005. He led Monaco through a period of significant transformation and modernization. His long reign saw Monaco develop into a major tourist destination and financial center. Rainier III is also well-known for his marriage to American actress Grace Kelly, which brought considerable international attention to Monaco.

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Career Timeline

1949C$10M

Ascends to Monaco Throne

Rainier III becomes Prince, inheriting a principality needing modernization.

1956B$15M+$5M

Marriage to Grace Kelly

The marriage brings global attention, boosting Monaco's appeal.

1970B$25M+$10M

Tourism and Financial Hub

Monaco develops into a major tourist destination and tax haven.

1990B$40M+$15M

Continued Development

Ongoing efforts solidify Monaco's wealth and prestige.

2005B$50M+$10M

Death of Rainier III

Rainier III passes away, leaving a transformed principality.

2026B$50M

Legacy of Modernization

Remembered for transforming Monaco into a thriving tourist and financial center.

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Last updated: February 25, 2026