Prince Albert opens up about life inside Monaco’s gilded cage

#Prince Albert opens up about life inside Monaco’s gilded cage

June 6, 2020 | 2:35pm

He may preside over one of the most glamorous city-states in the world, but things aren’t always easy for Prince Albert.

In the new BBC2 series “Inside Monaco: Playground of the Rich,” Prince Albert gives unprecedented access into the tiny tax-haven he rules — and his life.

Despite being surrounded by yachts, million-dollar cars, and glamorous residents from all over the world, Albert says in the series, according to the Daily Mail, “There’s not enough room for spontaneity — even spontaneity has to be scheduled. … When my father talked to me about the job, he said, ‘You will be alone in that room and you have to be ready for it psychologically and emotionally.’”

And while being Prince may sound exciting, the job can be a grind.

“I can’t say that every day is wonderful bliss and enjoyment. It’s not easy for anybody in a position of responsibility. … There are some very unpleasant meetings. I try to think what nice things will come after my meetings are over … having a nice glass of wine.”

Albert also talks about his mother, Grace Kelly, who he claims was more “tolerant” than his strict father, King Rainier.

“It’s just incredible that so many years after her passing she still very much has a vivid presence in a lot of people’s minds and hearts,” he said.

The kingdom has 39,000 residents — all of whom must have a job, a local business or at least $700,000 in the bank to be accepted … and the final approval is given by the Prince.

“One of our contributors said it’s the only place in the world where you can walk down the street in a £1m diamond necklace and feel safe,” the director Michael Waldman said in the docuseries. “It’s an odd place — There isn’t just the financial advantage to living there, it’s also a place that makes its own rules. It’s a toytown on the Mediterranean that has its own laws, police and rulers.”

Monegasque Royals

Grace Kelly with her husband Prince Rainier III of Monaco and their children Albert and Caroline in 1963.

Getty Images

Monaco Royal Wedding - The Religious Wedding Service

The wedding of Princess Charlene of Monaco and Prince Albert II of Monaco in 2011.


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The series also looks at the history of the country and Albert’s father. While Monaco had long been a gambling mecca, it had become stale in the 1960s. Waldman recalls a legend that Aristotle Onassis told Prince Rainier “he should find someone in Hollywood to marry, to give the country a lift,” according to the Daily Mail. The union boosted the country’s profile and glamor.

Adding to the docuseries’ allure are tales of ridiculous wealth and demands of the country’s patrons — one of which, a Russian billionaire who “loved his sushi at the Hotel de Paris so much that he insisted the chef make more for his wife and he then flew it to her by private jet — all the way to Moscow,” the Daily Mail reports.


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