Though there is a history of princes of Monaco abdicating, and Prince Rainier has spoken of doing so, an abdication is not expected to take place unless and until Prince Albert has married. His elder sister, Princess Caroline of Monaco, Princess of Hanover, presently is second in line to the throne.
On October 25, 2002, Prince Albert visited Miami, Florida for a World Olympians Association fund-raiser at the Biltmore Hotel in Coral Gables. The group's mission is have the 100,000 or so Olympians around the world get involved with their communities and talk to young athletes about dedication and training. During his stay, he visited Dr. Michael M. Krop High School, where about 50 students got to quiz the prince.
Albert I (November 13, 1848 – June 26, 1922) was the reigning Prince of Monaco from September 10, 1889 – June 26, 1922).
On September 21, 1869, PrinceAlbert was married to Lady Mary Victoria Hamilton (1850-1922), of Lanarkshire, Scotland, a daughter of the 11th Duke of Hamilton and his royal wife, Princess Marie of Baden.
Despite the initial success of PrinceAlbert and Princess Alice, in 1902 this marriage too ended, due to the princess's affair with the composer Isidore de Lara, a liaison that resulted in the princess publicly being slapped in the face by her husband during an evening at the opera.
His Serene Highness PrinceAlbert II (Albert Alexandre Louis Pierre Grimaldi; born March 14, 1958), styled HSH The Sovereign Prince of Monaco, is the head of the House of Grimaldi and the current ruler of the Principality of Monaco.
Prior to that, he had been the heir apparent, carrying the titles of HSH the Hereditary Prince of Monaco and Marquis of Baux; after his father became increasingly ill in early 2005, he was appointed regent, in which capacity he served for nearly a week during the last days of his father's life.
PrinceAlbert II was enthroned as ruler of the Principality of Monaco on July 12, 2005 after the end of the three-month mourning period for his father.