Moonmaiden23
Imperial Majesty
- Joined
- Jul 26, 2007
- Messages
- 12,461
- City
- Los Angeles
- Country
- United States
You would be correct that the two older children are not in line to inherit the throne of Monaco.
This is how Albert's estate will be shared according to French law that Monaco follows according to his attorney back in 2005. Right now Albert's net worth "With assets valued at more than $1 billion, Albert owns shares in the Société des Bains de Mer, which operates Monaco's casino and other entertainment properties in the principality." Split that in half, then in 4 ways that will be what each child receives. The other half Albert can give to whomever he chooses. I see him giving the majority of it to Jacques, Hereditary Prince of Monaco, Marquis of Baux, as his father did with him. I recall reading Jazmin received money for travel and other things as Alexander. Albert bought a house near Monaco and put it in trust for Alexander where he and his mother lived for awhile. You may find info in the old threads from 2005 and 2006.
Jazmin already lives a discreet but very affluent lifestyle. She recently purchased a home in the Hollywood Hills for several million dollars.
It wouldn't surprise me if she lives off an allowance from a trust fund set up by Prince Albert.