General Questions about Princess Caroline & Prince Ernst August

[lashinka2002]

Does anyone know how much Ernst is worth?
What are his assets?
And what on earth does he do for a living aside from attending functions with Caroline & vacationing?
What kind of settlement was there between Ernst & his first wife?
& How much are Caroline & Ernst worth together?
Thanks in advance...

 

[KerenAnn]

By the way, recent Forbes magazine did not include them into any of its lists of world's richest people so that I think they are not tremendously rich, nothing to write home about

 

[monaco70s]

Which royals were in this list?

 

[KerenAnn]

You should see the list "Royals and Rulers" on the bottom of the page http://www.forbes.com/2004/02/25/bill04land.html

 

[budge9]

I can remember reading once that Ernst is worth about £250 million and that Caroline's inheritance means that she is now worth £950 million.

 

[hillary_nugent]

I can remember reading once that Ernst is worth about £250 million and that Caroline's inheritance means that she is now worth £950 million.

wow that's alot more than i thought he would be worth...whOa...

damn...Caroline is one rich chick! she'd be a multibillionare in Australia

 

[lashinka2002]

Geez....
Together they're loaded
No wonder Grace wanted the match, the HRH title & money....
Are these figures including their assets? (like homes & stuff)

 

[Warren]

Buy land!

Geez....
Are these figures including their assets? (like homes & stuff)

Most rich peoples' wealth is in assets. Which is why wealthy families have land (or huge shareholdings, or own banks like the Liechtensteiners). Cash is nice, but generally it is invested. The assets have to produce an income, not just to pay the bills, but to play with!
.

 

[branchg]

I can remember reading once that Ernst is worth about £250 million and that Caroline's inheritance means that she is now worth £950 million.

Prince Ernst-August is worth about $30 million in cash and his properties in Germany are worth about $100 million.

Princess Caroline, along with Prince Albert, inherited the majority of their father's fortune. Rainier's estate is estimated to be worth $2 billion, of which $1.5 billion is real estate holdings in Monaco and France. Albert and Caroline each received about $200 million in cash outright, while Stephanie received about $50 million in trust (Rainier didn't trust her with money, but made Albert promise to take care of her and her family).

Albert, Caroline and Stephanie had already inherited millions via trusts set up by Rainier when they were born. In addition, Princess Grace also had her own fortune of $20 million at the time of her death, which was managed and invested by her family in the U.S. About half of this money was used by the children to set up the Princess Grace Foundation in the U.S. and make gifts to charities, while the retained by them. So, they were already very wealthy in their own right.

Caroline and Ernst-August signed a prenuptial agreement waiving each other's right to inherit or receive any monies in the event of a divorce. There is no issue there.

 

[Sean.~]

Geez....
Together they're loaded
No wonder Grace wanted the match, the HRH title & money....
Are these figures including their assets? (like homes & stuff)

That Grace wanted to match is an oft cited myth.

 

[Grace]

Branchg, don't think I'm doubting what you said, but as I've seen many differing figures about Ernst's wealth through the years, can I ask you what your source is?
Just out of curiosity as you seem very accurate and sure...
Kisses

 

[grecka]

Answer to the question of how much he's worth: a hell of a lot

 

[lashinka2002]

Thanks for the answers guys....

 

[branchg]

Branchg, don't think I'm doubting what you said, but as I've seen many differing figures about Ernst's wealth through the years, can I ask you what your source is?
Just out of curiosity as you seem very accurate and sure...
Kisses

I have German friends who work in the Deutche markets who know the approximate wealth of the Hannovers. The key thing about Ernst-August's fortune is many of the numbers thrown out overlook the fact that the family's invested money is shared by all. As the eldest son and Head of the House, however, he owns the majority of their properties in Germany.

Either way, he is certainly very wealthy, but Caroline is one of the richest royals in Europe. The Grimaldis control much of the gambling income in Monaco, which has made the family very wealthy.

 

[Grace]

Thanks for your answer.

In a certain way Ernst's situation is a bit similar to Albert's now: they not only have their own share of the family wealth, but also control the "institutional share" as heads of their families.

BTW, I think that Caro's situation has changed quite a bit now that her father has died and she has inherited her share, she was very rich also before, but now...

Thanks again and kisses

 

[monica17]

Any way we look at it, they are extremely wealthy. Far wealthier than other royal families. Besides, most of their assets are privately-owned and not state-owned like some of the royal families. Plus, I don't think they are not supported by state funds (I'm talking about Caroline in particular), like for instance the British and Spanish royal families. I think Monaco and Liechtenstein (spelling?) are unique in that aspect compared to the others (I may be wrong). BTW, as most of you know, these two princely families are related by blood and marriage. Interesting that they turn out to be among the richest royalty around - given their small principalities and "lesser" rank (HSH).

_________
Monica17

 

[Idriel]

Plus, I don't think they are not supported by state funds (I'm talking about Caroline in particular), like for instance the British and Spanish royal families.

I stongly believe the Grimaldi are the State. They possess most of Monaco's luxury real estate, they control the Casinos. That's their private money. Monaco is basically a SA with Albert as the C.E.O.
Caroline has inherited from her dad so her money comes from Monaco's real estate and casinos as well.
As for the considerations about other royal wealth, I think you have an interesting point. The Windsor for example would be much richer if they gave up the crown and just lived from the money their huge real estate properties could bring them, instead of receiving a (relatively) modest civil list.

 

[monica17]

I stongly believe the Grimaldi are the State. They possess most of Monaco's luxury real estate, they control the Casinos. That's their private money. Monaco is basically a SA with Albert as the C.E.O.
Caroline has inherited from her dad so her money comes from Monaco's real estate and casinos as well.
As for the considerations about other royal wealth, I think you have an interesting point. The Windsor for example would be much richer if they gave up the crown and just lived from the money their huge real estate properties could bring them, instead of receiving a (relatively) modest civil list.

Oh, yes, you're right! They do own most of the land and the businesses in Monaco so they are the state. I was thinking about what I read on the civil list, in the UK in particular, that royalty on that list are being supported by taxpayers' money. And some of the palaces and jewels owned by other royalty are not privately-owned.

Thanks, Idriel!

_________
Monica17

 

[Ode]

Number plates ?

Hello,

Do you know which country, number plates of ernst's car correspond to ?
It's not plates from deutschland, nor monaco.

Thanks for your answer.

 

[Carlos]

Hello,

Do you know which country, number plates of ernst's car correspond to ?
It's not plates from deutschland, nor monaco.

Thanks for your answer.

Yes it is from my country- England.

 

[CasiraghiTrio]

Yes it is from my country- England.

Ah, so that Mercedes is Ernie's car, huh? I thought it was Caroline's but if it was hers it would surely be registered in France or Monaco. Ernie loves his London. The press forgets that when they harp on his Germanic ancestry. He studied in England for university and English is his preferred tongue. He also reads the Evening Standard in English whenever he's in Zurs!

 

[Carlos]

Ah, so that Mercedes is Ernie's car, huh? I thought it was Caroline's but if it was hers it would surely be registered in France or Monaco. Ernie loves his London. The press forgets that when they harp on his Germanic ancestry. He studied in England for university and English is his preferred tongue. He also reads the Evening Standard in English whenever he's in Zurs!

CT you never fail to impress. Where do you get all this info from? You sure your not secretly a member of the family and not telling us?

 

[Toledo]

Yes it is from my country- England.

Why is the stiring wheel on the other side, the right one?

And that brings up the question, why Britain is the only place with the wheel on the left side? A friend of mine was in London this year, visiting his sister and her family, and I asked about it. He did not know but was not able to get a car since he is used to have the wheel on the right side and was afraid he could get into an accident.

 

[Carlos]

Why is the stiring wheel on the other side, the right one?

And that brings up the question, why Britain is the only place with the wheel on the left side? A friend of mine was in London this year, visiting his sister and her family, and I asked about it. He did not know but was not able to get a car since he is used to have the wheel on the right side and was afraid he could get into an accident.

The question was not about the car but the license plate. The car might well be foreign but the license plate is British.
The wheel is on the left hand side here because we drive on the left. It has been like that since the early 1900's and nobody changed it.

 

[CasiraghiTrio]

The question was not about the car but the license plate. The car might well be foreign but the license plate is British.
The wheel is on the left hand side here because we drive on the left. It has been like that since the early 1900's and nobody changed it.

Well, if I'm not mistaken, Toledo was pointing out that since the Car is registered in Britain, then why is the wheel on the left, as it is in every other country? Because if it is registered in Britain, it would seem that it should be on the right side???? But I'm guessing the car was made in Germany (???) since it's a Mercedes (aren't they made in Germany?) so that would explain the left-side wheel. I guess Ernie registers his cars in England for whatever reason. As I said before, maybe it's just because he is an Englishman in his heart. Carlos, to answer you question, my knowledge of Ernie's preference for reading material has nothing to do with inside info! It's just that he has been photographed reading this paper. Without the photographs, I know nothing!

 

[Toledo]

You are not mistaken, that's exactly what I meant.
When Carlos mentioned the plate as British and I saw the wheel on the other side I had to take a look again because I thought the photo could be reversed! But noticed the letters on the plate were straight so I wondered how is he registered in Britain driving with the wheel on that side.

maybe I should have elaborated with one more word...

Yes it is from my country- England.

Then why is the stiring wheel on the other side, the right one?

 

[Royal Friend]

Last time I looked, at least 30% of the world drives on the "wrong" side. Not only the UK, but India, Japan, Australia, Indonesia, New Zealand plus many more.

 

[CasiraghiTrio]

Last time I looked, at least 30% of the world drives on the "wrong" side. Not only the UK, but India, Japan, Australia, Indonesia, New Zealand plus many more.

But not in most of Europe?? Certainly not Monaco or France or Germany. I remember other pics of the family driving in Monaco (Pierre more recently in his earth-friendly ride) and the wheel was always on the left. I don't think most places in Europe have it any other way. The countries you mentioned (Australia, India, Indonesia, NZ) all former members of the British empire, no? Japan, really?? I didn't know Japan has the wheel on the "wrong" side.
Because Japan makes so many of the cars for America, I just assumed they have the same wheel structure.

 

[auroraDaniel]

Last time I looked, at least 30% of the world drives on the "wrong" side. Not only the UK, but India, Japan, Australia, Indonesia, New Zealand plus many more.

well, in malaysia we drive on the right side..

 

[fandesacs2003]

Well, if I'm not mistaken, Toledo was pointing out that since the Car is registered in Britain, then why is the wheel on the left, as it is in every other country? Because if it is registered in Britain, it would seem that it should be on the right side???? But I'm guessing the car was made in Germany (???) since it's a Mercedes (aren't they made in Germany?) so that would explain the left-side wheel. I guess Ernie registers his cars in England for whatever reason. As I said before, maybe it's just because he is an Englishman in his heart. Carlos, to answer you question, my knowledge of Ernie's preference for reading material has nothing to do with inside info! It's just that he has been photographed reading this paper. Without the photographs, I know nothing!

This car is a collector's item car, and it is very possible that it has been built in Europe. So Ernst, either bought it from another collector in UK, and he registered it, or he bought it in Europe and he transfered it in UK. Ernst used to live for a long time in UK, he still has a mansion there, and his proffessionnal interests may be still there. So it is normal to have registered his car in one of his companies name, or whatever else.

I think, in Europe, out of UK, Malta & Cyprus drive on the left side, and may be also Ireland, but I'm not sure.