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]

Originally Posted by 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.

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]

Originally Posted by lashinka2002

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]

Originally Posted by 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.

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.~]

Originally Posted by 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)

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]

Originally Posted by 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

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]

Originally Posted by monica17

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]

Originally Posted by Idriel

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]

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]

Originally Posted by Ode

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.