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lashinka2002 04-11-2005 12:17 PM

Rainier's Will
 
Just wondering if anyone has any news, thoughts, or comments in regards

to Prince Raniers will.

Compared to Albert and Caroline, Stephanie will be inheriting next to nothing.

Any thoughts on how she may feel about this?
Also does anyone know if the grandchildren were bequethed seperate inheretances?

MoonlightRhapsody 04-11-2005 12:22 PM

Although Stephanie will be getting far less than her siblings, she is still inheriting a LOT of money.

Now, I can see where Prince Rainier was going with this. Stephanie's been the wayward daughter for so long; seemingly going through life without any direction. Her antics have caused Prince Rainier much lamentation and sadness. He was probably afraid that should he give her a larger sum, she'd squander it away quickly without much thought. Now, I don't know if Stephanie is a squanderer of money, but you have to admit, her divorces must have cost a pretty penny each. But, who knows? Only Rainier knows his justifications for doing so, and it is his money to distribute as he saw fit.

Alexandria 04-11-2005 02:29 PM

I have not seen Rainier's will -- where was it published?

Unusual isn't it for his will to be made public before he's even been buried?

Also, why is Stephanie getting a smaller share than her her siblings. At least Caroline. I could understand why Albert might get a larger share of Rainier's estate as he has now succeeded his father as his heir, but shouldn't Caroline and Stephanie get relatively the same amount financially from their father's estate?

machievelli 04-11-2005 02:45 PM

I don't think there has been official word yet.

But here is an article about Rainier's will:

http://www.hellomagazine.com/royalty/2005/04/11/monaco/

lashinka2002 04-11-2005 04:43 PM

I've read that Stephanie is to only receive 1% of his estate.
Although it is still a healthy chunk of money I would that she feels this like a slap in the face. Especilly when her siblings are reportedly inhereting $950 million each. It no doubt hurts her very much.
Punishment maybe, for not conforming to her family's wishes?
Amusing, bring a child into the world and then punish them for not being what you want them to be. Poor Steph she seems to be the only Grimaldi who has enough courage to live life on her own terms. I wish her the best. At he left her something.:o

sara1981 04-11-2005 04:57 PM

I read about that in Hello articles

Prince Albert and Princess Caroline would receive each by european $950 million each for dad's estates and Princess Stephanie had more less than 950.00 but she got receive by european $17 million.

Sara Boyce

daisyonthewall 04-11-2005 05:07 PM

Quote:

Originally Posted by lashinka2002
I've read that Stephanie is to only receive 1% of his estate.
Although it is still a healthy chunk of money I would that she feels this like a slap in the face. Especilly when her siblings are reportedly inhereting $950 million each. It no doubt hurts her very much.
Punishment maybe, for not conforming to her family's wishes?
Amusing, bring a child into the world and then punish them for not being what you want them to be. Poor Steph she seems to be the only Grimaldi who has enough courage to live life on her own terms. I wish her the best. At he left her something.:o

Oh dear, if that story is true, its awful. Its not about the money, but P. Stephanie would probably feel like she was not forgiven for her past deeds, right up to the end of her father's life. I agree with you on Stephanie. I've always had a lot of sympathy for her. She seemed to struggle a lot to fit into her role as a princess, a role she was born into, and hence, could not choose not to have it. And to be in the same car crash that killed her mother, and be blamed for it by the media after that.....well......something like that would've traumatised me for life.

I can't believe Rainier would do that :(

Isabel 04-11-2005 05:07 PM

Quote:

Originally Posted by lashinka2002
I've read that Stephanie is to only receive 1% of his estate.
Although it is still a healthy chunk of money I would that she feels this like a slap in the face. Especilly when her siblings are reportedly inhereting $950 million each. It no doubt hurts her very much.
Punishment maybe, for not conforming to her family's wishes?
Amusing, bring a child into the world and then punish them for not being what you want them to be. Poor Steph she seems to be the only Grimaldi who has enough courage to live life on her own terms. I wish her the best. At he left her something.:o

Rumour has it that Prince Rainier made this decision years ago, because he was tired of Stephanie's "antics" and the fact that she really didn't do much to present Monaco and the Grimaldi family in its best light. Prince Rainier decided that she would receive considerably less inheritance than her siblings.

I guess that Prince Rainier was trying to show some "tough love," but when you look at the choices that Stephanie has made and the way that she leads her life, I would think that it would dawn on him that she wouldn't care much about money or material things. I doubt that she cares very much. She is still receiving millions and I think an apartment in New York and a home in Switzerland along with the millions. Yes, much less than her brother and sister.
However, I wish that my Dad would show me that kind of "tough love." ;)

michelle 04-11-2005 05:12 PM

You know, that 'big' amount of money that Caroline and Albert are getting is not all cash ( other important things as well).
Stephanie will get about 20 million Euros + 1 appartment in New York, 1 appartment in Paris, 1 house in the french alps, 1 house in Switzerland, 2 appartments in Monaco ( the one she's currently living in + one more), 1 house in Monaco, 1 yacht, 2 cars

Reina 04-11-2005 05:15 PM

But what about her children? What will they inherit with only 17 million Euros? I too don't think Steph cares, but one has to think off how this will affect the kids. I do hope that Ranier left something to her kids. But Albert adn Caroline are set. Whew!

Piewi 04-11-2005 05:16 PM

I canīt belive that Ranier do that. Steph is his dauther too, and she must have mora money. Of course that is not a little, it is a lot, but there is much difference to her silbings.
i am waiting for something "official"

dreed777 04-11-2005 05:19 PM

You know, I was just thinking, if it's true that her money will be doled out at $50,000 per month, it sounds like a huge monthly income BUT I would think the upkeep on that many houses, apartments, yacht, would be extremely high. Maybe it's set up so that those expenses are (at least partly) taken care of BESIDES the monthly stipend. Just a thought.

Piewi 04-11-2005 05:20 PM

Quote:

You know, that 'big' amount of money that Caroline and Albert are getting is not all cash ( other important things as well).
Stephanie will get about 20 million Euros + 1 appartment in New York, 1 appartment in Paris, 1 house in the french alps, 1 house in Switzerland, 2 appartments in Monaco ( the one she's currently living in + one more), 1 house in Monaco, 1 yacht, 2 cars

Thanks Michelle, i was posting so i didnīt read it before posting.
Well, if you see the thing in that way, it isnīt a littlr money, itīs a lot.


michelle 04-11-2005 05:28 PM

As a difference to Caroline and Albert you have to see that Stephanie also earned money in 'normal' jobs as well. She made about $10 million with her singing career, about $ 2 million by selling her own perfum, $ 5 million with her company POOL POSITION and she still makes money monthly with her 'REPLAY' businesses in Amsterdam and Barcelona.

Caroline and Albert never earned money through businesses.
So, don't worry about Steph....

Isabel 04-11-2005 05:31 PM

Quote:

Originally Posted by Piewi
I canīt belive that Ranier do that. Steph is his dauther too, and she must have mora money. Of course that is not a little, it is a lot, but there is much difference to her silbings.
i am waiting for something "official"

Well, I don't really condone what he did, but Albert and Caroline are not getting all of the money in cash. What has been stated here is the net value of their inheritances. They will receive cash, but also property such as jewelry, art, homes, and for Albert (the actual palace and its contents-the Grimaldis own their palace last that I heard), etc.

michelle 04-11-2005 05:33 PM

Quote:

Originally Posted by Isabel
Well, I don't really condone what he did, but Albert and Caroline are not getting all of the money in cash. What has been stated here is the net value of their inheritances. They will receive cash, but also property such as jewelry, art, homes, and for Albert (the actual palace and its contents-the Grimaldis own their palace last that I heard), etc.


Exactly...that's important to see....Rainier doesn't 'punish ' Stephanie.

machievelli 04-11-2005 05:41 PM

It may not be fair. But I'm not too worried about Steph either. I mean she and her kids will still have a wealthy life style and a good life. She won't be hurting like a normal poor person. Steph will still be well off and well looked after. She has her businesses. Steph will be fine. And I don't really blame Rainier for giving Albert and Caroline more money and assests in the inheritance. Out of the 3 children.

Albert and Caroline have represented Monaco a lot better and in a better light. Plus Albert and Caroline have taken up many charities, duties, and responsibilites for the principality. Not the mention that Albert is the new ruler. The line runs through Albert and Caroline. In the end it was Rainier's money and decision.

daisyonthewall 04-11-2005 05:56 PM

Quote:

Originally Posted by Isabel
Well, I don't really condone what he did, but Albert and Caroline are not getting all of the money in cash. What has been stated here is the net value of their inheritances. They will receive cash, but also property such as jewelry, art, homes, and for Albert (the actual palace and its contents-the Grimaldis own their palace last that I heard), etc.

Is this official, about the will I mean? Does anyone know what the net value for Steph's part is?

machievelli 04-11-2005 06:04 PM

Quote:

Is this official, about the will I mean? Does anyone know what the net value for Steph's part is?
I don't know. I have not seen anything official about Rainier's will. I have only read the Hello article talking about Rainier's will. We are all just discussing the issue and situation of which was printed in the article, etc.

michelle 04-11-2005 06:06 PM

Albert and Caroline have represented Monaco a lot better and in a better light. Plus Albert and Caroline have taken up many charities, duties, and responsibilites for the principality. Not the mention that Albert is the new ruler. The line runs through Albert and Caroline. In the end it was Rainier's money and decision.[/QUOTE]

This is not exactly true. Stephanie did and does represent her country in very good way. People shouldn't rely on what image the media presents. Stephanie is underestimated a lot. She always was. It is a shame that this image found it's way through. For Monaco and it's people it is always been quite alright. She has her own way. She always did ...but this way of representing is not worth less...in contrary she has always been giving a lot.


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