Prince of Monaco

The Prince of Monaco is the hereditary ruler of the small, wealthy city-state of Monaco, located on the French Riviera. As the head of state, the prince oversees government functions, represents Monaco internationally, and upholds its traditions. The principality operates as a constitutional monarchy, meaning the prince's powers are limited by a constitution, with an elected government managing daily affairs. Monaco is famous for its luxury, glamorous events like the Formula 1 Grand Prix, and favorable tax laws. The prince’s role combines ceremonial duties with governance, maintaining Monaco’s stability, prosperity, and global prestige.