Rainier III of Monaco

Rainier III of Monaco was the reigning prince from 1949 until his death in 2005. He was known for modernizing Monaco and expanding its economy, particularly through tourism and real estate. Rainier gained international attention for his marriage to American actress Grace Kelly, which brought glamour to the principality. He played a crucial role in maintaining Monaco's independence and identity amidst changing European politics. Rainier III also established the Monte-Carlo Television Festival and promoted cultural events, enhancing Monaco’s status as a cultural hub. His legacy includes significant development in Monaco’s infrastructure and international reputation.