Thursday, April 07, 2005

Prince Rainier: Billionaire Monarch Leaves Rich Economic Legacy

Europe's longest reigning monarch, Prince Rainier III, died today at age 81 at a hospital in Monaco. He had heart problems dating back to 1999 and had been hospitalized several times in the past few years. While he may best be known for his fairytale marriage to American movie star Grace Kelly, which helped bring romance and style back to Monaco, his longest lasting legacy may indeed be his revitalization of Monaco's economy.