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PRINCE Albert II of Monaco, born March 14, 1958 in Monaco, is the fourteenth and current Sovereign Prince of Monaco since April 6, 2005. He was previously Hereditary Prince of Monaco from March 14, 1958 to April 6, 2005 during the reign of Rainier III. Prince Albert II is the son of Prince Rainier III (1923-2005) and Grace Kelly (1929-1982), an internationally renowned American actress and muse of the famous director Alfred Hitchcock.