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| Name | The 900 Year “Old Money” Family That Owns Monaco (House of Grimaldi) |
| Video Uploader | Video From Old Money Luxury |
| Upload Date | This Video Uploaded At 06-08-2023 15:00:02 |
| Video Discription | Let's suppose, just for a moment, today is your lucky day… …And you’ve just woke up to hear the news that you’re about to be crowned ruler of a potent royal dynasty. Better yet - you learn that at your glorious coronation, you will get a magic wand to choose any place on Earth to rule. With a wave, you’ll pick where you'd park your throne. Would you prefer the lush hills of Tuscany, tracing the footsteps of the mighty Medicis - or perhaps the cherry blossom-laden lands of Kyoto, Japan - mirroring the legacy of the venerable Imperial House? --------------------- How MONACO Became A Playground For Super RICH Families: https://youtu.be/g56MnXvMzY4 --------------------- The Italian "Old Money" Family That Owns The Car Industry (NOT The Ferraris): https://youtu.be/O4J5K1ePElA --------------------- TIMESTAMPS 0:00 Introduction 1:31 1. How The Grimaldis Took Over Monaco 4:32 2. Entering The French Nobility 7:36 3. The Grimaldis Enter Modernity 11:10 4. The Golden Era of Monaco 14:05 5. The Modern Grimaldis --------------------- To begin our sumptuous saga into the very heart of heraldic opulence, we must return to the 11th and 12th centuries - where we will witness the magnificent rise of the Republic of Genoa. Situated along the northwestern fringes of Italy, this Republic burgeoned into a commercial titan - its supremacy extending over the Mediterranean and Black Sea. This epoch was sculpted by the rising clout of city-states, with Genoa carving its niche as an early modern maritime republic - standing toe to toe with formidable maritime contemporaries like Venice, Pisa, and Amalfi. In the 1600s, the Grimaldi family’s strategic transition into the French court as highly respected - if “foreign” - princes granted them recognition as rulers of small principalities. This new status provided them a stronger platform to expand their influence - fostering their legacy in Monaco and far beyond, scripting a remarkable chapter of ascension in the history of Europe. A shining example of this was the celebrated union of Jacques the fourth de Matignon with the Princess Grimaldi of Monaco. These well-crafted marital ties not only secured them an inheritance of exquisite French estates but also facilitated their frequent sojourns to Paris - specifically at the stately Hôtel Matignon. The pivotal Franco-Monegasque Treaty of 1861 crystallized a crucial transition for both Monaco and its ruling Grimaldi family. This monumental treaty not only acknowledged Monaco's sovereignty but also established fresh boundaries for the principality - which until then had been functioning under the protective wing of the Kingdom of Sardinia as dictated by the Treaty of Vienna. Consequently, Monaco handed over the towns of Menton and Roquebrune-Cap-Martin to France - receiving in return a princely sum of 4 million francs. This significant event sculpted a profound effect on the trajectory of the Grimaldi family and propelled the growth of Monaco. With the dawn of the Belle Époque, Monaco transformed into a tourist hub - largely thanks to the Monte Carlo Casino's establishment in the late 19th century. Emerging from the ravages of World War II, the immediate Post-World War 2 Era found Monaco rising like a phoenix, under the leadership of the Grimaldi family and their patriarch - Prince Louis II. The complexities of the post-war period called for astute political navigation, focused on reconstructing the principality's economy and infrastructure. During this transformative period, Monaco found new vigor in the burgeoning tourism sector and the emergence of novel industries. Now, Prince Rainier III's ascension to Monaco's throne in 1949 sparked significant changes for the principality and the Grimaldi dynasty. Through strategic domestic and foreign policies, he modernized and diversified Monaco's economy - stimulating growth in key areas such as tourism, finance, and real estate. Now, the tragic passing of Grace Kelly in 1982 marked the start of a transformative era for Monaco. Her marriage to Prince Rainier III had positioned the nation under the international limelight. After her demise, their children - Caroline, Albert, and Stephanie - took on the task of shaping Monaco's future, their roles encompassing charitable, cultural, and diplomatic undertakings. Despite public scrutiny and personal tribulations, the Grimaldis maintained their commitment to the principality. In 2005, Prince Rainier III's death initiated a new epoch under Prince Albert II. His ascendancy signified a shift in Monaco's policies, as he promoted modernization, economic robustness, and environmental sustainability. Monaco - traditionally viewed as a tax haven due to its tax-friendly laws - began facing international pressure to reform its tax structure and increase transparency. |
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