Prince Albert's Financial Secrets Exposed by Former Accountant
Allegations Include Payments to Former Lovers and Illegitimate Children, and Extravagant Spending by Princess Charlene
- Prince Albert of Monaco's former accountant, Claude Palmero, has disclosed the prince's financial secrets, including payments to former lovers and illegitimate children, to French newspapers.
- Palmero alleges that Albert has been paying his illegitimate daughter, Jazmin Grace Grimaldi, $86,000 every three months and bought her a New York flat worth $3 million.
- Albert also allegedly pays kidnap and ransom insurance for Alexandre Coste, his son with former air hostess Nicole Coste, and has bankrolled Coste’s fashion business.
- Albert's wife, Princess Charlene, has also allegedly benefited from her husband’s wealth, with her multi-million dollar allowance being regularly topped up.
- Albert has denied the allegations, and his lawyer has stated that Albert has done nothing wrong.