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Prince Albert’s former accountant outs his wife Princess Charlene’s ‘dangerous’ spending habits

Prince Albert’s former accountant has outed the royal family’s financial dealings, including the “dangerous” spending habits of his wife, Princess Charlene.

Princess Charlene of Monaco only sees husband Albert ‘by appointment’

Prince Albert of Monaco’s former accountant has outed some of the financial dealings of the Monaco royal family, especially highlighting the “dangerous” spending habits of his wife, Princess Charlene of Monaco.

According to accountant Claude Palmero, Princess Charlene reportedly employed “illegal immigrants” and paid them 100 Euros ($AUD165) per day, all while her personal spending allowance reached more than one million Euros ($AUD1.65 million) a year.

Palmero – who managed the palace finances for more than 20 years before he resigned in July 2023 after he was targeted by an anti-corruption website – shared his “secret notebooks” with French newspaper Le Monde, in which he said illegal migrants made up most of Princess Charlene’s personal staff of eight.

Prince Albert of Monaco’s former accountant has detailed the royal and his wife Princess Charlene’s spending habits.
Prince Albert of Monaco’s former accountant has detailed the royal and his wife Princess Charlene’s spending habits.

“Her Serene Highness the Princess makes people work for her who are not compliant,” Palmero, 67, is said to have warned Prince Albert, as per the Daily Mail.

In the notebooks, there was also mention of “a moonlighting Filipino woman who ties up dogs in the shower”.

The accountant also revealed in a letter written in 2017 that another member of staff from the Philippines had been “illegal for five years”, despite being on a one-month tourist visa.

“He gets paid 100 euros a day, which is off the scale,” Palmero wrote.

Princess Charlene of Monaco reportedly employs “illegal immigrants” and pays them $165 per day. Picture: Stephane Cardinale/Corbis via Getty Images
Princess Charlene of Monaco reportedly employs “illegal immigrants” and pays them $165 per day. Picture: Stephane Cardinale/Corbis via Getty Images

Princess Charlene also reportedly hired illegal immigrant nannies to care for her and Prince Albert’s twins, Prince Jacques and Princess Gabriella, after their birth in 2014.

However, one nanny’s tourist visa was reportedly expired, while another reportedly entered with a false passport.

The accountant outed the couple’s financial dealings in secret notebooks. Picture: Karwai Tang/WireImage
The accountant outed the couple’s financial dealings in secret notebooks. Picture: Karwai Tang/WireImage
Princess Charlene splashed $990,000 for the baptism of their twins Princess Gabriella and Prince Jacques. Picture: PLS Pool/Getty Images
Princess Charlene splashed $990,000 for the baptism of their twins Princess Gabriella and Prince Jacques. Picture: PLS Pool/Getty Images

Despite Palermo’s concerns, Princess Charlene then reportedly proceeded to throw the twins an extravagant baptism that cost 600,000 Euros ($AUD990,000).

She also reportedly spent 826,000 Euros ($AUD1.3 million) redecorating their holiday home in Corsica, while also splashing 860,000 Euros ($1.4 million) to decorate her office in Monte Carlo.

Princess Charlene reportedly asked for $109,000 to spend in one day. Picture: Valery Hache/AFP
Princess Charlene reportedly asked for $109,000 to spend in one day. Picture: Valery Hache/AFP
Prince Albert married Princess Charlene in the main courtyard at the Prince's Palace in 2011. Picture: Andreas Rentz/Getty Images
Prince Albert married Princess Charlene in the main courtyard at the Prince's Palace in 2011. Picture: Andreas Rentz/Getty Images

On one occasion in 2016, Princess Charlene also reportedly requested 66,000 Euros ($AUD109,000) in one day.

“Isn’t that a lot?” Palermo had questioned at the time, before warning: “These practices are dangerous.”

“It’s crazy!” he also wrote at the time. “I have no control over the princess’s spending.”

Palermo’s notebooks also claim that Prince Albert spends millions every year using a secret French bank account to send money to his former mistresses and their children – Jazmin Grimaldi, 31, and Alexandre Coste-Grimaldi, 20 – being paid 344,000 euros ($AUD570,000) annually each.

Originally published as Prince Albert’s former accountant outs his wife Princess Charlene’s ‘dangerous’ spending habits

Original URL: https://www.ntnews.com.au/entertainment/celebrity-life/royals/prince-alberts-former-accountant-outs-his-wife-princess-charlenes-dangerous-spending-habits/news-story/8ed92b719229fcd79435da317faffc40