Europe’s Richest Royal Hands Throne to His 43-Year-Old Son

Grand Duke Henri of Luxembourg, the richest royal in Europe, has abdicated the throne in favor of his 43-year-old son, Guillaume, on Friday. The 70-year-old monarch, who’s worth $4 billion, put an end to his 25-year reign over the small Western European country in a passing-of-the-torch ceremony at his gilded royal residence, the Grand Ducal Palace. A lavish gala dinner is set to follow the ceremony, with French President Emmanuel Macron and German President Frank-Walter Steinmeier expected to aRead More