Albert, 12th Prince of Thurn and Taxis

Albert von Thurn und Taxis, 12th Prince of Thurn and Taxis (Albert Maria Lamoral Miguel Johannes Gabriel Fürst von Thurn und Taxis, ; born 24 June 1983), is a German aristocrat, businessman and race car driver. He has been listed as the world's youngest billionaire many times since his father's death in 1990, first appearing on the list when he was eight years old. Biography Family Through descent from King Miguel I of Portugal, Albert is related to several reigning hereditary heads of state in Europe. He also descends from the dynasties of Wittelsbach, Saxe-Coburg-Gotha, Braganza and the House of Habsburg-Lorraine. The House of Thurn und Taxis is a German family whose fortune derives from the appointment of an ancestor, Leonhard von Taxis, as hereditary postmaster general of the Holy Roman Empire in 1595. Albert's father preceded him as the head of this family, which has several branches. The family of Thurn und Taxis remains well known as owners of breweries and former builders of castles. The family seat is Saint Emmeram's Abbey. His father, Johannes von Thurn und Taxis, an internationally renowned boulevardier, died in 1990 when Albert was seven years old, leaving the young boy to inherit a US$3 billion fortune and US$500 million in debts. His mother, Gloria (née Countess von Schönburg-Glauchau), a popular media figure since marriage to his 53-year-old father as a 20-year-old, was instrumental in preserving the family fortune until Albert became of legal age to take over its management. He has two older sisters: Princess Maria Theresia and Princess Elisabeth.