The Princely House as Entrepreneur
The Princely House has always been strongly committed to entrepreneurship. It pursues a long-term perspective that shapes its entrepreneurial thinking and actions. The entrepreneurial activities are, according to the House Law, as part of the Princely Assets organized in the Princely Foundations the sole beneficiary of which is the then Reigning Prince. They serve above all the purpose to maintain the financial independence of the Princely House. This is the basis for its continued existence over the generations and enables its diverse social commitment at home and abroad. Consequently the Reigning Prince as head of state of Liechtenstein as well as his deputy are not financed by government grants, but exclusively from the private resources of the Princely Assets.