Albert von Thurn und Taxis was bornon 24 June 1983 in Germany. Although he first appeared on Forbes's billionaire list as an 8-year-old, Albert von Thurn und Taxis, the 12th prince in his family line, officially inherited his fortune in 2001, on his 18th birthday. In June 2008, he received an M. A. in economics and theology from the University of Edinburgh in Scotland. His assets include real estate, art and 36,000 hectares of woodland in Germany, one of the largest forest holdings in Europe. An eligible bachelor, he lives in the family castle in Bavaria, Schloss Emmeram, and drives race cars -- touring with a German league. In 2010 he won the ADAC GT Masters championship for Reiter Engineering (together with Peter Kox). Meanwhile, his mother, Gloria von Thurn und Taxis, manages the family fortune. Appearing in photos taken at their castle, society parties and noble weddings, Gloria, Albert and his two sisters, Maria Theresia and Elisabeth, are no strangers to the paparazzi.
In 2008 Albert was included as 11th on the list of the Forbes Magazine's List of The 20 Hottest Young Royals as compiled by Forbes magazine
He is an enthusiastic racing driver, vice-champion (2007/2008) and champion (2010) of the German GT Championship ADAC GT Masters with the German Team Reiter Engineering
His father, Johannes, 11th Prince of Thurn and Taxis, an internationally renowned boulevardier, died in 1990 when he was seven years old, leaving Albert to inherit a US$3 billion fortune and US$500 million in debts
Albert Maria Lamoral Miguel Johannes Gabriel, 12th Prince of Thurn and Taxis (Albert Fürst von Thurn und Taxis; born 24 June 1983), is a German aristocrat, businessman, and race car driver
Since former hereditary titles are only recognised in German law as part of the surname, in accordance with the Weimar Constitution of 1919, family members include the title as an integral part of their name in the form, Prinz von Thurn und Taxis
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