In addition, the lavish celebration raises money for the Princess Grace Foundation. The spectacular venue features a retractable roof, and the ball was topped off by the overhead firework displays.
The evening’s other host Prince Albert – whose wife Princess Charlene skipped the event – posed with his family and mingled with designer Karl Lagerfeld, who conceptualized the party’s Cuban theme.
Guests in black-tie walked through sugar canes and drank themed drinks like mojitos while Cuban reggaeton performers entertained.