Hans Adam II is the reigning Prince of Liechtenstein, having ascended to the throne in 1989. He was born on February 14, 1945, and is known for his role in modernizing the principality's governance. He has a strong interest in economics and has contributed to the development of the country's financial sector. In 2003, Hans Adam II transferred most of his powers to his son, Joseph Wenzel, while retaining the title of Prince. He remains influential in political matters and is an advocate for the preservation of Liechtenstein's cultural heritage. His leadership has helped maintain the country's stability and prosperity.