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Stefano Casiraghi (8 September 1960 – 3 October 1990) was an Italian offshore powerboat racer,
socialite A socialite is a person from a wealthy and (possibly) aristocratic background, who is prominent in high society. A socialite generally spends a significant amount of time attending various fashionable social gatherings, instead of having tradit ...
, and businessman. He was the second husband of
Princess Caroline of Monaco Princess Caroline of Monaco (Caroline Louise Marguerite; born 23 January 1957) is, by her marriage to Prince Ernst August of Hanover (born 1954), Prince Ernst August, the List of Hanoverian royal consorts, Princess of Hanover. As the eldest chi ...
; he died during a racing accident defending his 1990 Class 1 World Powerboat Championship title.


Early life

The son of Giancarlo Casiraghi (1925–1998), a wealthy businessman, and Fernanda Biffi, Stefano Casiraghi grew up in the Casiraghi family's estate, Villa Cigogne, in Fino Mornasco.''Biographie de Stefano Casiraghi''.
/ref> He had two brothers, Marco and Daniele (1956–2016), and one sister, Rosalba. He also developed an early passion for the speedboat races on
Lake Como Lake Como ( it, Lago di Como , ; lmo, label=Western Lombard, Lagh de Còmm , ''Cómm'' or ''Cùmm'' ), also known as Lario (; after the la, Larius Lacus), is a lake of glacial origin in Lombardy, Italy. It has an area of , making it the thir ...
.Reed, J.D.; Joel Stratte-McClure and Logan Bentley
"Another Tragedy for Monaco"
''
People A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of proper ...
'', 15 October 1990. Accessed 7 June 2010
He followed in the footsteps of his brothers by enrolling at
Milan Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4  ...
's
Bocconi University Bocconi University ( it, Università Commerciale Luigi Bocconi, ) is a private university in Milan, Italy. Bocconi provides education in the fields of economics, finance, law, management, political science, public administration and comput ...
, but left without obtaining a degree.Fowler, Glenn
Stefano Casiraghi, 30, Husband of Caroline of Monaco, is killed
''The New York Times'', 4 October 1990. Accessed 7 June 2010.
He began to work for his father and his oldest brother, Marco.


Business

Casiraghi was involved in the real estate and retail export enterprises of the family business that his father had built up. His obituary in ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' described him as a
financier An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...
and Chairman of Cogefar France (a construction subsidiary of
Fiat Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary ...
). The same source said he had a majority interest in Engeco, a Monaco-based
construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and ...
company which he founded in 1984. At the time of his first child's birth, he was the director of the
Christian Dior Christian Ernest Dior (; 21 January 1905 – 24 October 1957) was a French fashion designer, best known as the founder of one of the world's top fashion houses, Christian Dior SE, which is now owned by parent company LVMH. His fashion houses a ...
boutique in Monte Carlo.


Speedboat racing

A throttle man, a role that requires control of the trim tab while observing water conditions to reach optimum speed, Casiraghi participated in eighty offshore races during his lifetime. Over a 20-year career, he won a dozen of those competitions and, at the time of his death, was the world champion of offshore speedboat racing, including the World Championship held off the coast of Atlantic City in 1989. Casiraghi had set the record (since broken) for 277 km/h on
Lake Como Lake Como ( it, Lago di Como , ; lmo, label=Western Lombard, Lagh de Còmm , ''Cómm'' or ''Cùmm'' ), also known as Lario (; after the la, Larius Lacus), is a lake of glacial origin in Lombardy, Italy. It has an area of , making it the thir ...
in 1984.


Marriage and family

On 29 December 1983 in
Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word ...
, he and Princess Caroline married in a civil ceremony in the Hall of Mirrors of the Monegasque Princely Palace. They were not able to have a Catholic ceremony because Caroline had been divorced from Philippe Junot, and an annulment had not yet been obtained. However, as Caroline was over three months pregnant, the couple did not want to wait any longer. The couple had three children: Andrea (born 8 June 1984),
Charlotte Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina. Located in the Piedmont (United States), Piedmont region, it is the county seat of Mecklenburg County, North Carolina, Meckl ...
(born 3 August 1986), and Pierre (born 5 September 1987). The children were born at Princess Grace Hospital Centre in Monaco, respectively, fourth, eleventh and eighth in the
line of succession to the Monegasque throne Line most often refers to: * Line (geometry), object with zero thickness and curvature that stretches to infinity * Telephone line, a single-user circuit on a telephone communication system Line, lines, The Line, or LINE may also refer to: Arts ...
, after their twin cousins and their mother. Although their parents had not married in the Church, as required for legitimacy under church law, they were legitimized by
Pope John Paul II Pope John Paul II ( la, Ioannes Paulus II; it, Giovanni Paolo II; pl, Jan Paweł II; born Karol Józef Wojtyła ; 18 May 19202 April 2005) was the head of the Catholic Church and sovereign of the Vatican City State from 1978 until his ...
in February 1993, eight months after their mother's marriage to Junot was
annulled Annulment is a legal procedure within secular and religious legal systems for declaring a marriage null and void. Unlike divorce, it is usually retroactive, meaning that an annulled marriage is considered to be invalid from the beginning almost ...
in June 1992.


Death

Casiraghi was killed in an offshore powerboat racing accident off the coast of
Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word ...
near Cap Ferrat on 3 October 1990 while defending his world offshore title. He was 30 years old and had planned to retire after the race. Only weeks earlier, he had survived an accident when his boat blew up off the coast of Guernsey.Kurth, Peter
"In the House of Grimaldi"
, '' Cosmopolitan''.
There were three to four-foot wave conditions on the race course, which caused Casiraghi's 42-foot catamaran, ''Pinot di Pinot'', to flip. Traveling at ca. 150 km/h, it did not have a full canopy, and experts who studied the accident have said that Casiraghi would most likely have survived the accident had the boat been equipped with one. As a result of his death, safety laws became more stringent; a
safety harness A safety harness is a form of protective equipment designed to safeguard the user from injury or death from falling. The core item of a fall arrest system, the harness is usually fabricated from rope, braided wire cable, or synthetic webbing. ...
and closed hull became compulsory, as was a twin hull design for boats. Races now take place close to the harbor where waves are gentler, which is policed off for safety reasons as boats are no longer allowed to drive near the course. Of the accident,
Anne Edwards Anne Edwards (born August 20, 1927) is an American writer best known for her biographies of celebrities that include Princess Diana, Maria Callas, Judy Garland, Katharine Hepburn, Vivien Leigh, Margaret Mitchell, Ronald Reagan, Barbra Streisand ...
wrote that Casiraghi and his copilot, Patrice Innocenti, had been "trying to make up for time they had lost earlier in the race when they had stopped to rescue a pilot whose vessel had caught fire." Innocenti survived the accident. He was pulled from the water and taken to Monaco's Princess Grace Hospital. Casiraghi's funeral was held in Monaco's Cathedral of St. Nicholas eight years after Princess Grace's funeral in the same place.Tarraborelli, J. Randy :''Once Upon a Time: Behind the Fairy Tale of Princess Grace and Prince Rainier ''. Warner Books, 2004. Casiraghi is buried in the Chapelle de la Paix in
Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word ...
, which is also the resting place of his wife's paternal grandfather,
Prince Pierre of Monaco Prince Pierre of Monaco, Duke of Valentinois (born Count Pierre Marie Xavier Raphaël Antoine Melchior de Polignac; 24 October 1895 – 10 November 1964) was the father of Rainier III of Monaco. He was a promoter of art, music, and literature in ...
.


Notes


External links


Photograph of Stefano Casiraghi on the day he died
* {{DEFAULTSORT:Casiraghi, Stefano 1960 births 1990 deaths People from the Province of Como House of Grimaldi Italian Roman Catholics 20th-century Italian businesspeople Italian socialites Italian motorboat racers Motorboat racers who died while racing Sport deaths in France