Born to then Hereditary Prince Georg (later Prince Georg zu Schaubmurg-Lippe) and Princess Marie of Saxe-Altenburg, he succeeded to his father on April 29, 1911. One of the great achievements of his reign was the development of the city of Bad Eilsen, that counts some of the most beautiful hotels in Germany, despite the works had been interrupted by the Weltkrieg. He married Elisabeth Franziska Bischoff Korthaus on January 10, 1920. The Prince has expressed many times the desire to visit Mexico, but the Socialist government refused to grant to a German royal the right to visit their country. As he does not have any children, his heir apparent seems to be his brother, Ernst Wolrad.