Bernie Ecclestone, a British businessman with a net worth of $3.3 billion, is a billionaire. He was named the fourth-richest person in the United Kingdom in 2011, with a net worth of $4.2 billion.
His net worth has dropped as a result of a recent divorce deal that left his ex-wife Slavica Ecclestone with a reputed $1 billion to $1.5 billion. He has two daughters, Petra and Tamara Ecclestone, with Slavica, a former Armani model.
Bernie is most known for being the former CEO of the Formula One Group, which owns and operates Formula One racing. He still controls the sport’s economic rights, making him the de-facto “boss” of Formula One. Ecclestone previously controlled the British football team Queens Park Rangers from 2007 to 2011.
|Net Worth:||$ 3.3 billion|
|Source of Wealth:||Formula One (F1)|
|Born:||October 28, 1930|
|Wife:||Fabiana Flosi Ecclestone|
|Children:||Tamara Ecclestone, Petra Ecclestone, Deborah Ecclestone|
|Private Jet:||Dassault Falcon 7X (N999BE)|
Early years of life
Ecclestone was born on October 28, 1930, in St Peter, South Elmham, Suffolk, a hamlet three miles south of Bungay. He was the son of Sidney Ecclestone, a fisherman, and his wife Bertha, whose family had moved from Kent in the early twentieth century to work in Norwich’s painting industry.
Ecclestone went to Wissett Primary School before moving to Danson Road, Bexleyheath, South East London, with his family in 1938. During WWII, he was not evacuated to the countryside and remained with his family.
Ecclestone dropped out of Dartford West Central Secondary School at the age of 16 to work as an assistant in a chemical laboratory at a local gasworks, where he tested gas quality. He also pursued his motorcycle hobby while studying chemistry at Woolwich Polytechnic.
Bernie Ecclestone’s Career in Motorsports
Early in your career
Ecclestone and Fred Compton created Compton & Ecclestone shortly after World War II ended. In 1949, he raced in the 500cc Formula 3 for the first time.
He purchased a Cooper Mk V in 1951. He only raced in a few races, mostly at his home circuit of Brands Hatch. His hopes were dashed when he crashed with Whitehouse Bill and wound up in the circuit’s parking lot. After the accident, he chose to stop competing.
Ecclestone took a break from racing after his injury to operate several businesses. In 1957, he returned to racing as the manager of Stuart Lewis-Evans and purchased the Connaught Engineering Team, which included Lewis-Evans, Roy Salvadori, and Archie Scott-Brown, as well as Ivor Bueb. Ecclestone attempted but failed, to qualify for the 1958 Monaco Grand Prix.
When Bernie was driving for Vanwall, he continued to manage Lewis-Evans. When his engine exploded at the Morocco Grand Prix, the Englishman received serious burns and died six days later from his injuries. Ecclestone was so taken aback that he withdrew from the competition yet again.
His association with Salvadori, on the other hand, led to him becoming Jochen Rindt’s manager and co-owner of the Lotus Formula 2 team (whose other driver was Graham Hill). Rindt died in a car accident on his route to the 1970 world championship but was named winner posthumously.
Early in 1972, Ecclestone purchased the Brabham team and thereby assumed control of Formula 1, forming the Formula One Manufacturers’ Association (FOCA) alongside Frank Williams, Colin Chapman, Teddy Mayer, and Ken Tyrrell, and Max Mosley.
Personal Life of Bernie Ecclestone
Ecclestone has been married three times before this. Deborah is his daughter with his first wife, Ivy. Bernie became a great-grandfather when Deborah and her husband gave him their first grandchild, who has children.
He had been married to Slavica Radi, who was born in 1958 in the Croatian city of Rijeka in the Socialist Federal Republic of Yugoslavia, for approximately 25 years. She is a former Armani model, standing 1.88 m tall, 28 years younger than her spouse, and 29 centimeters taller.
Tamara Ecclestone (born 1984) and Petra Ecclestone (born 1986) are the couple’s two daughters (born 1988). With her divorce, Slavica Ecclestone stated on November 20, 2008, that she had moved out of the family home.
Ecclestone announced his engagement to Fabiana Flosi, a Brazilian 45 years his junior, in April 2012. On August 26, 2012, the news of his marriage was made public. He declared in April 2020 that he would become a father again at the age of 89. Ace, his first son and fourth kid overall, was born on July 1, 2020.
Bernie Ecclestone Net Worth
Bernard Charles “Bernie” Ecclestone, an English business magnate and president and CEO of Formula One Management, has a net worth of $3.3 billion.
Bernie Ecclestone’s Compensation
Bernie Ecclestone is wealthy, thus you can presume he earns more than the ordinary person.
However, he has not made his pay public due to privacy concerns. As a result, we are unable to provide an exact salary estimate for him.
Bernie Ecclestone’s yearly earnings
Bernie Ecclestone’s income may come from a variety of sources, including investments, a business, and a salary. His income fluctuates year to year and is influenced by a variety of economic factors.
We looked into it, but couldn’t discover any reliable information concerning his earnings.
Bernie Ecclestone’s Personal Property
Bernie Ecclestone should own some residences, automobiles, and stocks based on his estimated net worth, but he has not officially disclosed all of his assets. As a result, we are unable to obtain an exact estimate of his assets