F1's Bernie Ecclestone splashes the cash for his ladies
According to a recent report, Bernie Ecclestone paid a total of £101 million (US$ 161.4 million) to acquire two of Londoon's most expensive properties for his daughters Tamara and Petra.
Ecclestone's daughter Petra received a £56 million, grade two listed, eight-bedroom house in Chelsea, named Sloane House. Whilst Ecclestone's other daughter Tamara received a £45 million ($US 72 million) house in Kensington Palace Gardens.
Ecclestone is quoted by U.K. paper The Sunday Times saying; "I'm very proud of them. They're good girls. They're not stupid when it comes to money. They are very level headed and that's something I and their mother insisted on. At Christmas we bought them things we thought they needed and would use."
"They've both got boyfriends, they travel, and renovating a property will be good work for Tamara. There won't be a housewarming party for a while because there's a lot of work to do, but that's good. It will keep her busy and it will be a good project for her to learn from. I think they will even be able to make a healthy profit when they come to sell," he added.
Ecclestone, whose divorce settlement with ex-wife Slavica in 2009 cost him a reported £1 billion (US$1.6 billion), was also asked whether he would be retiring as Formula One CEO at any time soon.
"I'm not taking it easy. I can't afford to take it easy. It's business as usual," he said.
Perhaps the comments are justified if his recent presents to his daughters are anything to go by.
Ocean Villas Group - http://www.oceanvillasgroup.com
More OVG news..... http://blog.oceanvillasgroup.com
6 Battery Road,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release F1's Bernie Ecclestone splashes the cash for his ladies here
News-ID: 159494 • Views: 3972
More Releases from Ocean Villas Group Pte. Ltd.
Vera Wang bags Steve Hermann property in Beverley Hills, Los Angeles
Celebrity New York fashion designer Vera Wang has splashed out US$9.2 million on a Steve Hermann designed property in Coldwater Canyon, Beverley Hills, Los Angeles. Hermann bought the 408m2 house in June 2008 for US$5 million. He spent the next two years completely redesigning and renovating the 1967 built property at a cost of US$3 million. Two new bedrooms were added. The ceilings were raised to a height of 3.6 metres. The
Asia Pacific worlds cheapest for building property
The Annual Construction Cost Comparison Report by EC Harris Research has revealed that countries throughout the Asia Pacific region have significantly lower building costs than their counterparts in The West, despite experiencing substantial economic growth. Now in its seventh year, the report compares building costs per square metre in fifty six countries worldwide against construction costs in the South of England. India and Sri Lanka have the lowest construction costs in the
Jade Jagger puts Spanish property up for sale
Spain: The daughter of Rolling Stones frontman Mick Jagger, Jade Jagger, has put her Spanish property up for sale. The seventeenth century farmhouse is located on the North West Coast of the Balearic Island of Ibiza near the village of Sant Joan de Labritja. Dubbed by Jagger as her own “private paradise”, the Spanish property sits on top of a mountain overlooking the Mediterranean Sea. And from its secluded location it’s hard to
Spain cuts new property tax in half to lift Spanish real estate industry
Madrid, Spain: The Spanish Government has cut value added tax on new property in Spain by 50 per cent with immediate effect. The reduction in VAT (Spanish - IVA) from eight per cent four per cent on new build Spanish properties came into force on August 19th and will continue until the end of the year. Announcing the decision Jose Blanco, Minister of Development for Spain, said he hoped the new measures
More Releases for Ecclestone
Winfried Sedhoff Releases New Sci-fi Time Travel Romance Novel
Winfried Sedhoff Releases New Sci-fi Time Travel Romance Novel, MARI, Why I Needed to Return from the Future Author Winfried Sedhoff is pleased to announce the release of his new sci-fi time travel romance novel, MARI, Why I Needed to Return from the Future. What if you discovered your greatest potential for self-realization and happiness was tied to a woman living over a hundred years before you were born? Earth, 2184
Ecclestone buys Aaron Spelling property in Los Angeles for US$85 million
Petra Ecclestone, the daughter of F1 Supremo Bernie Ecclestone, has bought the Los Angeles home of Amercian film and television producer, Aaron Spelling. The twenty two year old fashion designer paid a reported US$85 million for the US property. Spelling bought the house from singer and actor Bing Crosby in 1983. The ‘Starsky and Hutch’ producer then demolished Crosby’s home and built his 5,300m2 mansion in its place. The property, known as