Petra Ecclestone’s Net Worth: Let’s Dig Into Petra Ecclestone’s Lavish Life!

petra ecclestone net worth

Petra Ecclestone, a British heiress, model, fashion designer, and socialite, was born on December 19, 1988.

Early Years

On December 19, 1988, in Westminister, London, England, Petra Ecclestone was born. Her father is the billionaire Formula One driver Bernie Ecclestone, while her mother is the well-known Armani model Slavica Ecclestone. She grew up speaking both English and Croatian and was raised with two siblings. She eventually picked up French and Italian.

Petra was 14 when she got meningitis. Her experience made her a self-described “health freak,” and Ecclestone is apparently now fixated on sobriety, vitamins, and personal hygiene.

How Much Money Does Petra Ecclestone Make (Net Worth)?

Petra Ecclestone is a British-born heiress, socialite, model, and fashion designer with a $400 million fortune. Petra is from a prosperous household.

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petra ecclestone net worth

Bernie Ecclestone, a top executive in Formula One, is her father. Bernie has a $3.3 billion net worth. Slavica, her mother, is a well-known former model from Croatia. Tamara Ecclestone, a socialite, is her sister.

Petra’s work in the fashion industry, specifically her work as a menswear designer, is probably what makes her most well-known today. She is also well-known for having previously owned The Spelling Manor, one of the biggest private homes in Los Angeles. She paid $85 million for the house in 2011, made $20 million in improvements, and then sold it for $120 million in 2019.

Petra is another person who frequently finds herself in the tabloid press. Although she doesn’t exactly encourage this ongoing level of interest, Petra always appears to be the subject of fresh rumors. Ecclestone is also well-known for her successful real estate deals and her previous marriage to James Stunt.

Personal Life

The Manor, once owned by Ecclestone, is located in Holmby Hills, Los Angeles. She is a native speaker of Croatian and is also proficient in French and Italian.

Ecclestone wed businessman James Stunt on August 27, 2011. In February 2013, she gave birth to their daughter Lavinia Stunt. She gave birth to James Robert Fredrick Stunt Jr. and Andrew Kulbir Stunt as twins in April 2015. On October 12, 2017, their divorce was officially finalized.

Their estimated combined worth of £5.5 billion was divided equally, and she took back her maiden name. She welcomed her second daughter in 2020. Ecclestone wed businessman Sam Palmer on July 16, 2022.

Real Estate

Petra paid $85 million in cash for the Spelling estate in Beverly Hills, often referred to as “The Manor,” in 2011. Aaron and Candy’s Spelling constructed the estate, which is still the biggest single-family home in Los Angeles County.

The Spelling Manor, which is bigger than the White House, has more than 100 rooms as well as a bowling alley, wine cellar, and barbershop. Tennis courts, swimming pools, koi ponds, and a citrus orchard can be seen outside. The motor court at the Manor can accommodate more than 100 automobiles.

She spent $90 million on another property in Chelsea, a wealthy district of London, in 2010. Since making her purchase, Petra has reportedly received offers from purchasers for her London home that total more than $125 million.

She eventually changed her mind and listed the Spelling Estate for a wildly exaggerated price after deciding she no longer desired it. She initially tried to sell the property for the astounding figure of $200 million, but bidders shied away from this pricey home.

Ecclestone decided on a price of $120 million after several years and price changes, and he accepted an offer in 2019. At the time, this represented the highest sale price in California history.

petra ecclestone net worth

It’s important to note that Petra lavished at least $20 million on the house, shelling out astronomical amounts for a plethora of remodels and improvements. Additionally, $20 million was spent on taxes and maintenance. Therefore, after matching, Petra “only” made a $15 million profit on her Beverly Hills real estate transaction.

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The idea that a $15 million profit is a little sum of money may sound absurd, but one must consider the investment possibilities of the initial $85 million in 2011. Without paying any fees, she would have $170 million if she had put the same amount into the S&P. (before taxes). She would have had $330 million if she had purchased Apple stock. She would have $865 million if she had purchased Amazon stock.

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Mary

I'm a researcher and behavioural therapist with a PhD in Social Media. I also love to travel and drink coffee. Follow my adventures around the world, or just know that I really need to be back at the library.