Bernie Ecclestone net worth

4 min read
Capital: € 3.2 billion
Age: 89
Born: 10/28/1930
Country of origin: Great Britain
Source of wealth: Entrepreneurs
Last updated: 2022

Brief introduction

The businessman, who was born as Bernard Charles Ecclestone, was responsible for the marketing of Formula 1 from the mid-1970s to 2017. At the beginning of his adult life he had drove some of the motorsport races himself, but then quickly shifted to make money with their Motorsport management. With many controversial statements, it often causes scandals.

Youth

He was born in London in 1930 from a working class family. He left school at the age of 16, after that he found a job with London Public Works. After that he also raced himself, but was answered twice in 1958 to meet the requirements for the main field of Grand Prix from Formula 1. which was just established 1. Then he switched to management at Motorsport, especially Formula 1.

Career

One of the first actions to professionalize and monetize Formula 1 is to sell TV rights to Formula 1. However, his wealth is also due to the fact that he is not fully responsible for the financial design of Formula 1. He is also responsible for the right process of each Formula Grand Prix 1 . Here he is also very participating in the monetary requirements of the granting of these rights and cooperation with each of the race line operators.

Is also his responsibility to invest a lot in racial safety and thus drivers from around 1978. people die in races do not promote sales, although high risk is always part of the attractiveness of formula 1. As a result of these drastic steps, almost There were no accidents with serious consequences for drivers since the early 1990s.

In 1999 he underwent a heart surgery and received bypass. It did not prevent him managing the fate of Formula 1 with many enthusiasm and determination for almost two more decades and to expand their reach further.

Bernie Ecclestone is not only the head of formula 1 for more than five decades. During this time he also had two of his own racing teams that took part in the Formula 1 race. Initially this was the Connaught team, then the racing team was named Brabham. And the activities continue. For several years he was also a driver manager from the field of Formula 1, namely Jochen Rindt.

In addition, its activities are not limited to motorsport. Together with several other investors, he acquired British professional club Queens Park Rangers in 2007. However, Bernie Ecclestone sold shares in 2011.

In terms of clean wealth, he recently is ranked 222 of the richest in the Sunday Times list.

Career spotlight

In principle, because of its very long effectiveness as Formula 1 manager, more precisely the Formula One group, you cannot attract one highlight from the life of Berne Ecclestone. Conversely, thanks to him, regardless of setbacks and pauses occasionally, this racing series has become one of the most profitable sports companies in the world. His very long work was also reflected in the fact that he only resigned from this task at the age of 86 by selling formula one group. Being the son of a working class family who has collected great wealth as mentioned above is also truly extraordinary.

Famous quote

  • The only good thing about Olympics is the opening and closing ceremonies. It’s a great show. Otherwise it’s complete nonsense. ”
  • “I think democracy doesn’t get the store going.” (about its business principles)
  • “I have one of these wonderful ideas: women should always be dressed in white, like all the other kitchen appliances.”
  • “If I died in the middle of a Grand Prix – no problem! But I would prefer it to happen after the finish. ”
  • “As a florist, I would also try to cash in as much as possible. But my heart is in motorsport. ”

Amazing facts

In 2009, he caused a big scandal when, in an interview with The Times in London, he described Adolf Hitler as “not a real dictator” which was only withdrawn into matters that he did not want to do. Conversely, Ecclestone praised his ability to finish something. The result is a protest that is at least from the Jewish community. Ecclestone then apologized for his testimony.

Fabiana FloSi is his third wife. He had previously been married to a former Armani Slavia Radic model for 28 years, with whom Bernie Ecclestone had two daughters. He also has a child with his first wife Ivy, whose children also have children, make Bernie Ecclestone the great-grandfather.

In 2013 he was charged with bribery by the Munich Regional Court in a very serious case. The process is ended for an EUR 75 million payment.

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