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F1's Bernie Ecclestone Splashes the Cash for His Ladies: "Bernie Ecclestone, Formula One Supremo and CEO of Formula One Motorsport, has recently purchased two London properties for his daughters.
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."
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