Bernard Charles Ecclestone was born on 28 October 1930, in Bungay, Suffolk England, and is is one of the more prominent businessmen in the UK because of being the CEO of the “Formula One Group”. He began his career as the manager of such drivers as Jochen Rindt and Stuart Lewis-Evans, and eventually Bernie step-by-step reached the position which he is in now. In addition to this, Bernie was also one of the owners of the football club called Queens Park Rangers. Bernie has received such honours as “Imperial College Honorary Doctorate”, “Commander of the Order of Saint-Charles” and “Grand Decoration of Honour in Gold for Services to the Republic of Austria”.
Bernie Ecclestone is one of the wealthiest people in the United Kingdom, so the question is just how rich is Bernie? Sources put his estimated net worth at as much as $4.2 billion. Undoubtedly, this sum will change in the future, as Bernie still continues working on his businesses.
Bernie Ecclestone Net Worth $4.2 Billion
When Bernie was a teenager, he studied chemical engineering, but his real interest was in motorcycles, and he soon started a business together with Fred Compton. Later he also tried racing, but his attempts had limited success, so he decided to become the manager of Stuart Lewis-Evans. In 1972 Bernie became the owner of the Formula One team called “Brabham”, which enhanced Bernie Ecclestone’s net worth over the period of 15 years during his ownership, before Bernie finally decided to sell it to Joachim Luhti.
However, in 1974 Bernie, together with Max Mosley, Teddy Mayer, Frank Williams, Ken Tyrrell and Colin Chapman, formed the “Formula One Constructors Association”, “FOCA”, which eventually had a huge impact on the growth of Ecclestone’s net worth, especially in 1978 when he became the CEO of “FOCA”. Although Bernie had some problems, as two of the drivers he managed died in racing accidents, he was still able to become one of the most successful businessmen. Regardless, Bernie became the leading administrator for Formula One which developed from FOCA, and which control gave his net worth its largest boost, as this influence on a major world-wide sport continues to this day.
Aside from motor racing, as mentioned before, in 2007 Bernie together with Flavio Briatore bought the football club “Queens Park Rangers”, and in 2010 Ecclestone became the majority shareholder. This also made Bernie Ecclestone’s net worth grow. Despite this, in 2011 the club was sold to Tony Fernandes.
Bernie’s autobiography entitled “No Angel: The Secret Life of Bernie Ecclestone” was published in 2011; this also added to Bernie’s net worth.
Speaking of his somewhat complicated personal life, Bernie has been married three times, firstly to Ivy Bamford(1952-80) with whom he has a daughter, then to Slavica (1985-2009) – two daughters – and latterly to 35 year-old Brazilian Fabiana Flosi (2012).
All in all, one should agree that Bernie Ecclestone is one of the most popular and richest businessmen in world sports. He started working very hard from a very young age and this allowed him to create a successful business and gain a lot of money. Of course, he had to overcome some problems and find solutions for them, but these problems only made him more experienced and allowed him to improve his business, so there is no surprise that Bernie Ecclestone’s net worth is so high. As said before, there is high chance that Ecclestone’s net worth will grow in the future.
