What Is Slavica Ecclestone's Net Worth?
Name | Slavica Ecclestone |
Net Worth | $1.2 Billion |
Date of Birth | 25 May 1958 |
Age | 65 Years |
Gender | Female |
Profession | Fashion Model, Businessperson |
Nationality | Croatia |
Slavica Ecclestone's net worth
Slavica Ecclestone, the Croatian former model and former spouse of Formula One magnate Bernie Ecclestone, has left an indelible mark on both the fashion and business arenas. With a remarkable net worth of $1.2 billion, much of which is derived from her successful modeling career and an attention-grabbing divorce settlement, her journey has not only captivated audiences but has also significantly contributed to her substantial wealth. In this article, we will explore the various facets of her net worth, her modeling career, earnings over the years, assets, personal life, and more.
What are Slavica Ecclestone's sources of income?
Slavica Ecclestone's career commenced as a model when she was just a teenager. Her modeling endeavors led her to work with renowned designers such as Giorgio Armani. Notably, she met Bernie Ecclestone, the Formula One mogul, during a promotional event in 1982. Their union in 1985 marked the beginning of a unique journey for Slavica Ecclestone, one that would significantly impact her financial situation.
Apart from her modeling career, Slavica Ecclestone's investments and financial activities have also contributed to her wealth. Her divorce settlement, which attracted global attention, plays a substantial role in her income, as she has been paying her ex-husband, Bernie Ecclestone, more than half a billion dollars from her trust fund.
Divorce settlement
The divorce settlement between Slavica Ecclestone and Bernie Ecclestone has indeed been a topic of intrigue due to its unusual structure. This unique setup can be attributed to the way Bernie Ecclestone structured his finances. In the late 1990s, amid serious health issues, he transferred many of his assets into Slavica's name. This strategic move aimed to protect his assets from British death duties, which would have subjected his daughters to a substantial 40% inheritance tax. Consequently, although Bernie Ecclestone boasts a net worth in the billions, Slavica Ecclestone technically holds the titles and ownership of numerous assets, leading to her being perceived as the wealthier party by the courts and, thus, mandated to pay her billionaire ex-husband an annual sum of approximately $100 million.
Slavica Ecclestone's personal life
Her initial meeting with Bernie Ecclestone at the 1982 Italian Grand Prix marked the commencement of a remarkable journey, characterized by unwavering determination. Despite facing substantial obstacles, including a language barrier – with Slavica speaking Serbo-Croatian and Italian, and Bernie exclusively conversing in English – their love persevered. Notably, their 28-year age difference and a considerable height contrast, with Slavica towering at 6'1 and Bernie measuring 5'2 1/2, were seemingly insurmountable disparities. Nevertheless, these disparities did not deter Bernie, and in 1985, the couple tied the knot, with Slavica becoming Bernie Ecclestone's second wife. Their union resulted in the birth of two daughters, Tamara and Petra Ecclestone. Tamara, born on June 28, 1984, is a multifaceted personality known for her career as a model, socialite, and television personality. Petra Ecclestone, born on December 19, 1988, has made her mark as a model, fashion designer, and socialite.
FAQs
How did Slavica and Bernie Ecclestone meet?
Slavica and Bernie met at the 1982 Italian Grand Prix during a Formula One event when she was a model and he was the Formula One chief.
Why did Slavica Ecclestone divorce Bernie after 23 years of marriage?
Slavica filed for divorce in 2008, and the specific reasons for their divorce remain private.
How did the divorce affect Slavica's wealth?
The divorce settlement awarded her an estimated £740 million ($898 million in today's exchange rates), significantly boosting her financial standing.