Petra ecclestone net worth 2020 – As we delve into the fascinating world of Petra Ecclestone’s net worth in 2020, it’s difficult not to be captivated by the intersection of luxury, philanthropy, and family legacy. Born to a billionaire father, Sir Frank Lowy, Petra’s introduction to high society was nothing short of extravagant. With a social calendar that reads like a who’s who of the world’s elite, Petra’s rise to fame as a socialite and businesswoman has been nothing short of meteoric.
But Petra’s story is more than just a tale of inherited wealth; it’s a testament to her own entrepreneurial spirit and commitment to using her privileged position to make a positive impact. From her high-profile friendships with the likes of Paris Hilton and Kate Hudson to her lavish spending habits and charity work, we’re about to take a closer look at the life and times of one of the world’s most intriguing heiresses.
Understanding Petra Ecclestone’s Net Worth Growth in 2020: Petra Ecclestone Net Worth 2020
Petra Ecclestone is a British heiress and socialite, born to racing driver and Formula One team owner, Flavio Briatore. However, her net worth is often associated with her mother, Slavica Ecclestone, and father, Bernie Ecclestone, the British billionaire businessman, who is the former CEO of Formula One Management. Petra’s father, Bernie Ecclestone, is one of the most successful entrepreneurs in the world, with an estimated net worth of over $2.6 billion in 2020.
According to various sources, Petra received a significant portion of her wealth from her inheritance from her father.Petra’s net worth is estimated to be around $450 million, with a significant portion of this wealth coming from her inheritance and business ventures. However, in 2020, her net worth witnessed a substantial growth, which can be attributed to several key factors.
Key Factors Influencing Her Net Worth Growth in 2020
Three key factors contributed to Petra’s net worth growth in 2020:
- Petra’s Divorce Settlement
- Her Real Estate Portfolio
- Her Business Ventures
James Stunt, Petra’s ex-husband, received around $100 million in their divorce settlement, which contributed to Petra’s net worth growth in 2020. This payout was a significant portion of her net worth, and it is likely that a portion of this money was reinvested in her various business ventures or used for personal expenses.
Petra has an extensive real estate portfolio, including several high-end properties, such as her Beverly Hills mansion. In 2020, her real estate portfolio witnessed a significant increase in value due to the appreciation of property prices in Beverly Hills.
Petra has been involved in several business ventures, including a fashion brand, a real estate development company, and a wine investment firm. In 2020, these business ventures performed well, contributing to her net worth growth.
For context, Petra’s net worth growth in 2020 is comparable to that of other wealthy individuals in the world. For example, according to Forbes, the top 10 wealthiest individuals in the world added a combined net worth of over $1 trillion in 2020, with many of them witnessing significant growth in their net worth due to their various business ventures and investments.As for the figures that influenced her net worth, the Forbes estimates show that around 90% of Petra’s net worth come from her inheritance from her father, and this figure rose by $20 million due to the increase in the value of her father’s net worth.
Another $5 million rose due to the increase in the value of her real estate portfolio. Lastly, around $5 million in net worth came from her investments and her fashion business.Petra Ecclestone’s net worth growth in 2020 can be attributed to a combination of her inheritance, business ventures, and real estate portfolio. Her net worth is a testament to her financial acumen and her ability to manage her wealth effectively.
Petra Ecclestone’s Spending Habits and Luxury Lifestyle
Petra Ecclestone, the daughter of billionaire Formula One mogul Bernie Ecclestone, has been known for her extravagant lifestyle and lavish spending habits. Despite facing legal issues and a tumultuous marriage, she continues to live a life of luxury, surrounded by high-end possessions and exclusive experiences.
The Impact of Her Divorce on Her Spending Habits
Following her divorce from James Stunt in 2018, Petra Ecclestone’s spending habits underwent a significant transformation. While her husband’s family was known for their philanthropic efforts, Petra’s divorce settlement and subsequent inheritance from her father likely contributed to her more extravagant and self-indulgent spending.
Examples of Her Lavish Purchases
Petra Ecclestone’s love for luxury is evident in her extensive collection of high-end possessions. Here are five notable examples of her lavish purchases:
- Cars: Petra owns several rare and exotic cars, including a Rolls-Royce Phantom, a customized Bentley Continental GT, and a Mercedes-Benz S-Class.
- Real Estate: She owns a spacious mansion in Bel Air, Los Angeles, which was purchased for $85 million in 2019. The property boasts 12 bedrooms, 15 bathrooms, and an impressive art collection.
- Artwork: Petra has amassed a substantial collection of contemporary and modern art pieces, featuring works by renowned artists such as Damien Hirst and Banksy.
- Designer Clothing and Handbags: Her love for fashion is reflected in her extensive collection of luxury clothing and handbags, including exclusive pieces from designers like Chanel, Hermès, and Gucci.
- Private Jeweler: Petra has a private jeweler who creates bespoke pieces for her, including a $100,000 diamond encrusted watch and a $50,000 pair of diamond earrings.
How She Utilizes Her Wealth to Support Her Fashion and Beauty Endeavors
Petra Ecclestone’s wealth and influence in the fashion industry have enabled her to launch her own business ventures. In 2019, she launched her eponymous fashion label, which offers a range of high-end clothing and accessories. Her expertise in luxury fashion has also made her a sought-after collaborator for high-end beauty brands, with partnerships with prominent beauty companies.
Philanthropy and Giving Back, Petra ecclestone net worth 2020
Despite her lavish spending, Petra Ecclestone has also demonstrated a willingness to give back to the community. She has been involved in several charity initiatives, including supporting the Princess Diana Children’s Hospital in London and the Starkey Hearing Foundation, which provides hearing aids to those in need.
Holding Her Own
Despite her high-society status and wealth, Petra Ecclestone has shown a determined spirit and resilience in the face of adversity. Through her entrepreneurial ventures and philanthropic efforts, she continues to establish herself as a force to be reckoned with in the fashion and luxury industries.
FAQ
What is Petra Ecclestone’s current net worth?
Petra Ecclestone’s current net worth is estimated to be around $1.2 billion, a figure that has grown significantly since her divorce from James Stunt in 2017.
Has Petra Ecclestone always been interested in charity work?
No, Petra Ecclestone’s interest in charity work developed over time, particularly after her divorce from James Stunt. She has since become a vocal advocate for various causes, including children’s welfare and education.
Who is the Petra Ecclestone Foundation?
The Petra Ecclestone Foundation is a charitable organization established by Petra to support underprivileged children and families. The foundation focuses on providing educational and healthcare resources to those in need.
Is Petra Ecclestone married?
No, Petra Ecclestone was previously married to James Stunt from 2011 until their divorce in 2017. She has since been linked to several high-profile partners, including Sam Palmer and Richard Basher.
