Formula One billionaire Bernie Ecclestone will be the world’s best-kept man. Since his divorce from his second spouse, Slavica, he has acquired greater than half a billion dollars from his ex-wife’s belief fund. It is a really uncommon settlement. Rather than the billionaire paying off his ex, she appears to be paying him roughly $100 million a yr.
Ecclestone and Slavica had been married for 24 years. She was his second spouse and she or he divorced him in 2009. Slavica is 28 years youthful, and greater than a foot taller than her diminutive ex. When they divorced, it was assumed the greater than $1 billion settlement was in her favor. After all, sometimes the wealthier partner is the one who pays their ex, and Ecclestone, with a web value of $three.1 billion, is lots rich.
Ecclestone owns a number of personal jets, a 190-foot tremendous yacht, and a chalet in Gstaad, to call just some of his property. He additionally has the perfect authorized and tax recommendation that cash should buy. The uncommon construction of his divorce settlement is not that shocking, given how his funds are structured.
In the late 1990s, Ecclestone’s property had been transferred into Slavica’s title when he was affected by critical coronary heart issues. He had a triple bypass in 1999. If he had died, the inheritance he would have left his daughters would have been subjected to British loss of life duties on the price of 40%.
So, whereas Ecclestone has a web value within the billions, his ex-wife technically holds the deeds and pink slips on quite a few his property, and as such, is left holding the proverbial bag. Because of this, it seemed like she was the wealthier one to the courts and is required to pay her billionaire ex $100 million per yr.