F1’s richest men revealed

Just_me · 05-02-2007, 04:07 PM

Bernie Ecclestone is still the richest man in motor sport, according to the Sunday Times newspaper’s list of the 1000 wealthiest people in Britain.

With his wife Slavica controlling the money via Jersey-based trusts, their fortune is estimated at (US) $4.5bn.

The Times says F1 supremo Ecclestone is also a “generous” but “anonymous” donor to charity, to the tune of about $100 million every year.

Interestingly, retired former Ferrari driver Eddie Irvine features higher on the list than team bosses Sir Frank Williams and Ron Dennis, due to his flourishing property empire and ownership of Jenkins Shipping; one of Ireland’s largest paper importers.

41-year-old Irvine’s fortune is estimated at $300m; more than Williams ($190m) and McLaren’s Dennis ($160m). Former Minardi chief and aviation mogul Paul Stoddart’s personal fortune is a reported $186m.

Dennis’ 2007 rookie Lewis Hamilton popped up on the under-30s list as a newcomer, with the Times crediting him with $10m following his impressive debut this year.

Honda’s Jenson Button, meanwhile, is apparently worth about $60m, and 1979 world champion Jody Scheckter built on his racing fortune to the tune of $160m by subsequently running a firearms training company and an organic farm in Hampshire.

Source: GMM

Bartek Sikorski · 05-02-2007, 07:37 PM

Where is Schumi?

Gullwing · 05-02-2007, 08:39 PM

Schumi is not British.

Bartek Sikorski · 05-02-2007, 09:36 PM

450SEL6.9 · 05-02-2007, 10:31 PM

According to other rich lists I've read, Schu is worth 750 million to $1 billion U.S.

I looked at these rich lists a lot in journalism class and so many of them are rubbish IMO. The only one I actually think highly of is the Forbes list. Lewis Hamilton is estimated to be worth $10 million because his bonuses are supposed to be $5 million and he has sponsors lined up. Hmm. . . Well, did the editor of the list check if Ron allows his drivers to earn money from endorsements? Also, doesn't a UK resident pay 30% tax on his earnings?

I have a suspicion that celebrity publicists plant numbers. There is no way that many celebs are worth the amounts the magazines claim they are. Again, just my opinion.

450SEL6.9 · 05-02-2007, 10:34 PM

Quote:

Originally Posted by Bartek Sikorski

So how much are each of the drivers worth? Any ideas? I think Schu is worth about $750 million. How about DC, Hakkinen, Rubens?

05-02-2007, 04:07 PM	#1 (permalink)
Just_me Expert Join Date: Sep 2005 Location: Sweden Posts: 12,612 Thanks: 741 Thanked 2,035 Times in 1,028 Posts	F1’s richest men revealed Bernie Ecclestone is still the richest man in motor sport, according to the Sunday Times newspaper’s list of the 1000 wealthiest people in Britain. With his wife Slavica controlling the money via Jersey-based trusts, their fortune is estimated at (US) $4.5bn. The Times says F1 supremo Ecclestone is also a “generous” but “anonymous” donor to charity, to the tune of about $100 million every year. Interestingly, retired former Ferrari driver Eddie Irvine features higher on the list than team bosses Sir Frank Williams and Ron Dennis, due to his flourishing property empire and ownership of Jenkins Shipping; one of Ireland’s largest paper importers. 41-year-old Irvine’s fortune is estimated at $300m; more than Williams ($190m) and McLaren’s Dennis ($160m). Former Minardi chief and aviation mogul Paul Stoddart’s personal fortune is a reported $186m. Dennis’ 2007 rookie Lewis Hamilton popped up on the under-30s list as a newcomer, with the Times crediting him with $10m following his impressive debut this year. Honda’s Jenson Button, meanwhile, is apparently worth about $60m, and 1979 world champion Jody Scheckter built on his racing fortune to the tune of $160m by subsequently running a firearms training company and an organic farm in Hampshire. Source: GMM

05-02-2007, 07:37 PM	#2 (permalink)
Bartek Sikorski Advocate Join Date: Jan 2007 Posts: 771 Thanks: 277 Thanked 510 Times in 248 Posts	Re: F1’s richest men revealed Where is Schumi?

05-02-2007, 08:39 PM	#3 (permalink)
Gullwing Enthusiast Join Date: Dec 2005 Location: Las Vegas Posts: 207 My Mood: Thanks: 9 Thanked 47 Times in 33 Posts	Re: F1’s richest men revealed Schumi is not British.

05-02-2007, 09:36 PM	#4 (permalink)
Bartek Sikorski Advocate Join Date: Jan 2007 Posts: 771 Thanks: 277 Thanked 510 Times in 248 Posts	Re: F1’s richest men revealed

05-02-2007, 10:31 PM	#5 (permalink)
450SEL6.9 Inactive Account Join Date: Oct 2005 Posts: 825 My Mood: Thanks: 57 Thanked 60 Times in 54 Posts	Re: F1’s richest men revealed According to other rich lists I've read, Schu is worth 750 million to $1 billion U.S. I looked at these rich lists a lot in journalism class and so many of them are rubbish IMO. The only one I actually think highly of is the Forbes list. Lewis Hamilton is estimated to be worth $10 million because his bonuses are supposed to be $5 million and he has sponsors lined up. Hmm. . . Well, did the editor of the list check if Ron allows his drivers to earn money from endorsements? Also, doesn't a UK resident pay 30% tax on his earnings? I have a suspicion that celebrity publicists plant numbers. There is no way that many celebs are worth the amounts the magazines claim they are. Again, just my opinion.

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