Red Bull's Mateschitz worth more that Ecclestone

Dietrich Mateschitz

Georgina Prodhan reported Dietrich Mateschitz, who founded Red Bull with two Thai partners in 1984, is one of Austria's richest people," with a net worth of $7.1B, according to Forbes. Bernie Ecclestone is worth about $3.8B. Of course his daughters Tamara & Petra Ecclestone spent $3.5B In 9 Years, otherwise Ecclestone might be worth more. Reuters

Among the lavish, opulent, and ridiculously expensive things the two sisters spent their money on, are Petra’s Â£12 million wedding and Tamara’s Â£1 million crystal bathtub. They spent the entirety of their trust in less than ten years.

Here is a running tab of some of their latest expenditures:

Ecclestone with his ex-Wife and two daughters

Tamara’s Shoe Collection: $175,000
Tamara’s Handbag Collection: $110,000
Tamara’s Crystal Bath Tub: $1,500,000
Petra’s London Home: $70,500,000
Petra’s LA Home: $80,000,000
Ferrari 599 GTO: $385,000
Rolls Royce Wedding Gift: $520,000
Sea Force One MegaYacht: $150,000,000
Petra’s Wedding Ceremony totaled $18,000,000… Below are some of the expenses:
Rental of Odescalchi Castle: $483,600
Petra’s Vera Wang couture wedding gown: $125,000
Black Eyed Peas’ performance fee: $2,300,000
Fireworks: About $156,000
DJ David Guetta: $786,000

Last January, Bernie Ecclestone was quoted as saying:

"I’m very proud of them. They’re good girls. They’re not stupid when it comes to money. They are very level-headed and that is something I and their mother insisted on."

Do you think Bernie misjudged the intelligence of his daughters?