This is Petra Ecclestone, the 22-year-old fashion designer and billionairess who has just bought Candy Spelling’s monstrous mansion which has been on the market for two years priced at $150 million.
Although she is believed to have paid less than $100 million, Petra can easily afford it because her dad, Bernie Ecclestone, is the CEO of Formula One Management and has an estimated worth of $4 billion.
Known as The Manor, the home is the largest in Los Angeles County at 56,500 square feet. Built in 1991 to the Spellings’ specifications, the estate has a bowling alley, beauty salon, gift-wrapping rooms and parking for 100 cars.
|Outside the mansion Photo: Theo Kingma|
Candy Spelling will be moving into a 16,500 square foot penthouse condo in nearby Century City, for which she paid $35 million.