At just 22 years old, she's a billionairess with a $175million real estate portfolio.In an interview with ABC's Good Morning America, Petra Ecclestone - who has well and truly cemented her high-roller status by buying Candy Spelling's former LA home - insists that she is not spoilt, just privileged.
And there is, she says, a big difference between the two.
Guardedly revealing what made her fall for the $85million mansion, and what others may think of the London girl for doing so, the younger daughter of Formula 1 racing mogul, Bernie Ecclestone, spoke to ABC News in London.
GMA asked the blonde: 'People are going to look...mainly with envy, scorn, disdain perhaps. Why did you do this? Why did you buy this house?'
'Firstly, it was a great investment. I got a really good deal, and it's kind of like prime real estate.'
That's one way of putting it, Ms Ecclestone.
The new Ecclestone pad is America's most expensive home. The largest family home in LA - which Ms Ecclestone bought in cash for a cool $65million less than the original asking price - is known locally as 'Candyland' and sits in six acres of groomed lawns.
And there is, she says, a big difference between the two.
Sitting pretty: Billionairess Petra Ecclestone has bought Candyville for $85 million after borrowing $82.4 million form her mother, but insists she is not spoilt - just privileged
Guardedly revealing what made her fall for the $85million mansion, and what others may think of the London girl for doing so, the younger daughter of Formula 1 racing mogul, Bernie Ecclestone, spoke to ABC News in London.
GMA asked the blonde: 'People are going to look...mainly with envy, scorn, disdain perhaps. Why did you do this? Why did you buy this house?'
'Firstly, it was a great investment. I got a really good deal, and it's kind of like prime real estate.'
That's one way of putting it, Ms Ecclestone.
The new Ecclestone pad is America's most expensive home. The largest family home in LA - which Ms Ecclestone bought in cash for a cool $65million less than the original asking price - is known locally as 'Candyland' and sits in six acres of groomed lawns.
A good deal: The mansion was on the market for two years at a price of $150m but Ms Ecclestone bought the home for just over half of that. She says it's a great investment
