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The Fabulous Life Of Formula One Billionaire Bernie Ecclestone

Aug 6, 2014, 20:17 IST

REUTERS/Nacho DoceFormula One supremo Bernie Ecclestone (R) and former Brazilian soccer player Ronaldo take part in the presentation of a commemorative book titled "F1, Formula 1" in Sao Paulo November 22, 2012.

Bernard "Bernie" Ecclestone is credited with bringing Formula One racing the fame and clout that it has today.

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These days, the 83-year-old Formula One president and CEO is equally likely to appear in the news for his personal life as much as his professional one; he's been married three times, has three children (including two daughters whom the tabloids love), and a 198-foot yacht.

On Tuesday, Ecclestone paid $100 million to settle a long-running trial in Germany over allegations that he bribed a banker as part of the sale of a stake in the motor sport business.

It was a small price to pay for the racing tycoon, who is worth $4.2 billion dollars (up $4 million from last year). Ecclestone said the settlement would allow him to "do what I do best, which is running F1," after more than three years of litigation.

Let's take a look at Ecclestone's awesome life.

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