F1 Mogul Ecclestone's Ex-Wife Builds Family Office to Manage Divorce Riches - Bloomberg

F1 Mogul’s Ex-Wife Builds Family Office to Manage Divorce Riches

  • Slavica Malic’s Elm Cove hires HSBC veteran Nerbrand as CIO
  • She received big settlement in split from Bernie Ecclestone
Bernie Ecclestone and Slavica Malic in 2008.Photographer: Darren Heath Photographer/Hulton Archive/Getty Images

The ex-wife of Formula One billionaire Bernie Ecclestone has built a firm to manage the fortune she derived from one of the world’s biggest motor-sports brands, becoming the latest super-rich woman to take more control of her wealth.

A company bearing Slavica Malic’s initials was set up last year as a family office for the 65-year-old former model, filings show. Malic received one of the Britain’s largest divorce settlements in 2009 after more than two decades of marriage to the longtime racing executive.