It was thought Petra Ecclestone and James Hunt’s lavish wedding had cost in the region of £5 million.
But now the father of the bride has revealed that the cost of his daugher’s big day totalled a staggering £12 million – much to his shock.
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Bernie was giving evidence during a fraud trial involving a German banker, but under cross-examination his daughter’s extravagant wedding in Italy became the focus.
Giving a telling insight into his family’s billionaire lifestyle, the F1 tycoon said that he had no idea about the total cost until he argued with his ex-wife Slavica shortly before the ceremony.
“My younger daughter got married and I thought as father of the bride I should pay for the wedding,” he explained, attempting to show that he did not break the terms of an off-shore family trust.
“But when it was suggested how much they would be spending on drinks, I thought it was absurd and I managed to upset my daughter and my wife.
“Then she spent in excess of £12 million on my daughter’s wedding which I did not know about until afterwards.”
The drinks at the wedding included Chateau Petrus wine, which costs £4,000 a bottle.
Slavica, a former model from Croatia, has a fortune of £750 million as the result of her divorce from Bernie.
Her girls are used to the finer things in life. On her marriage, Petra moved into surrounding the magnificent $85 million LA mansion once owned by TV mogul Aaron Spelling.
And her sister Tamara recently showed off a collection of Christian Louboutin heels, estimated to be worth £70,000 to promote her reality TV show Billion Dollar $$ Girl.
Their father was giving evidence at the trial of Gerhard Gribkowsky, a German banker charged with tax evasion and receiving bribes worth $44 million from the Formula One boss and his family's trust, called Bambino.
At the centre of the case are payments the 81-year-old businessman made to Mr Gribkowsky.