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F1's billionaires

Dietrich Mateschitz

A couple of formula one team owners also feature in lists outlining the world's billionaires. Although F1 supremo Bernie Ecclestone is a well-known billionaire, also easily surpassing the 1000 million dollar mark are Alex Shnaider, of the Jordan-Midland outfit, and Red Bull's owner of no less than two teams, Dietrich Mateschitz.

The trio are among 691 billionaires worldwide, according to Luxury Institute, a research organisation specialising in wealth. And, according to a list in the 'CNBC European Business' magazine, both Mateschitz and Shnaider are worth slightly less than (US)$2.5 billion each.

For the record, the richest billionaire in Europe is Indian-born Lakshmi Mittal, who is in the steel business. He is worth a cool $28.3 billion. However, it is no surprise that Ecclestone courted the list's European 'number 6' when a team or two came onto the market -- Roman Abramovich.

The Russian, who owns the Chelsea football club and recently bought a $944m yacht called 'Pelorus', can count on a stagging $17.7bn fortune. The closest any of Shnaider or Mateschitz's F1 colleagues come to matching their fortunes, meanwhile, is Renault boss Flavio Briatore. He owns a club called 'Billionaire'.

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• 01 Jan.
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• 31 Dec. '08
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• 30 Dec. '08
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• 28 Dec. '08
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• 27 Dec. '08
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• 26 Dec. '08
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• 25 Dec. '08
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• 24 Dec. '08
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  • Toyota committed to Formula 1

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