Tamara and Petra Ecclestone: Poor Little Rich Girls

Tamara and Petra Ecclestone have been making headlines on both sides of the pond. The daughters of Formula 1 Supremo Bernie Ecclestone, the women's extravagant spending have set tongues wagging.

Not content with being socialites and heiresses to Bernie's estimated US$4.2 billion fortune, the sisters decided to do something other than be photographed sunning on yachts and going out to dinner.

22-year-old Petra recently dropped US$85 million, in cash, on a LA monstrosity built by legendary Hollywood producer Aaron Spelling and his wife, Candy. Asked why she bought the largest residential property in the Los Angeles County, when she already has a US$83 million pad in Chelsea, London, Petra replied that it's 'important for her dogs to have space'. The blonde also got married in late August to businessman James Stunt, at a 15th Century castle in Rome. David Guetta was the DJ; Alicia Keys and The Black Eyed Peas performed.

Yes, that is her husband. We can only assume she married him for love

Not to be outdone, Tamara has told of how she has 'dispatched' some of her people to the Amazon to collect crystals, in order to make her a £1 million bathtub to sit in her US$70 million home in Kensington, London. Presumably, these crystals are scattered by virgins on a full moon, and covered in the tears of a unicorn fed with rainbows. Sharing her sister's love of dogs, Tamara also likes to take her five pooches to the Harrods day spa, where they are treated to a spot of pampering for the bargain price of 'hundreds of pounds'. The 27-year-old has been following her sister around LA on the latter's honeymoon, as well as announcing that she, too, is looking for a place in the City of Angels (she has since rejected Ellen DeGeneres' US$60 million estate as too small). On top of these outstanding achievements, she is also busy promoting her upcoming show, Tamara Ecclestone: Curing Cancer Tamara Ecclestone: Billion Dollar Girl.

Both girls have given interviews (read Tamara's here and Petra's here) in which they insisted that they have earned their own money, and therefore deserve to spend it as they wish. I don't know why they bothered clarifying that. Everybody knows a 22-year-old who launched a clothing line that folded after two years can easily afford the most expensive property in America.