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Petra Ecclestone Arrives in Hollywood: “I’m Not Spoiled; I’m Privileged” [VIDEO]

VIDEO

(ABC)

Petra Ecclestone may not be well known to Americans, but she could be a household name pretty soon.

Last month, the British daughter of billionaire Bernie Ecclestone purchased Candy Spelling‘s Los Angeles mansion, at one point considered the most expensive private residence in the U.S.

The 22-year-old Ecclestone dropped a reported $85 million on the house, despite already owning a $90 million mansion in London.

The young, blonde, wealthy non-Hilton gave an interview to “Good Morning America” today, and explained her real estate acquisition.

She sees the purchase as a good “investment” for her future in Los Angeles, where the philanthropist/socialite/aspiring handbag designer might wind up becoming a tabloid fixture.

“I’m not spoiled. I’m privileged and I think there’s a huge difference in that,” explains Ecclestone. “I’ve very humble and fortunate and grateful for everything that my parents were able to achieve and how hard they’ve worked.”

Check out the video of her interview below!

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