Italian businessman, Flavio Briatore, has an estimated net worth of $150 million. He was manager of two Formula One racing teams, most recently with Renault F1 . Briatore was forced to resign from the ING Renault F1 team due to his involvement in race fixing at the 2008 Singapore Grand Prix. Flavio Briatore has earned his net worth as a former manager or principal of the two Formula One teams. The most recent team was Renault F1, he was also part-owner and chairman of London’s Queens Park Rangers F.C. from 2007 to 2010. Born April 12, 1950 in Verzuolo, Italy.