Nicola is the daughter of investor Nelson Peltz, who reportedly has a net worth of $1.7 billion (approximately £1.4 billion). His firm, Trian Fund Management, has invested in a handful of successful companies, including General Electric, Kraft Foods, Tiffany & Co., and Wendy's. Meanwhile, Nicola's mother is former fashion model Claudia Heffner.
She also has six brothers and one sister. While most of them stay out of the spotlight, her brother Will is an actor and her brother Brad is an ice hockey player.