Friday, July 18, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Innovation

Giselle Bündchen Breaks Silence on FTX Collapse, $25 Million Loss | Entrepreneur

by Riah Marton
in Innovation
Giselle Bündchen Breaks Silence on FTX Collapse,  Million Loss | Entrepreneur
Share on FacebookShare on Twitter


Giselle Bündchen and ex-husband Tom Brady were among the many celebrities and investors that suffered major financial losses among the crash of crypto exchange platform FTX in November 2022.

According to Bloomberg, the supermodel owned roughly 680,000 FTX shares before the company went defunct, equaling an estimated $25 million loss. She also worked as the environment and social initiatives head for the entire organization.

In an interview released on Wednesday, Bündchen sat down with Vanity Fair to break her silence on the ordeal.

“I was blindsided,” she said. “I’m no different than everyone else that trusted the hype …It’s just terrible … I’m so sorry for all of us that this happened, and I just pray that justice gets made.”

RELATED: Who Is FTX Founder Sam Bankman-Fried and What Did He Do? Everything You Need to Know About the Disgraced Crypto King

Bündchen also said that she believed that FTX and her investment were a “sound and great thing” per the advice of her financial advisers and team.

Though Bündchen and Brady were married at the time of their investments (the pair also shot a number of advertisements together for the company) Brady owned almost twice as many shares of FTX — over 1.1 million — equaling an estimated $45 million.

FTX founder, Sam Bankman-Fried, is currently on trial facing 12 different charges, including money laundering conspiracy and commodities fraud conspiracy. He is pleading not guilty.

According to Celebrity Net Worth, Bündchen’s net worth is an estimated $400 million.



Source link

Tags: BreaksBündchenBusiness NewsCollapseEntrepreneurFTXGiselleLossMillionNews and TrendsSilence
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Council Post: Nine Ways These Entrepreneurs Work On Their Weaknesses (And How You Can Too)

Council Post: Nine Ways These Entrepreneurs Work On Their Weaknesses (And How You Can Too)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In