Ending Soon! Save 33% on All Access

'I Was Blindsided': Gisele Bündchen Breaks Silence on FTX Collapse The model lost an estimated $25 million in shares.

By Emily Rella

Getty Images
Gisele Bundchen gestures during 2023 Carnival parades Rio de Janeiro, Brazil.

Gisele 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.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.