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

By Emily Rella

entrepreneur daily
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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.

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