Gisele Bündchen 'rejects dollar pay'

[Ferdinanda]

That a baby. B)

 

[twin star]

from WWD

Published: Thursday, November 08, 2007

GISELE’S DOLLARS AND SENSE

Her boyfriend Tom Brady of the New England Patriots has been getting a hero’s welcome from the media after Sunday’s last-minute win over the Indianapolis Colts, but Gisele Bündchen has been taking her share of hard knocks for allegedly having American companies pay her in euros. Not true, according to the model’s IMG agent Anne Nelson, who said every client pays Bündchen in the currency that is prevalent in its respective country.

“It’s always been set up that way. It’s been wrongly reported in the last few days,” Nelson said.

The 27-year-old Brazilian tallied $33 million in fees and endorsements last year, according to Forbes. As a U.S. tax resident, Bündchen “is based in America, pays her bills in America. She, like anyone else who lives in America, doesn’t feel the fluctuation of the dollar until she goes shopping in Paris. She is pretty much here all the time and doesn’t feel the difference.”

In the instances when a European-based company does pay her in euros, the process chips away at the pay, Nelson said. “It’s more of a process — by the time it’s been converted [into dollars] and the banks have taken their commissions. It’s better to get paid in U.S. dollars.”

 

[mrrene]

So far she's been right, the Euro hit 1.4735 yesterday...

 

[smartarse]

She, like anyone else who lives in America, doesn’t feel the fluctuation of the dollar until she goes shopping in Paris. She is pretty much here all the time and doesn’t feel the difference.”

that is true, we dont feel the impact the USD has but when you go to Europe.... man oh man it's like a Mac Truck just hit your Gucci wallet. it really sux going abroad for Americans.

 

[Suburban Snob]

I didn't know she spent most of her time here in the US. I thought she was based here but lived elsewhere when she wasn't working.

 

[smartarse]

she resides in NYC. but every now and then she'd fly back to Brazil.

 

[Suburban Snob]

i think product like this surely make WAY MORE money than those high end fashion clothings.
shampoo's used by ALL people in this planet and although it's small thing they hapen to make more profits than the clothes
and i think they can pay better than fashion.

Oh, for SURE. Mass market appeal. It makes me wonder if higher end deals will be less likely to happen because I think it cheapens her image a bit as bad as that sounds.