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Gisele Audited By IRS; Says It's Forbes' Fault: 'I Earn Plenty, But Not As Much As They Say'
Photo Credit: Forbes Business

Gisele Audited By IRS; Says It's Forbes' Fault: 'I Earn Plenty, But Not As Much As They Say'

Apr 11 2014, 1:52pm CDT | by

It’s tough out there…for the world’s highest-paid supermodel. Gisele Bündchen, who has led the pack on our annual list (for seven years running), is the latest victim to be stung by the IRS....

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27 weeks ago

Gisele Audited By IRS; Says It's Forbes' Fault: 'I Earn Plenty, But Not As Much As They Say'

Apr 11 2014, 1:52pm CDT | by

It’s tough out there…for the world’s highest-paid supermodel. Gisele Bündchen, who has led the pack on our annual list (for seven years running), is the latest victim to be stung by the IRS. And according to the Brazilian celebrity, she has FORBES to thank.

“It’s sad, because the people who write these things don’t have my bank account details,” the 33-year old supermodel revealed to MdeMulher, a Brazilian online publication.  ”I do OK, I earn plenty, but not as much as they say. I’ve already been audited by the IRS because of this list and, truthfully, whether I’m on this list or not doesn’t interest me.”

But you don’t have to know the difference between Proenza and Prada to hazard an intelligent guess about Bündchen’s annual earnings. With an extensive list of multi-year contracts with Pantene Pro-V, H&M, Chanel, Louis Vuitton and Oral-B — we predict the numbers are huge.

FORBES estimated that Bündchen, who recently put her home on the market with for a reported $50 million, cashed in $42 million in earnings from June 2012 to June 2013. That’s a measly $3 million dip from her total the year prior.  In 2009, she landed No. 1 on our list of highest-paid models, cashing in $25 million in part due to her successful partnership with  Brazilian footwear company Grendene.

(Readers be reminded that our earnings estimates are based on editorial shoots, independent licensing ventures, spokesperson gigs and contracts from beauty and fashion companies.)

The IRS news won’t entirely damper the branding queen’s 2014, though. As Brazil’s retail sector skyrockets, the supermodel will only be raking in more royalties. This year in Sao Paulo, the former Angel will team up with lingerie maker — and Victoria’s Secret rival — Hope to open the first Gisele Bundchen Intimates store.

In addition to Bündchen’s still-successful partnership with footwear company Grendene, her luscious locks recently earned her a title as one of Pantene’s U.S. brand ambassadors.

But the supermodel mom wants to make it clear that money isn’t on her priority list: ”This is what I value: are my children educated, is my husband happy, are people feeling positive energy from me?” she told MdeMulher. “There should be a magazine to quantify knowledge, understanding and love for people: that is power.”

Great news, Gisele: We do that, too! It’s called the Power Women listand you’re No. 95.

Follow me on Twitter @vannamle.

Also on Forbes:

The World's Highest-Paid Models Of 2013

 
Update
2

7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies o ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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