Tom Brady and Gisele Bundchen Owned Roughly 1.8 Million Shares of Company

Published on January 10th, 2023 5:57 pm EST
Written By: Dave Manuel



One of the investors set to be wiped out in the FTX scandal is the football player Tom Brady. A court filing made in bankruptcy court on Tuesday revealed just how much the newly-divorced Tom Brady and Gisele Bundchen lost in FTX.

According to the documents, Tom Brady owned more than 1.1 million common shares of FTX, while Bundchen owned more than 686,000.

Brady had an endorsement deal with FTX and filmed a number of commercials with the company.

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We don't know how much Brady and Bundchen paid for their shares of FTX, but we do know how much the shares were worth at their peak.

At its peak valuation, FTX was worth more than $30 billion.

This means that Brady's stake in the company was once worth $45 million, while Bundchen's stake was worth roughly $25 million.

This means that, at the peak of the FTX bubble, the Brady/Bundchen household (they were still married in early 2021) held $70 million worth of FTX shares.

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Robert Kraft, owner of the New England Patriots, had also invested in FTX.

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FTX has filed for bankruptcy protection.

As holders of common shares in FTX, Brady and Bundchen will almost certainly lose all of their investment.

Common shareholders sit at the bottom of the share structure of a company, meaning that they are the last to receive any sort of payout in the event of a bankruptcy.

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Tom Brady is still an immensely wealthy person who makes millions of dollars a year playing football.

In addition, he has a very healthy broadcasting contract waiting for him when he retires.

There is no doubt, however, that the FTX bankruptcy will sting for Brady.

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