Tom Brady and Gisele Bündchen Attached A Large Sum of Their Net Worth of $600 Million Into FTX Venture That Has Now Seen a 72% Drop in Value

Published 11/09/2022, 5:09 AM EST

It is just not getting any better for Tom Brady this year. He went through a divorce with his wife Gisele Bündchen, and his team’s on-field form has been questionable this season. Just when he led the Tampa Bay Buccaneers to a galvanizing win over the reigning Super Bowl champions, Los Angeles Rams, he had bad news waiting for him again.

A cryptocurrency exchange in which Brady and Bündchen had invested last year has seen a 72% drop in value. And Binance is now set to buy it out.

Tom Brady and Gisele Bündchen investing big into FTX

June 2021 was a good time for Tom Brady. He had just won the Super Bowl for the seventh time a few months back. And it was a good time to invest in the cryptocurrency market as well. So Brady and his now ex-wife, Gisele Bündchen, signed a deal with the cryptocurrency exchange FTX that month.

Article continues below this ad

It was an equity deal that made Brady the brand ambassador of the company. The deal also gave Bündchen an environmental and social initiatives adviser role in the company. And the couple attached a lot of their $600 million net worth into the investment.

🏈 Exclusive Invite for NFL Community

Fast forward to 2022, the exchange has dropped 72% in value. The cryptocurrency market is in shambles. And crypto giant Binance is set to buy out the company in pennies over a dollar. That may see both Brady and Bündchen lose a major chunk of their net worth. Just another bad day for the NFL G.O.A.T.

Brady’s abysmal year

2022 hasn’t been a good year for Tom Brady. In October, his wife and supermodel Gisele Bündchen finalized the divorce with the Tampa Bay Buccaneers star. They married each other in 2009.

Article continues below this ad

Bündchen wanted Brady to spend more time with the family. Brady announced his retirement from the NFL after the 2021 season to do just that. But he quickly changed his mind and came back out of it in just over a month. He wanted to win another Super Bowl ring. That did not go down well with Bündchen.

Days After Making NFL History, Tom Brady Drops Subtle Retirement Hint: “That Is When I’m Going to Retire”

Article continues below this ad

Even on the field, he went through the worst start to a season in his entire career. The Bucs had won just three of the eight games before he led them to a big win over the Rams. The QB even admitted that it was something he had never gone through before. And now his investment is at risk. Brady would hope the next year brings something better for him.

Watch This Story: Tom Brady’s Interaction With Former Arch-rival Makes NFL World Go Nuts

SHARE THIS ARTICLE :

Written by:

Shivam Pratap Singh originally hails from Punjab, India. After completing his Master's degree from Jamia Millia Islamia, he joined the world of media with a stint at Opoyi. While he was there, he started to follow the NFL.

Edited by:

Gurjyot Singh Dadial

Tom Brady and Gisele Bündchen Attached A Large Sum of Their Net Worth of $600 Million Into FTX Venture That Has Now Seen a 72% Drop in Value

Tom Brady and Gisele Bündchen investing big into FTX

Trending

Exclusive: After Claiming He Can Beat Caitlin Clark 1v1, Iowa’s No.1 NFL Draft Prospect Cooper DeJean Comes Clean

After Confirming Patriots Interest, JJ McCarthy Reveals Tom Brady Was Speaking to Him Throughout National Championship Winning Season

Who Are Laiatu Latu’s Parents? Meet the Family of UCLA’s DL

Where Is Russell Wilson’s Ex-partner Ashton Meem Now? Everything We Know About Broncos QB’s First Wife

2024 NFL Draft: In Eminem’s Presence, Detroit Denied Entry Into NFL History Books as Motor City Fans Stopped Due to Maximum Capacity

Brady’s abysmal year