Bundchen prefers payments in euros due to U.S. currency decline

By Caris Davis
November 06, 2007 08:00 AM
Jemal Countess/WireImage

Linda Evangelista famously said, “I don’t get out of bed for less than $10,000 a day.” Now, fellow supermodel Gisele Bündchen is saying that’s not even good enough.

That’s because the U.S. dollar is no longer acceptable to the Brazilian-born clotheshorse as payment. Her fall 2007 season policy is no greenbacks – no ifs, no buts, no kidding.

Like American financial guru Warren Buffett, the world’s richest supermodel isn’t happy with the recent sharp decline in the dollar and now insists in payment in other currencies.

“Contracts starting now are more attractive in euros because we don’t know what will happen to the dollar,” Gisele’s twin sister and manager Patricia Bündchen told Bloomberg.com in September.

When Bündchen signed an August 2007 contract to represent Pantene hair products for Procter & Gamble, she requested payment in euros, and will be paid in euros for her deal with Dolce & Gabbana in Milan to promote its new fragrance, according to Brazil’s biggest weekly magazine, Veja.

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