Supermodel Switch from Dollar to Euro
Short News Monday November 5, 2007
The world’s richest model has announced that from now on she wishes to be paid in euros as opposed to dollars due to the sliding value of the US currency.
Gisele Bündchen, 27, is estimated to have earned about $30m in the year to June. Patricia Bündchen her sister and manager told Bloomberg "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."
Last month, Warren Buffett made the surprise announcement that he was not confident about the strength of the US currency followed by Jim Rogers who said he was selling his possessions to buy into the yuan.
Short News Monday November 5, 2007
The world’s richest model has announced that from now on she wishes to be paid in euros as opposed to dollars due to the sliding value of the US currency.
Gisele Bündchen, 27, is estimated to have earned about $30m in the year to June. Patricia Bündchen her sister and manager told Bloomberg "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."
Last month, Warren Buffett made the surprise announcement that he was not confident about the strength of the US currency followed by Jim Rogers who said he was selling his possessions to buy into the yuan.
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