Everyone is making a big deal about the permanent A list QB losing a bunch of money.

Other than the lawsuits he needs to settle, he didn’t lose any of his own money.

Plus, he already made a bunch selling stock.

Tom Brady

Tom Brady owned more than 1M FTX shares before collapse, a stake that’s likely gone

The FTX collapse has left the cryptocurrency world reeling, and former brand ambassador for the once $32 billion enterprise turned bankruptcy failure, Tom Brady, could stand to lose millions in its wake.

The Tampa Bay Buccaneers quarterback held over 1.1 million in shares, while his ex-wife Gisele Bündchen owned roughly 680,000 in common shares, bankruptcy filings showed.

The pair became brand ambassadors in 2021 and starred in commercials for the cryptocurrency exchange company.

During the year, Bitcoin, the largest crypto by market value, hit a high of $65,000 and since has dropped to the $17,000 level.

Forbes estimated in November after FTX first announced it was experiencing a liquidity crisis, that while it is unclear how much the duo had invested in the company, the football star was estimated to have a stake worth $45 million, while Bündchen’s was valued at $25 million before prices began to drop. – Source


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