Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Tom Brady and Gisele's charitable foundation gave away just 0.08 PER CENT of their $700m fortune

Gisele Bundchen and Tom Brady's charity, to which the supermodel said 'my life is devoted', was in an uncomfortable spotlight on Thursday as it emerged that the $700 million former power couple only contributed minuscule sums to its work.

Bundchen, 42, and Brady, 45, were granted a divorce on October 28, after 13 years of marriage.

Their split was said to be efficient, as the pair had signed a meticulously-prepared pre-nup, which avoided any public fighting over their property empire or Custody of their two children.

But the divorce also sparked interest in their charity - and led to the revelation that less than 0.09 percent of their wealth was directed towards the foundation.

The Brazilian-born supermodel founded the Luz Foundation in 2007, saying it was to provide grants and support to young girls.

'My life is devoted to this,' she said, in a 2015 interview with the Sydney Morning Herald.

Gisele Bundchen and Tom Brady are pictured in September 2016. The couple divorced last month, and their divorce has put their homes, businesses and charity in the spotlight

People are seen sorting through waste collected from a beach in Costa Rica, under a program arranged by the charity Waterkeeper Nicoya Peninsula. Bundchen and Brady's foundation in 2018 gave the group $300

Basketball players are pictured at an event organized by Challenged Athletes Foundation - a group which received $1,000 from the supermodel and her NFL star husband

Tom Brady and Gisele's $733 fortune and expansive property portfolio

SHARED PROPERTIES 

  • $17 million Miami mansion 
  • $3.6 million New York City condo 
  • $5.7 million Montana estate 
  • Vacation home in Costa Rica - price unknown 

GISELE'S EARNINGS AT A GLANCE

  • $25 million contract with Victoria's Secret 
  • $197 million Ipanema flip flop deal
  • $4 million Chanel beauty contract
  • Best-selling memoir and upcoming cookbook
  • Current estimated net worth: $400 million 

 TOM'S EARNINGS AT A GLANCE

  • $52 million in endorsement deals
  • $20.3 million from lifestyle brand TB12
  • Broadcasting deal with Fox Sports for $375 million for 10 years
  • $30 million annually from NFL
  • Current estimated net worth: $333 million 

'I know from the outside that people think: 'This girl just poses for pictures.'

'But in my head, I'm thinking the whole time: 'Okay, if I take this job, then I can have more money to put into this.'

'So that's what I'm doing, because that's [why] God gave me to do what I can do, right?'

The group, which is based in Long Island, received its IRS tax exempt status three years later.

Yet in the first 12 years of the charity - during which time Bundchen was the face of Chanel Number 5, Givenchy and Versace - the Luz Foundation gave out a total of $640,402 to various groups.

The figure translates to 0.083 per cent of the couple's combined net worth.

Bundchen ran the charity with Brady and Peter Mattoon, a financier who helps Brady with his investments.

And despite Bundchen declaring the charity to be her calling in life, the sums it distributed were, for people of their wealth, remarkably small.

Three hundred dollars was donated in 2018 to an environmental charity in Costa Rica, the Waterkeeper Nicoya Peninsula, where the pair have a home. 

Bundchen is believed to have kept the property under their divorce agreement.

The gift was not even mentioned in Waterkeeper's list of donors, and neither Bundchen, Brady nor the foundation listed as supporters.

The same year, $900 was given to the World Wildlife Fund and $1,000 to the Challenged Athletes Foundation, a charity that helps people with physical disabilities, according to tax filings obtained by The New York Post.

The World Wildlife Fund received $900 from the $700 million power couple's foundation

In 2014, Bundchen was on the board of directors for the Rainforest Alliance, and the foundation made contributions.

In 2014, they gave $48,000 to the alliance, and $25,000 the following year.

Groups involved in yoga and meditation were often recognized.

In 2017, $25,000 was given to the David Lynch Foundation, a New York-based group which promotes meditation and yoga in schools.

The Massachusetts-based You Go Girl Yoga, received $25,000 that year.

The most recent tax filing, from 2019, showed $80,000 of its $350,000 budget being given to the Pointing Out the Great Way Foundation, a Massachusetts-based charity that promotes Indo-Tibetan meditation.

Bundchen has not commented on the donations.

Inside Tom Brady and Gisele's $733 MILLION divorce: As couple confirm their split after 13 years of marriage, FEMAIL reveals everything at stake in their 'amicable' settlement - from custody of two kids to their $26 MILLION+ property portfolio

After weeks of rumors and speculation about brutal turmoil in Tom Brady and Gisele Bündchen's relationship, the pair finally revealed today that they are divorcing after 13 years of marriage - confirming that they have reached an 'amicable' settlement regarding their vast fortune, custody arrangement, and division of their incredible property portfolio. 

At the time of their wedding, both Tom, 45, and Gisele, 42, were shining beacons of success - and high-earning potential - in their respective fields. Although the NFL star was injured and had just lost his first Super Bowl, he was still widely considered one of the best players in the sport, while his supermodel wife was one of the most recognizable faces in fashion. 

Gisele has now starred in more than 550 ad campaigns, posed for 2,000 magazine covers, and walked in 800 fashion shows, while Tom has played 22 seasons in the NFL, helping his teams win seven Super Bowl titles and breaking numerous records along the way. 

Together, the pair amassed a staggering fortune - even as Gisele put her fashion career on the backburner in order to support her husband's quest for continued Super Bowl glory - and today, amid their split, they are estimated to be worth a combined $733 million.

Interestingly, while Tom's career is still ongoing, it's estimated that Gisele is worth more than her husband, with the supermodel's net worth reported at $400 million and the athlete's at $333 million.

As one of the highest paid models in the world and one of the most successful football players the NFL has ever seen - Tom Brady, 45, and Gisele Bündchen (seen with their two kids), 42, have a lot of assets to divide up amid their shocking divorce

The former power couple confirmed that they were 'amicably' parting ways after 13 years of marriage on Friday, but many are left wondering, how will they split their massive wealth and numerous properties - and who will get custody of their children? 

While the couple's divorce confirmation has finally answered several lingering questions about the status of their marriage - it has also raised fresh intrigue over how they will divide their massive fortune, including their $26 million+ property portfolio, and who will get custody of their two children.

In a statement posted to Instagram, the athlete called his and Gisele's decision to end their relationship 'painful,' but vowed to put their kids first so that they 'receive the love and attention they deserve.'

'In recent days, my wife and I finalized our divorce from one another after 13 years of marriage,' he wrote. 'We arrived at this decision amicably and with gratitude for the time we spent together. 

'We are blessed with beautiful and wonderful children who will continue to be the center of our world in every way. We will continue to work together as parents to always ensure they receive the love and attention they deserve.

'We arrived at this decision to end our marriage after much consideration. Doing so is, of course, painful and difficult like it is for many people who go through the same thing every day around the world.

'However, we wish only the best for each other as we pursue whatever new chapters in our lives that are yet to be written.' 

Gisele added in a post of her own: 'My priority has always been and will continue to be our children whom I love with all my heart.

'We will continue co-parenting to give them the love, care, and attention they greatly deserve. The decision to end a marriage is never easy, but we have grown apart. It is, of course, difficult to go through something like this.'

The supermodel concluded by stating that she 'wished' her ex 'the best,' and said she was 'blessed' for the 'time they had together.'

As the pair speak out about their decision to split for the first time, FEMAIL has revealed everything that's at stake in their divorce settlement - including their massive joint net worth and four different mansion around the world; here's what we know about Tom and Gisele's assets and how they will be divided between the two stars amid their divorce.  

How a supermodel and a Super Bowl winner amassed a joint $733 MILLION net worth: Inside the couple's shared fortune 

Before getting married, both Tom and Gisele had already launched major careers for themselves, with Gisele working as a successful model and Tom becoming one of the most acclaimed footballers in the country 

Gisele was one of the most successful supermodels in the world, strutting her stuff on catwalks for a slew of brands, including Victoria's Secret (left), while her husband had made a name for himself as one of the most successful NFL stars (right)

Before getting married, both Tom and Gisele had already launched major careers for themselves, with Gisele working as a successful model and Tom becoming one of the most acclaimed footballers in the country.

Born in Brazil, Gisele was discovered by Elite Model Management at a shopping mall when she was just 13; the company then invited her to compete in its Elite Model Look contest, where she came in second place.

The fashion icon made her modeling debut at New York Fashion week in 1996, but for two years after that she struggled to book another job. 

However, her lucky break came in 1998 when she was cast in an Alexander McQueen runway show. Following that, she was propelled into stardom practically over night, and went on to star in campaigns for Dolce & Gabanna, Valentino, Ralph Lauren, and Versace, and walk the catwalk for Marc Jacobs, Michael Kors, Christian Dior, more big brands all within three years.

Throughout the early 2000s, Gisele's career continued to flourish. She appeared on a whopping 37 international Vogue covers, including three for the US version of the outlet, and she also posed for W, Allure, GQ, Forbes, Marie Claire, Time, Vanity Fair, Rolling Stone, and Eqsuire. 

On top of that, the model also signed a five-year contract with Victoria's Secret in 2000 for $25 million, and dove into acting - starring in the 2004 remake of the movie Taxi and appearing in the popular 2006 flick The Devil Wears Prada.

In recent years, the star had largely put her modeling career on the back burner in order to travel with Tom while he pursued NFL stardom. Even so, according to Celebrity Net Worth, she is now worth roughly $400 million from all her endeavors 

As for Tom, originally from California, he graduated from the University of Michigan in 1999, and was drafted by the New England Patriots in 2000, signing a $860,000 three-year contract at the time, according to SportingNews.com. He became the team's starting quarterback during his second season, which saw the Patriots win their first Super Bowl. 

In 2002, he re-signed with team in a $30.5 million five-year contract, and in 2005, he signed another six-year contract with the Patriots worth $60 million. 

In 2006, while Gisele's work as a model was coming in fast and Tom was soaring in the NFL, the two started dating after they were set up on a blind date by a mutual friend; and neither of their careers slowed down once they got together.

Celebrity Net Worth reported that Tom makes $30 million annually from the NFL, and that his total net worth is around $250 million, while a conflicting report from Spotrac stated that his net worth is closer to $333 million

The former couple got married in 2009 during an intimate ceremony in Santa Monica, California, before they jetted off to Costa Rica to celebrate with a lavish party attended by a slew of famous faces. 

One year into their romance, Forbes named Gisele as the World's Richest Supermodel - and she held the title for 14 consecutive years after that. 

She launched her own line of flip-flop line with Ipanema in 2010, and it was reported at the time that she sold more than 250 million pairs - earning her an estimated $197 million.

She also started her own eco-friendly skin care line, called Sejaa Pure Skincare, and in 2013, she became the face of Chanel's makeup line Les Beiges - in a deal that is said to have earned her $4 million - and Pantene's ambassador.

Over the years, Gisele also released a memoir, called Lessons: My Path to a Meaningful Life, in 2018, which landed a spot on the New York Times bestseller list.

In recent years, the star had largely put her modeling career on the back burner in order to travel with Tom while he pursued NFL stardom. Even so, according to Celebrity Net Worth, she is now worth roughly $400 million from all her endeavors.

As for Tom, he lead the Patriots to 17 division titles, 13 AFC Championship Games, nine Super Bowl appearances, and six Super Bowl wins during his 19 seasons with the team

The football pro now holds nearly every major quarterback record including passing yards, completions, touchdown passes, and games started; he is also the NFL leader in: career quarterback wins, quarterback regular season wins, quarterback playoff wins, and Super Bowl MVP awards.  

Tom switched to the Tampa Bay Buccaneers in 2020, signing a $25 million one year contract with them, followed by a $41 million contract with them in 2021, and an $8.9 million contract with them for the 2022 season; he helped the Florida team win the Super Bowl in 2021.

Forbes reported earlier this year that Tom has earned $52 million in endorsement deals. He also owns a lifestyle brand called TB12, which reportedly gives him $20.3 million per year, an NFT company called Autograph, and a production company called 199 Productions. 

On top of all that, Tom landed a broadcasting deal with Fox Sports back in May, which will reportedly make him $375 million of a span of 10 years. 

Spotrac reported that he is set to make $30 million this year from his work in the NFL, and that his total net worth is around $333 million.

Tom and Gisele's expansive property portfolio: A look at their stunning four mansions, including $17 million estate in Miami that was in the midst of being rebuilt 

Together, the former couple own numerous properties across the country - including a lavish estate in Yellowstone, Montana, and a stunning home in Costa Rica. The Yellowstone Club near their home is seen left while the Costa Rica home is seen right

They also own a $3.6 million apartment in New York City a $17 million mansion located on Miami's Indian Creek Island. The building in which their NYC condo is located in is seen above

Not much is known about their Tribeca apartment. The pair originally owned two units in the building, but they reportedly sold one - a five-bedroom apartment (seen) with a 1,900-square-foot terrace - for $37 million in early 2021, and kept the other

Together, the former couple own numerous properties across the country - including a $3.6 million apartment in New York City, a $17 million mansion located on Miami's Indian Creek Island, a lavish estate in Yellowstone, Montana, that's reportedly worth $5.7 million, and a stunning home in Costa Rica.

Two years before going their separate ways, Tom and Gisele purchased a 5,772-square-foot home on Indian Creek Island, and tore it down - with plans to build a state-of-the-art, eco-friendly mansion in its place, forking out an additional $10.12 million in construction costs.

The island - less than half a square mile in size and only accessible by a single, guarded bridge - has been a magnet for billionaires, celebrities, and power couples who've sought it out because it its privacy and security, as it is protected by a private police force that patrols the community around-the-clock by foot, sky, and land.

The 300-acre island is occupied by just 34 lots with a median value of $20million, according to reports. Nestled along Biscayne Bay, it's considered one of the safest and wealthiest enclaves in the nation. 

Each home on Indian Creek is built around the perimeter of the island to ensure all residents have a waterfront view. An exclusive country club - complete with a golf course - sits in the middle of the community. 

Two years before going their separate ways, Tom and Gisele had purchased the 5,772-square-foot home in Miami, and tore it down - with plans to build a state-of-the-art, eco-friendly mansion in its place

The island - less than half a square mile in size and only accessible by a single, guarded bridge - has been a magnet for billionaires, celebrities, and power couples who've sought it out because it its privacy and security

The house was meant to be the family's forever home, and once construction was complete, they were going to be neighbors with Jared Kushner and Ivanka Trump, hotel magnate Jeffrey Soffer, and billionaire investor Carl Icahn

It's unclear what's going to come of the home now, but construction has not been halted amid the split, as DailyMail.com obtained exclusive photos that showed workers continuing to work on the mega mansion last month

The house was meant to be the family's forever home, and once construction was complete, they were going to be neighbors with Jared Kushner and Ivanka Trump, hotel magnate Jeffrey Soffer, and billionaire investor Carl Icahn.

It's unclear what's going to come of the home now, but construction has not been halted amid the split, as DailyMail.com obtained exclusive photos that showed workers continuing to work on the mega mansion last month.

The 1.8-acre property encompasses three buildings - a main house, a security post, and a gym. Floor plans of the main home obtained by the Post show that it will span across an enormous 17,000-square-feet, and include five bedrooms and 11 bathrooms, along with an elevator, a movie theatre, and a guest suite. 

It is also set to ironically include his-and-hers bathroom suites, which may never get to be used by both, as well as an organic garden, a pickleball court, yoga terrace, and three kitchens - a prep kitchen, main kitchen, and outdoor kitchen.

And while it is not known who will take ownership of Tom and Gisele's many properties, it recently came to light that Gisele had purchased a home (pictured) on her own back in February

According to records obtained by the Post , she quietly bought a 1,540-square-foot, three-bedroom, three-bathroom house near Miami Beach for $1.25 million via an LLC. Two of the bedrooms are seen above

The 'art deco-style cottage' boasts an open kitchen with a marble island and breakfast bar

It also has a sprawling living room with a brick fireplace, wooden floors, and numerous windows that allow the Florida sun to flood the room

The master bathroom contains a glass-contained shower with its own bench and an all-white duel vanity

Outside, there's a spacious outdoor patio, and large back yard; she reportedly requested permission to remodel the property over the summer

As for their Manhattan condo, located at 70 Vestry Street in Tribeca, not much is known about it. The pair originally owned two units in the building, but they reportedly sold one - a five-bedroom apartment with a 1,900-square-foot terrace - for $37 million in early 2021, and kept the other, which is said to be slightly smaller.

And while it is not known who will take ownership of Tom and Gisele's many properties, it recently came to light that Gisele had purchased a home on her own back in February.

According to records obtained by the Post, she quietly bought a 1,540-square-foot, three-bedroom, three-bathroom house near Miami Beach for $1.25 million via an LLC.

The 'art deco-style cottage' boasts an open kitchen with a marble island and breakfast bar, as well a sprawling living room, spacious outdoor patio, and large back yard. She reportedly requested permission to remodel the property over the summer.  

The fate of Tom and Gisele's two children: Florida law used to favor mothers in custody hearings but is now dedicated to ending 'bias against gender' 

Together, Tom and Gisele welcomed two children over the years - Benjamin Brady, now 12, and Vivian Lake Brady, now nine - so who will get custody of the kids? 

Together, Tom and Gisele welcomed two children over the years - Benjamin Brady, now 12, and Vivian Lake Brady, now nine - so who will get custody of the kids? 

For many years, Florida used something known as the 'tender years' doctrine, which is a belief that the mother should have custody of her children. But in 2020, the state replaced the doctrine with a new law that said children must have 'frequent and continuing contact' with both parents

For many years, Florida used something known as the 'tender years' doctrine, which is a belief that the mother should have custody of her children during their 'tender years.' 

This resulted in 91 per cent of custody cases favoring the mother.

However, in 2020, the state replaced the doctrine with a new law that said children must have 'frequent and continuing contact' with both parents.

'The 2020 law is not biased against any gender, nor does it recommend any specific timesharing schedule for the mother or father when awarding child custody,' Donna Hung Law reported.

'In fact, Florida’s state law prohibits any form of gender bias in custody cases. Also, it has become challenging for one parent to be awarded sole custody.'

FLDivorce.com also reported that a number of things are considered during a Florida custody hearing, including, 'Which parent is able to promote a better relationship between the child and noncustodial parent, the amount of time each parent spent with the child prior to the divorce, the amount of time each parent will be able to spend with the child after the divorce, where each parent will live and how that will affect the child’s development, any special needs or care the child may need, and the ability of each parent to provide that to the child, and what is in the general best interest of the child.'

Throughout their 13-year-long marriage, Gisele took on the stepmom role to Tom's son from his previous marriage to Bridget Moynahan, now-15-year-old John Edward Thomas Moynahan, and was often seen spending time with the teen; but since he was never legally adopted by Gisele and has no blood relation to her, he is not involved in the custody case.



This post first appeared on Bluzz, please read the originial post: here

Share the post

Tom Brady and Gisele's charitable foundation gave away just 0.08 PER CENT of their $700m fortune

×

Subscribe to Bluzz

Get updates delivered right to your inbox!

Thank you for your subscription

×