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Dollar plunge leads supermodel to demand euros.(Inside Track)(Brief article)
Supermodel Gisele Bundchen doesn't work for pennies. Literally. The Brazilian model, who rakes in a fairy princess-like $30 million per year, has informed prospective employers that she will no longer take payment for her services in the form of U.S. dollars. For Bundchen, it is strictly euros, please.
[ILLUSTRATION OMITTED]
The reason? The falling dollar. "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar," Patricia Bundchen, the model's manager and sister, told Bloomberg news. Bundchen joins others who are fleeing the falling dollar. "Like billionaire investors Warren Buffett and Bill Gross, the Brazilian supermodel, ...
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