Gisele B¼ndchen is the world’s highest paid model, and “to stay that way she is insisting that she be paid in almost any currency but the U.S. dollar.” Patrcia B¼ndchen, the model’s twin sister and manager, said in September: “Contracts starting now are more attractive in euros because we don’t know what will happen to the dollar.” The dollar has fallen 34 percent since 2001, but forecasters say it will weaken even more as U.S. home sales fall and the Federal Reserve cuts interest rates.
UPDATE: CNBC reports that Anne Nelson, another one of Gisele’s managers, says the story is false. “Some idiot in Brazil reported something just to make news,” she said.
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