Tom Brady and his x-wife Gisele Bundchen are at risk of losing $650 million if crypto exchange FTX goes completely bankrupt. Tom and Gisele apparently invested $650 million in the FTX company.
Tom Brady still has a three-year contract. Tom is getting paid $75 million this year which includes $45 million in endorsements. Brady makes a total of $120 million in endorsements.
Losing $650 million will be a capital loss which can be used to offset future capital gains.
Gisele is making money from perfume and fashion brands.
Softbank is another loser as they invested $400 million in the Jan 2022 funding round.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
