By Tim Saunders on
Supermodel Gisele Bundchen is selling off some of her best jewelry for charity.
The 28-year-old Brazilian model – listed in the Guinness Book of Records as the world’s richest supermodel – has announced she will be selling a personal collection of dazzling bling in a special auction at Christie’s New York next month.
The collection features a 6-carat diamond ring worth $120,000 – $150,000, and a 3.35-carat Sabbadini diamond ring worth $15,000 – $20,000. A percentage of the proceeds from the auction will go to Russell Simmons' Diamond Empowerment Fund, whose mission is to raise money to support education initiatives in countries where diamonds are a natural resource.
Bundchen is no stranger to philanthropic acts – she donates regularly to Brazilian charities that protect the Amazon rainforest, such as Nascentes do Brasil, ISA, Y Ikatu Xingu, and De Olho nos Mananciais. She is also the face of Bono's American Express (RED) card – which raises money for Africa’s HIV/AIDS victims – and is the spokesperson for Fashion Targets Breast Cancer.
The auction takes place on October 15, and the lots can be viewed on Christie’s website.
Copyright © 2008 Look to the Stars
