Brazilian supermodel Gisele Bündchen confirmed that she is retiring from the runway after 20 years in the fashion industry.
According to the 34-year-old mogul, her appearance at the Sao Paulo Fashion Week last Wednesday will be her final catwalk; Bündchen made her last appearance as she walked for Colcci, a Brazilian streetwear label that she has been carrying since 2005.
The mother of two shared a post on her Instagram account with which she wrote: "I am grateful that at 14, I was given the opportunity to start this journey."
Bündchen shared that she aims to focus on her husband Tom Brady and their two children as well as on personal projects, although she emphasized that she plans to continue her work "in other facets of the business."
Prior to her last runway appearance, her sister and representative Patricia Bündchen also dropped hints that the supermodel will be taking a final break from modeling on the catwalk.
"Gisele will focus on special projects and also spending more time on her number one priority: her family," Patricia explained in an official statement.
Based on Forbes' 2014 Celebrity 100 list, Bündchen retains her rank as one of the highest-paid celebrities in the world, coming in at rank 42. The supermodel has held such title for the past eight consecutive years.
In 2014 alone, Bündchen raked in approximately $47 million, which is $16 million more than the earnings of her New England Patriots quarterback husband.
Bündchen made her debut on the runway at the New York Fashion Week in 1996. Aside from her appearances on runways, Bündchen is also representing Pantene as well as Oral-B in Brazil. She has also signed deals with Chanel, Carolina Herrera, Procter & Gamble, H&M, Versace, Louis Vuitton, Balenciaga and Alexander Wang, among others.
In 2000, the Brazilian model signed a deal with Victoria's Secret worth $25 million, spending almost seven years as an Angel.
Based on Forbes' findings regarding Bündchen's financial status, Tom Brady's wife has now pulled in approximately $386 million since 2001.
"If corrected by US inflation based on the buying power of the dollar over time, that sum goes to some $427 million," Forbes reported.
Bündchen opened up to 'Folha de Sao Paulo' newspaper about halting her appearance on runways, saying: "Automatically my body tells me if what I do is worth it, and it asked to stop. I respect my body, it's a privilege to be able to stop."
Bündchen will still continue her work in print as well as in other sectors of the fashion and beauty industry.
