Gisele Bundchen has her own line of sandals with footwear company Grendene called Ipanema Gisele Bündchen. Forbes puts her 53rd on their list of the most powerful celebrities of 2007 because of the international success of her shoe line, making the brand Ipanema the most sold Brazilian flip-flop in the world, surpassing the legendary Havaianas. Custom Ipanema flip-flops sell for as much as $230 a pair. Gisele Bundchen is also the owner of a hotel in the south of Brazil, the Palladium Executive.
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