Alessandra Ambrosio sizzles in red hot bikini alongside hunky businessman Alexander Smurfit as they enjoy a swim in Ibiza - amid split rumors with Richard Lee

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Alessandra Ambrosio was seen enjoying a sunny day in Ibiza in the company of hunky businessman Alexander Smurfit over the weekend.

The Brazilian beauty, 43, showed off her incredible figure in a two-piece red bikini while soaking in the sun alongside multi-millionaire Irish businessman Sir Michael Smurfit's son, 39. 

The supermodel — who has reportedly split from boyfriend Richard Lee —  and Alexander cooled down as they went in for a swim in the ocean. 

Her fiery bikini put her chiseled abs on display and featured cheeky thong bottoms.  

The former Victoria's Secret Angel accessorized her red hot look with a layer of necklaces and bracelets. She shielded her eyes with a pair of brown-tinted sunglasses. 

Alessandra Ambrosio, 43, was seen enjoying a sunny day in Ibiza in the company of hunky businessman Alexander Smurfit, 39, over the weekend

Alessandra Ambrosio, 43, was seen enjoying a sunny day in Ibiza in the company of hunky businessman Alexander Smurfit, 39, over the weekend

The Brazilian beauty showed off her incredible figure in a two-piece red bikini while soaking in the sun alongside multi-millionaire Irish businessman Sir Michael Smurfit's son

The Brazilian beauty showed off her incredible figure in a two-piece red bikini while soaking in the sun alongside multi-millionaire Irish businessman Sir Michael Smurfit's son

Alexander is an Irish businessman from Monaco. His father Michael is a leading figure in the global packaging industry, with a reported net worth of $400 million

Alexander is an Irish businessman from Monaco. His father Michael is a leading figure in the global packaging industry, with a reported net worth of $400 million

She sizzled up a storm in the skimpy two-piece
She sizzled up a storm in the skimpy two-piece

She sizzled up a storm in the skimpy two-piece

Meanwhile Alexander was shirtless for the adventure as he showed off his impressive muscled form in just a pair of light striped pink swim trunks. 

Alexander is an Irish businessman from Monaco. 

His father Michael is a leading figure in the global packaging industry, with a reported net worth of $400 million. 

After enjoying a swim, Alexander was pictured extending a hand to Alessandra to help her out of the water. 

Later on the duo were spotted chatting it up on the dock. 

It comes following rumors that she split from boyfriend Lee. 

In September of last year a source told DailyMail.com she was on a 'break' from her partner and that 'they have not been spending much time together this summer.' 

'She has been with pals and kids, and he has been working so they have drifted apart and have not been dating for a while.'

The insider added that there is a chance they may get back together.

Alessandra showed off her incredible figure

Alessandra showed off her incredible figure 

The supermodel ¿ who has reportedly split from boyfriend Richard Lee ¿ and Alexander cooled down as they went in for a swim in the ocean

The supermodel — who has reportedly split from boyfriend Richard Lee — and Alexander cooled down as they went in for a swim in the ocean

At one point Michael was seen holding Alessandra's arm

At one point Michael was seen holding Alessandra's arm

They chatted it up on the dock

They chatted it up on the dock

Ever the gentleman, he extended his hand to help Alessandra out of the water

Ever the gentleman, he extended his hand to help Alessandra out of the water

She accepted the helping hand

She accepted the helping hand 

Her fiery bikini put her chiseled abs on display and featured a cheeky thong bottom
She matched her swimsuit with her red nail polish

Her fiery bikini put her chiseled abs on display and featured a cheeky thong bottom

Alessandra appeared to have a blast on the getaway

Alessandra appeared to have a blast on the getaway 

The brunette beauty looked every inch the water siren
She stretched out on the dock

The brunette beauty looked every inch the water siren 

Alexander was shirtless for the adventure
He showed off his impressive muscled form in just a pair of light striped pink swim trunks

Alexander was shirtless for the adventure as he showed off his impressive muscled form in just a pair of light striped pink swim trunks

The mother-of-two adjusted her swimsuit while chatting with Alexander

The mother-of-two adjusted her swimsuit while chatting with Alexander

After enjoying a swim together the duo made their way back to shore

After enjoying a swim together the duo made their way back to shore 

She wore a gold ankle bracelet

She wore a gold ankle bracelet  

They walked side-by-side

They walked side-by-side 

'She has always been really fond of him so maybe they will work it out, but who knows?' it was added. 'They have been apart for months now, so it's not likely.'

They later were seen together in October, sparking speculation they reignited as they enjoyed some PDA while out on a walk in New York.

The status of their relationship is currently unknown, as the duo seemingly haven't been seen together since.

Prior to that the last time Alessandra and Richard were photographed together was in mid June 2023 in Santa Monica, California as they were on the beach together playing volleyball.

The last time he appeared on her Instagram page was in January when they were in Utah.

And the last time she was on his Instagram page was in January as well.

They were on vacation at the Montage Deer Valley ski resort in Park City with her family.

Alessandra and Richard started dating in January 2021.

The star has two children - Anja and Noah - with her ex Jamie Mazur whom she split from in 2018 after 10 years together.

It comes following rumors that she split from Lee. In September of last year a source told DailyMail.com she was on a 'break' from her partner and that 'they have not been spending much time together this summer'; Seen together in Instagram snap

It comes following rumors that she split from Lee. In September of last year a source told DailyMail.com she was on a 'break' from her partner and that 'they have not been spending much time together this summer'; Seen together in Instagram snap 

She was also romantically linked to Nicol Oddi from 2018 until 2020.

Alessandra - born Alessandra Corine Ambrósio - is a Brazilian model.

She is known for her work with Victoria's Secret and was chosen as the first spokesmodel for the company's PINK line.

She was a Victoria's Secret Angel from 2004 to 2017 and has modeled for fashion houses such as Christian Dior, Armani, Ralph Lauren, and Next.