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. 

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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.

'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.

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.