A few weeks ago, I heard a model say, ‘We are the lowest paid models in the world!”
I have no idea if this is true, if Nigerian models earn so little, but maybe there’s something to be learnt from these top earning models on how to diversify their earnings and get on top. The world’s top 20 models earned a combination of $154M between June 1 2015-June 1 2016. This all before taxes and fees and also taking in figures from cosmetics, fragrances and the like.Ways to close the money making gaps have changed. Leveraging on Instagram and Twitter followers to make money is one way a lot of younger models are using to not only gain popularity and acceptability, (hey there, Gigi Hadid and Jenner!)but they are getting brands to notice! So although Gisele Bündchen still leads the world’s top-earning models with $30.5 million, Kendall Jenner (No. 3) and newcomer Gigi Hadid (No. 5) have risen up the ranks by turning their incredibly large Instagram followings into multi-million dollar paydays.
1-Gisele Bundchen remains number one: The 36-year-old has made more money than any other model since 2002. She banks big from lucrative fragrance and beauty deals with Chanel , Carolina Herrera and Pantene, plus advertisements for Arezzo shoes and SkyTV in her native Brazil.
Gisele Caroline Bündchen is a Brazilian fashion model and actress. Since 2004, Bündchen has been among the highest-paid models in the world, and as of 2007 was the 16th richest woman in the entertainment industry. More than a clotheshorse, her own line of lingerie and skincare help set her earnings apart.