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Top 3 of The World Highest Paid Models

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.

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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. rs_634x1024-150504144316-634.gisele-bundchen-chanel-south-korea-050415

Gisele Bundchen launched her very own lingerie collection, for Brazilian company Hope, which she premiered on the catwalk in Sao Paulo, Brazil.  Pictured: Gisele Bundchen Ref: SPL278021  130511   Picture by: Photo Rio News / Splash News Splash News and Pictures Los Angeles:310-821-2666 New York:	212-619-2666 London:	870-934-2666 photodesk@splashnews.com

Gisele Bundchen launched her very own lingerie collection, for Brazilian company Hope, which she premiered on the catwalk in Sao Paulo, Brazil.

Gisele-Bundchen-Givenchy-Spring-2012-runwayGisele 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.

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  2-Brazilian Adriana Lima who is No. 2, with $10.5 million,is the longest-running Angel in Victoria’s Secret history. She clocked her largest ever annual paycheck this year from her contract with the L Brands-owned lingerie giant, Maybelline and IWC watches, among others.Adriana-Lima-Billboard-Latin-Music-Awards-2

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 Together, the world’s 20 highest-paid models boast close to 200 million Instagram followers combined!
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3-Kendall Jenner: The biggest gainer year over year is third-ranked Jenner, whose earnings increased 150% to $10 million in 2016. She has leveraged her huge social presence of 64.4 million Instagram followers—more than anyone else on the list—into million dollar deals with the likes of Estée Lauder and Calvin Klein, who likely see her social platforms as a new media buy.

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“Our business has changed,” says Chris Gay, President of The SocietyManagement, which represents Jenner. ”These models [have] become more and more influential because they are the conduits of media–not only somebody who can be the face of the campaign but a powerful means to distribute it.”

Smart of her to leverage this and make money out of it. I mean I would!

What to you think? 64 million followers is mind boggling and a gold mine for anyone lucky enough to get that. Let’s hear you.

 

Source: forbes.com