GISELE BUNDCHEN has topped the list of highest-earning models for the seventh year running. According to Forbes magazine, the supermodel is worth $42 million (£27 million) - thanks to lucrative endorsement deals with H&M, Chanel, Pantene and David Yurman, as well as a stake in Brazilian footwear company Grendene and her own, increasingly profitable, lingerie label. And it doesn't look as though anyone will overtake her any time soon, so large is the gap between her earnings and those of the second-placed Miranda Kerr. The Australian model is worth an estimated $7.2 million (£4.6 million) - thanks in large part to her Kora Organics beauty line, as well as deals with Qantas, David Jones and Mango - which while undeniably impressive, is almost seven times less that of Bundchen. Two new names to feature in the top ten list this year are Liu Wen (5th place) and Joan Smalls (8th). Wen was the first Chinese model to walk in the Victoria's Secret Fashion Show last year and is the face of Calvin Klein, Hugo Boss and Estée Lauder. Puerto Rican model Smalls was the first Latina ambassador for Estée Lauder and has also racked up impressive endorsement contracts with Givenchy, Fendi, Prabal Gurung and H&M. Interestingly, eight out of the top 10 models are all either currently Victoria's Secret Angels or have modelled for the lingerie label in the past - showing that the brand's international exposure still remains hugely profitable for its model cast. And as for next year? Forbes predicts that Karlie Kloss and Kate Upton could make their top 10 debut for 2014, while VS regulars Doutzen Kroes and Alessandra Ambrosio - who both dropped off the list this year - are equally likely to make a comeback. As for that number one spot though? That crown belongs to Bundchen for the foreseeable future. via PIcturez Magazine
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