All of Kendall Jenner, Gigi Hadid and Cara Delevingne’s $125K to $300K sponsored Instagram posts have, unsurprisingly, paid off. Today, Forbes released its list of the world’s highest-paid models and while Gisele Bündchen managed to retain her top spot even in catwalk retirement, earning $30.5 million, Kendall Jenner, who occupied the number 16 spot just last year, made a dramatic leap to third place. The Vogue cover girl banked $10 million — that’s a 150 percent increase from last year’s paltry $4 million. Meanwhile, Kenny’s style twin Gigi made her Forbes debut in fifth place, earning a cool $9 million.
The reality star turned model could likely pull a Gisele and bring home the figurative bacon without walking in a single runway show (besides Victoria’s Secret) thanks to her huge social following. She’s used her 64.4 million Instagram followers — more than any other model on the list — to land million dollar contracts with brands like Estée Lauder and Calvin Klein. (And Kendall’s barely on Keeping Up With the Kardashians anymore, so you know it’s not E! that’s signing her checks.)
“Our business has changed,” Chris Gay, President of The Society Management, which represents Jenner, told Forbes. ”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.”
Instagram followers equate to higher paychecks for models; Image: Forbes
The influx of Insta-cash and breakout models like Lily Aldridge, Jasmine Tookes and 20-year-old Taylor Hill, all of whom have contracts with erstwhile swimwear retailer Victoria’s Secret, shook up this year’s list — nearly a third of the qualifiers are new. While veteran Forbes listmakers Martha Hunt and Josephine Skriver are noticeably absent from this year’s list, 30 percent of the women featured are Angels. No surprise, given the size of their lingerie deals.
While the boys vs. girls pay issue gets turned on its head in the modeling world — Forbes doesn’t even bother making a male model earnings list, since the guys rarely break $1.5 million — the trend of exclusion holds strong. Joan Smalls, Jasmine Tookes and Liu Wen were the only models of color to make the list, with nary an aged, transgender or plus-size model in sight. (Even our beloved Ashley Graham, with her America’s Next Top Model-lined pockets, couldn’t manage a seat at the baller’s table.) Even if the industry’s top earnings aren’t making their big bucks on the catwalks (cosmetics and fragrance deals account for most of their earnings), they still, for the most part, conform to the established runway ideal: white, straight-sized, cisgender. (For more on the fraught issue of runway diversity, you may consult our season-by-season breakdowns.) Two thumbs up for Kendall, Gigi and the rest, two thumbs way down for the systemic lack of inclusion that compromises the hustle of their equally talented peers.
See Forbes‘s full list of the top-earning models of 2016 below:
- Gisele Bündchen ($30.5 million)
- Adriana Lima ($10.5 million)
- Karlie Kloss ($10 million)
- Kendall Jenner ($10 million)
- Rosie Huntington-Whiteley ($9 million)
- Gigi Hadid ($9 million)
- Cara Delevingne ($8.5 million)
- Candice Swanepoel ($7 million)
- Liu Wen ($7 million)
- Miranda Kerr ($6 million)
- Lara Stone ($5.5 million)
- Natalia Vodianova ($5.5 million)
- Kate Moss ($5 million)
- Alessandra Ambrosio ($5 million)
- Doutzen Kroes ($5 million)
- Joan Smalls ($4.5 million)
- Lily Aldridge ($4 million)
- Taylor Hill ($4 million)
- Barbara Palvin ($4 million)
- Jasmine Tookes ($4 million)
[ via Forbes ]