AceShowbiz - After 15 years, a new model is taking the top spot on Forbes' annual list of the world's highest-paid models. Kendall Jenner has been named the world's highest-paid model of 2017 by the magazine with earnings of $22 million, beating out Gisele Bundchen who's been holding the title since 2002.
Kendall is taking the top spot after having just made it to the list in 2015. Her earnings of $22 million over the past 12 months have more than doubled from last year's $10 million, thanks to her multi-million dollar contract with La Perla as well as major deals with Adidas, Topshop and PacSun among others.
Also contributing to the 22-year-old model's income are her family's E! reality TV show "Keeping Up with the Kardashians" and clothing line with sister Kylie Jenner as well as the many fashion endorsement deals that include social media endorsements aimed at her more than 80 million Instagram followers.
Dropping to the runner-up spot, Gisele still earns an impressive $17.5 million. Meanwhile, Chrissy Teigen, who announced Tuesday, November 21 that she's pregnant with her second child with husband John Legend, makes her debut on the list, landing in the third place with earnings of $13.5 million.
Rounding out the top ten on the list are Adriana Lima who takes the fourth place with $10.5 million, Gigi Hadid and Rosie Huntington-Whiteley who tie at No. 5 with $9.5 million each, Karlie Kloss who places seventh with $9 million, Liu Wen who takes the No. 8 spot with $6.5 million, Bella Hadid who comes in No. 9 with $6 million and Ashley Graham who places tenth with $5.5 million.
Bella, who is 21 years old, is the youngest model on the list, which is calculated "between June 1, 2016 and June 1, 2017, before taxes and fees."