AceShowbiz - After 15 years, a new model is taking the top spot on Forbes' annual list of the world's highest-paid models. %cKendall Jenner% has been named the world's highest-paid model of 2017 by the magazine with earnings of $22 million, beating out %cGisele 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 %cKylie 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, %cChrissy Teigen%, who announced Tuesday, November 21 that she's pregnant with her second child with husband %cJohn 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 %cAdriana Lima% who takes the fourth place with $10.5 million, %cGigi Hadid% and %cRosie Huntington-Whiteley% who tie at No. 5 with $9.5 million each, %cKarlie Kloss% who places seventh with $9 million, %cLiu Wen% who takes the No. 8 spot with $6.5 million, %cBella Hadid% who comes in No. 9 with $6 million and %cAshley 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."