Gisele Bundchen holds top spot in Forbes model list, Kendall Jenner in third

The model lands at the top of Forbes magazine's highest paid models list.

UNITED STATES (Reuters) - Brazilian supermodel Gisele Bundchen remained the highest-paid female model in the world with annual income of US$30.5 million (S$41.6 million), while Kardashian clan member Kendall Jenner more than doubled her earnings, according to Forbes' 2016 list on Tuesday.

Jenner, the 20-year-old member of reality TV's Kardashian family, tied for third, up from 16th the prior year, and she was the biggest gainer on the 2016 list. Her salary increased from US$4 million in 2015 to US$10 million in 2016 in part due to partnerships with Estee Lauder and Calvin Klein, Forbes said.

Illinois native Karlie Kloss, 24, was also ranked third and doubled her income to US$10 million. The magazine said Kloss had more campaigns than any other model on the list.

Bundchen, 35, has made more money than any other model since 2002 and continues to collect top dollar from endorsement deals with Chanel, Carolina Herrera and Pantene.

Coming in second with US$10.5 million was fellow Brazilian Adriana Lima. The longtime Victoria's Secret model works with Maybelline and IWC watches.

The highest-ranked of six newcomers on the list was Gigi Hadid at fifth. Hadid has more than 22 million fans on Instagram, and Forbes said brands like Maybelline and Tommy Hilfiger are eager to reach her audience.

The 20 models earned a combined US$150 million between June 1, 2015 and June 1, 2016. The results included income from cosmetics, fragrance and other contracts and were based on interviews with managers, agents and brand executives.