Bella Hadid has been named as the new face of Swarovski jewellery meaning the Palestinian-American model can add another high-profile brand to her already impressive list of contracts.
While both parties are remaining tight lipped on how much money the deal is worth, as a famous face with 51.8 million Instagram followers, it is sure to be worth a pretty penny..
Despite the age-old cliche of modelling being a "brainless" pastime, in reality, it can be very lucrative with big-name models regularly picking up six-figure sums to head up a brand, resulting in net earnings that run into tens of millions of dollars. To give an idea of how much the top models actually earn, here are the five who earned the most over the past 12 months.
5. Gigi Hadid, $9 million
Bella's older sister Gigi has an estimated personal wealth of $29m, and has earned her money from fashion shows, a Maybelline campaign and being a Victoria’s Secret Angel, a gig that pulled in up to $1m per year.
Gigi has graced multiple magazine covers, and is go-to in the industry. In 2016, she was named International Model of the Year by the British Fashion Council, and has since gone on to work with Guess, Tom Ford, Balmain, Missoni, Moschino and Isabel Marant.
That same year she collaborated on a clothing line with Tommy Hilfiger, and last month announced that her own clothing line will be unveiled soon. She is also taking on television work, and later this year will be co-host on Queer Eye. She is estimated to have earned $9m in 2021.
4. Rosie Huntington-Whiteley, $9 million
The British model has an estimated fortune of $30m, built up from modelling and her long-running lingerie line with Marks & Spencers. The partnership has now expanded to cover perfume and swimwear.
While pregnant with her first child, Huntington-Whiteley also launched her own beauty line called Rose Inc, meaning that in addition to modelling for names such as Ralph Lauren and Bloomingdales, she is thought to earn in the region of $9m per year.
3. Cara Delevingne, $19 million
The English model-turned-actress is a wealthy woman with more than $37m in the bank. Since signing with Storm Management in 2009, Delevingne has worked with many high-profile brands, including Chanel, Dolce & Gabbana, Fendi, and Louis Vuitton, and was named Model of the Year at the British Fashion Awards in 2012 and 2014.
In 2012, she branched out into acting, and has appeared in Suicide Squad and Valerian, among others. While Delevingne is more focused on acting than modelling these days, contracts with Tag Heuer, Burberry and YSL Beauty mean her earnings last year were more than $19m.
2. Adriana Lima, $30 million
The Brazilian model is thought to be worth $95m, with much of that coming from her long-running contract with Victoria’s Secret, between 1999 and 2018.
In 2015 and 2016, she was named by Forbes as the second-highest-paid model, much of which came from being ambassador to Puma, Maybelline, and IWC watches. In the past year, Lima earned just short of $30m.
1. Kendall Jenner, $40 million
Although born into a wealthy family, Jenner, 26, has now earned more than enough on her own, and is worth a rumoured $45m. In 2018, Forbes first named her the "world's highest-paid supermodel," citing earnings that year alone of $22.5m, a status not damaged by the disastrous Pepsi ad the year before, that was so slammed, the company withdrew it.
As famous off the runway as on it, much of Jenner’s fortune has come from endorsements such as Marc Jacobs, Fendi and Estee Lauder, and, of course, her social media posts. With more than 200 million followers, Jenner charges up to $700,000 per post. In the past year, she has earned a reported $40m, making her the highest-paid model for the third year running.
LAST-16 EUROPA LEAGUE FIXTURES
Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
Inter Milan v Getafe (one leg only) 11pm
Manchester United (5) v LASK (0) 11pm
Thursday
Bayer Leverkusen (3) v Rangers (1) 8.55pm
Sevilla v Roma (one leg only) 8.55pm
FC Basel (3) v Eintracht Frankfurt (0) 11pm
Wolves (1) Olympiakos (1) 11pm
At a glance - Zayed Sustainability Prize 2020
Launched: 2008
Categories: Health, energy, water, food, global high schools
Prize: Dh2.2 million (Dh360,000 for global high schools category)
Winners’ announcement: Monday, January 13
Impact in numbers
335 million people positively impacted by projects
430,000 jobs created
10 million people given access to clean and affordable drinking water
50 million homes powered by renewable energy
6.5 billion litres of water saved
26 million school children given solar lighting
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)
Date started: August 2021
Founder: Nour Sabri
Based: Dubai, UAE
Sector: E-commerce / Marketplace
Size: Two employees
Funding stage: Seed investment
Initial investment: $200,000
Investors: Amr Manaa (director, PwC Middle East)
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
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TEST SQUADS
Bangladesh: Mushfiqur Rahim (captain), Tamim Iqbal, Soumya Sarkar, Imrul Kayes, Liton Das, Shakib Al Hasan, Mominul Haque, Nasir Hossain, Sabbir Rahman, Mehedi Hasan, Shafiul Islam, Taijul Islam, Mustafizur Rahman and Taskin Ahmed.
Australia: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Pat Cummins, Peter Handscomb, Matthew Wade, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Glenn Maxwell, Matt Renshaw, Mitchell Swepson and Jackson Bird.
MATCH INFO
Rugby World Cup (all times UAE)
Final: England v South Africa, Saturday, 1pm
2024%20Dubai%20Marathon%20Results
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
HERO%20CUP%20TEAMS
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Sunday's games
Liverpool v West Ham United, 4.30pm (UAE)
Southampton v Burnley, 4.30pm
Arsenal v Manchester City, 7pm
Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books
HOW DO SIM CARD SCAMS WORK?
Sim swap frauds are a form of identity theft.
They involve criminals conning mobile phone operators into issuing them with replacement Sim cards, often by claiming their phone has been lost or stolen
They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.
The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.
England v South Africa Test series:
First Test: at Lord's, England won by 211 runs
Second Test: at Trent Bridge, South Africa won by 340 runs
Third Test: at The Oval, July 27-31
Fourth Test: at Old Trafford, August 4-8
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
ABU DHABI T10: DAY TWO
Bangla Tigers v Deccan Gladiators (3.30pm)
Delhi Bulls v Karnataka Tuskers (5.45pm)
Northern Warriors v Qalandars (8.00pm)
more from Janine di Giovanni
The Gandhi Murder
- 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
- 34 - Nationalities featured in the film The Gandhi Murder
- 7 - million dollars, the film's budget
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”