If it weren't already established, last month solidified it: the Hadid sisters have taken over the fashion world. But how, exactly, did Gigi and Bella become the biggest supermodels of their generation? Let’s dive in.
Model childhood
Modelling has always been in the Hadid sisters’ genes — their mother is Dutch-American former model Yolanda Hadid.
Jelena Noura "Gigi", 27, started her modelling career at the age of 2, when she was discovered by Paul Marciano, co-founder of Guess. Throughout her childhood, she starred in several campaigns for Baby Guess, before taking a hiatus from modelling for school.
She returned to modelling in 2013, signing with international agency IMG Models. She made her runway debut the next year, walking for Desigual.
Bella, 25, found her way into modelling a little later, at the age of 16. She was an accomplished equestrian throughout her teenage years, with dreams of taking part in the 2016 Summer Olympics.
Her first modelling job was a commercial project for Flynn Skye in 2012.
Reality TV beginnings
The Hadid sisters had also become known for life away from catalogues and runways from a young age, thanks to their mother’s role on popular reality television series The Real Housewives of Beverly Hills.
The show often showed snippets of the sisters’ home lives and the start of their modelling careers, helped along by their parents (their father is Palestinian-Jordanian property tycoon Mohamed Hadid). The pair appeared in seasons three to six, although Gigi has spoken in the past of her efforts to avoid appearing on the show.
“That wasn't my life or a part of my growing up. My mom wasn't on TV until I was a senior in high school, so I was just on my way out of the house," she said in an interview with InStyle.
"But it was weird for me. I would come home from school and there would be production trucks outside. I would scale the staircase to my room so I wouldn't have to go say hi to my mom in the kitchen."
Scroll through the gallery below for Gigi Hadid's style evolution
Bella, however, has spoken of the experience in a different manner.
"Being on the show wasn't me trying to get famous," she told Elle of her cameos. "It was just trying to make my mom happy."
The show helped to cement their positions among Los Angeles' new generation of “it girls”, alongside fellow A-list offspring including Kendall Jenner, Hailey Bieber and Miley Cyrus.
It wasn't long before the sisters' ever-growing number of Instagram followers helped fashion brands to see their reach, and their modelling careers started to grow at the same break-neck speed.
Gigi credits Carine Roitfeld for giving her her “big break” in 2014, when she put her on the cover of CR Fashion Book. Soon after, she landed her first Tom Ford campaign and became a regular fixture at New York Fashion Week.
Bella made her New York Fashion Week debut in the autumn/winter season of 2014, and shortly afterwards booked her first solo fashion cover on the December issue of Jalouse.
Fashion’s elite
Fast-forward eight years, and it’s hard to pick up a magazine or watch a runway show that one of the sisters does not feature in. Gigi has 37 Vogue covers alone under her belt, while Bella has 27, appeared on her first solo US Vogue cover in April.
The sisters are among the highest-paid models of 2022, with Gigi earning an estimated $20 million, and Bella right behind her with $19m, according to Forbes.
Between them, they have walked for almost every major fashion house in existence, and have fronted several beauty campaigns.
Viral moments
Bella was central to perhaps one of the most-talked-about moments in fashion this year, closing the Coperni show at Paris Fashion Week.
Members of team Coperni sprayed a dress onto her using a patented spray-on fabric developed by London-based company Fabrican. Nine minutes later, Hadid was sporting a very real, white off-the-shoulder pencil dress, which looked as if it could have been cut from silk.
She also sported a double Mohawk for Thom Browne in Paris, was a purple bride for Versace in Milan, and enjoyed a sisterly moment alongside Gigi at the Victoria Beckham show in Paris.
Gigi also made several headlines this fashion month, not least for shutting down Kanye West over his comments to Vogue editor Gabriella Karefa-Johnson. Hadid called the rapper a bully for his public criticism of the writer, after she critiqued his Paris Fashion Week show.
Gigi also featured on the runways of Stella McCartney, Chloe, Isabel Marant and Givenchy in Paris.
One has to wonder what's next from here.
RESULTS
6.30pm: Emirates Holidays Maiden (TB) Dh 82,500 (Dirt) 1,900m
Winner: Lady Snazz, Richard Mullen (jockey), Satish Seemar (trainer).
7.05pm: Arabian Adventures Maiden (TB) Dh 82,500 (D) 1,200m
Winner: Zhou Storm, Connor Beasley, Ali Rashid Al Raihe.
7.40pm: Emirates Skywards Handicap (TB) Dh 82,500 (D) 1,200m
Winner: Rich And Famous, Royston Ffrench, Salem bin Ghadayer.
8.15pm: Emirates Airline Conditions (TB) Dh 120,000 (D) 1,400m
Winner: Rio Angie, Sam Hitchcock, Doug Watson.
8.50pm: Emirates Sky Cargo (TB) Dh 92,500 (D) 1,400m
Winner: Kinver Edge, Richard Mullen, Satish Seemar.
9.15pm: Emirates.com (TB) Dh 95,000 (D) 2,000m
Winner: Firnas, Xavier Ziani, Salem bin Ghadayer.
CREW
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ERajesh%20A%20Krishnan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ETabu%2C%20Kareena%20Kapoor%20Khan%2C%20Kriti%20Sanon%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
Global state-owned investor ranking by size
|
1.
|
United States
|
|
2.
|
China
|
|
3.
|
UAE
|
|
4.
|
Japan
|
|
5
|
Norway
|
|
6.
|
Canada
|
|
7.
|
Singapore
|
|
8.
|
Australia
|
|
9.
|
Saudi Arabia
|
|
10.
|
South Korea
|
The Cairo Statement
1: Commit to countering all types of terrorism and extremism in all their manifestations
2: Denounce violence and the rhetoric of hatred
3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC
4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.
5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.
6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security
Directed by: Craig Gillespie
Starring: Emma Stone, Emma Thompson, Joel Fry
4/5
Medicus AI
Started: 2016
Founder(s): Dr Baher Al Hakim, Dr Nadine Nehme and Makram Saleh
Based: Vienna, Austria; started in Dubai
Sector: Health Tech
Staff: 119
Funding: €7.7 million (Dh31m)
Teri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
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.”
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed