Even models were hit by the recession, but not the women who make up the Forbes list of Top-Earning Models. The fashion industry was less likely to take financial risks in finding fresh faces, so they stuck to the reliable gang of recession-proof good-lookers.
All the obvious one-namers are on the list including Kate, Heidi and Gisele, and maybe some lesser-known names to the less fashion-obsessed, like Adriana Lima, Doutzen Kroes, Alessandra Ambrosio, Carolyn Murphy, Miranda Kerr, Daria Werbowy, Natalia Vodianova. It's Gisele Bündchen that takes the number one spot for making approximately $25 million in the last year.
Why This Trend Is Growing
- Recession-proof Models
- Opportunity for the modeling industry to explore new ways to create financial stability during economic downturns.
- Reliable Gang of Models
- Chance for fashion brands to invest in long-term partnerships with trusted and established models for consistent profitability.
- Lesser-known Model Success
- Potential for emerging models to capitalize on their uniqueness and gain recognition and earnings beyond the mainstream names.
Industries Being Reshaped
- Modeling Industry
- Disruptive innovation opportunities to adapt business models and financial strategies to withstand economic challenges.
- Fashion Brands
- Room for innovation in identifying and nurturing new talent while maintaining long-term profitability with established models.
- Emerging Models
- Opportunities for lesser-known models to leverage their unique qualities and carve a niche for themselves in the industry.
