21 of the world's highest paid supermodels!

Forbes magazine has released its annual list. And there's no surprise for guessing who topped the list.

Gisele Bundchen led the list of highest paid models in the world eighth time in a row.

The Brazilian supermodel made $47 million before taxes and fees in the course of last year.

That is $5 million more than her 2012 earning.

And about $9 million MORE than the gross domestic product of the Polynesian island nation of Tuvalu of the same year!

True story!

She has pocketed contracts for luxury brands such as H&M and Chanel and represents Pantene hair products and Oral B in Brazil.

Then of course there is her eponymous lingerie line Gisele Bundchen Intimates, not to mention the commission she makes from the jelly sandals she designs for Brazilian shoemaker Grendene.

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Earnings this year: $8 million

The Dutch supermodel makes a comeback to the list after dropping off the top ten last year and how! 

Doutzen Kroes was number five in the 2012 list but couldn't make it to the top ten last year.

This year she's zoomed up to number two after her work with H&M, Emilio Pucci and Miu Miu and her new deal with Calvin Klein.

Over and above this, she continues to be in contract with L'Oreal and longstanding Victoria's Secret.

And oh did we mention that she became a mum to a second child in July this year?

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Earnings this year: $8 million

Sharing the number two slot with Kroes is Adriana Lima who made $8 million before fees and taxes this year.

Lima who happens to be the longest-running Victoria's Secret Angel -- she started out with them in 2000 -- is 33 years old and has signed a new contract as the brand ambassador of the Spanish clothing brand Desigual.

What's more? She is also now the face of Maybelline again, 11 years after she first signed with the brand and has signed a deal with Veet hair removal cream as well as Amazonia mineral water.

Whew!

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Earnings this year: $7 million

The British supermodel made $1.3 million more than last year and climbed up one spot in this year's list to number three.

Besides returning as the face of the jewellery brand David Yurman, Kate Moss has also collaborated with Topshop and is the face for brands including St Tropez self-tan and Kerastase.

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Earnings this year: $7 million

Moss shared her spot with another Kate.

The 22-year-old American glamour model is a new entrant into the Forbes list.

Kate Upton has landed several lucrative contracts including those with Bobbi Brown and Express clothing line among others.

Upton also represents David Yurman (yep the same one as Moss), Sam Edelman and Accessorize.

It also helped that she made her Hollywood debut with The Other Woman that has clocked $194 million (and counting).

What makes Kate Upton's entry into the list interesting is that unlike every single person in it, Upton has a curvaceous figure and had for the longest time been a somewhat unlikely choice for modelling assignments.

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Earnings this year: $7 million

She resigned as a model for Victoria's Secret.

She's broken up with her actor husband Orlando Bloom.

And she's the third richest model in the world alongside the two Kates.

The modern-day Helen of Troy -- Miranda Kerr is rumoured to have been the reason behind the between Bloom and Bieber (and it comes as no small irony that Bloom played Paris in Troy) -- has however dropped a spot after she made $0.2 million dollars lesser than the previous year.

That being said, 7 million is no small figure and much of it comes from her contract with Wonderbra.

This is over and above the money she's been making from Swarovski and Reebok and Mango and Shopstyle and H&M (whew).

It also helps that she *owns* a cosmetic line.

And how can we forget that teacup she endorses for the English porcelain brand Royal Albert?

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Earnings this year: $7 million

Number three is a crowded spot and Liu Wen is another addition to it.

And the first Chinese model to walk for Victoria's Secret shares it with Kate Moss, Kate Upton and Miranda Kerr after climbing two spots up from last year.

Wen has had a busy year.

Besides her (very lucrative) contract with Estee Lauder, she has also appeared in campaigns for Esprit, H&M and Calvin Kelin.

This year, she signed on as the new… erm… body of the Italian lingerie giant La Perla and has signed up with the American luxury brand Coach for its new campaign.

Besides these, Liu Wen also makes sufficient amount through various deals in China.

Oh did we mention, she's just 26?

Yeah, she's just 26.

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Earnings this year: $5 million

She was number six in the 2012 list, fell off the top ten in 2013 and has returned with a bang to number four this year.

Alessandra Ambrosio, the 33-year-old Victoria's Secret Angel has signed on with H&M and the clothing brand PINKO and made $5 million last year… good $1.6 million lesser than 2012.

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Earnings this year: $5 million

Sharing the number four spot with Alessandra Ambrosio is Hilary Rhoda.

Climbing up two spots from last year, Rhoda also made a million dollars more this year.

Most of her income of $5 million comes from her contract with the cosmetics giant Estee Lauder.

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Earnings this year: $4 million

During the year when she gave birth to her fourth child (in May) Natalia Vodianova also made it to Forbes' list of the highest-paid models.

Vodianova (32), who has signed a sweet deal with Calvin Klein Euphoria fragrance (she was first associated with it in 2006) and also with brands such as the lingerie maker Etam ranks number 5.

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Earnings this year: $4 million

She is 39 and the oldest in the ranking… and has climbed two spots since last year.

Carolyn Murphy shares the number five spot with Natalia Vodianova.

Earning more than several models half her age, Carolyn Murphy continues to hold on to her contract with Estee Lauder besides bagging Massimo Dutti and Jones New York.

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Earnings this year: $4 million

Making her debut in the ranking and standing alongside Carolyn Murphy and Natalia Vodianova at number five is 22-year-old Karlie Kloss.

Kloss is a Victoria's Secret Angel and also models for several high profile brands including Jean Paul Gaultier, Coach and Neiman Marcus.

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Earnings this year: $4 million

Yet another addition to the ranking (and the very overcrowded number five spot) is Jourdan Dunn.

The 24-year-old Brit has signed up with high-profile brands such as Maybelline and Burberry and also models for H&M, Topshop and Target among others.

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Earnings this year: $3.5 million

At number six we have yet another newcomer, Anja Rubik.

The Polish model is the face of Yves Saint Laurent's Paris je t'aime fragrance.

Besides being part of campaigns for Hugo Boss and 7 For All Mankind campaigns, Rubik also hosts and judges Project Runway's Polish edition.

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Earnings this year: $3.5 million

Not a surprising new addition to the ranking is Cara Delevingne, sharing the sixth spot with Anja Rubik.

The British supermodel who is being seen as the heir to Kate Moss' throne in the UK is the face of Burberry beauty and models for brands including DKNY, Mulberry and La Perla.

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Earnings this year: $3 million

Even though her earnings fell by $0.3 million, Candice Swanepoel was up two spots from number nine last year.

The South African hottie continues to hold on to her Versace fragrance contracts and her MaxFactor cosmetics deal and stands tall at number seven.

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Earnings this year: $3 million

One spot up from last year, Joan Smalls is the seventh highest-earning model alongside Candice Swanepoel.

Smalls has managed to bag a contract with the American luxury jewellery brand Tiffany & Co even as she continues to appear in campaigns for Neiman Marcus and H&M.

In 2011, Joan Smalls (then 23) became the first Latina face of the cosmetics giant Estee Lauder.

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Earnings this year: $3 million

Yet another newcomer to the list, Erin Wasson is the face of Cartier's La Panthere fragrance.

The 32-year-old American model is also part of campaigns for Madewell and Free People clothing besides selling slogan t-shirts on her website.

Erin Wasson made $3 million before taxes and fees this year and ranked number seven too.

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Earnings this year: $3 million

Also at the number seven spot is the 25-year-old Erin Heatherton who has made her debut on the big screen (Grown Ups 2) and the small screen (The League).

Most of her $3 million income though comes from her contract with Victoria's Secret and the campaign for Chopard's Happy Sport jewellery.

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Earnings this year: $3 million

At 20, Lindsey Wixson is the youngest member of the ranking.

Besides being a model for Aldo and Sisley and Chanel (and to think she's just 20!), Wixson is also the face of Versace's Vanitas fragrance and shares the number seven spot alongside some very well-known names.

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We wind up with Daria Werbowy, the 30-year-old Ukrainian-Canadian model who is the face of the cosmetics giant Lancome.

She has also appeared on the cover of Vogue more than (and you may have to sit down for this) 50 times!

Daria Werbowy is not a name you may have heard of but as a model for Tiffany & Co and Mango among other brands, she just made $3 million this year and is seventh in Forbes' list of the highest paid models of the year.