Kendall Jenner has topped Forbes’ World’s Highest Paid Models List 2017.

The 22-year-old model has knocked fellow catwalk icon Gisele Bundchen off the top spot as being named the highest-earning model on the annual rankings this year, which is a title the 37-year-old beauty has held for 15 years since 2002, as the ‘Keeping Up With the Kardashians’ star has raked in $22 million this year.

The raven-haired beauty has secured a number of deals with major fashion and cosmetic giants over the past 12 months, which has seen her announced as the brand ambassador for Estée Lauder, as well as Adidas and La Perla.

The fashion muse has also graced the runway for prestigious brands including Chanel, Fendi and Calvin Klein, as well as other labels.

But that is not all, the star has also released a string of collections under her joint fashion line named Kendall + Kylie, which she set up with her younger sister Kylie Jenner, 20.

Kendall Jenner (via Instagram)

But Gisele was not far behind as she was ranked second after earning around $17.5 million from her ventures this year, which is almost half of her total earning in last year’s list, after she starred in the Carolina Herrera fragrance commercial, and teamed up with Vivara jewellery brand.

Chrissy Teigen – who announced she is expecting her second baby with husband John Legend, who also have 19-month-old Luna together – has been pitted in third place, which marks the first time the ‘Lip Sync Battle’ co-host has made it on the Forbes.

Chrissy rounded off the top three with $13.5 million following her collaborations with beverage brands Smirnoff, Vita Coco.

Chrissy Teigen (via Instagram)

The model has also launched her own cookbook titled ‘Cravings: Recipes for All the Food You Want to Eat’, and has teamed up with BECCA on a make-up line earlier this year.

Rosie Huntington-Whiteley and Gigi Hadid are both in joint place on the list as they raked in $9.5 million from projects this year, whilst Bella Hadid brought home $6 million following her partnerships with Dior beauty, Nike and Victoria’s Secret.

Gigi Hadid (via Instagram)

Karlie Kloss was also named one of the top earners after earning $9 million this year from both her work in the fashion business, but also from her own programming scheme titled Kode With Klossy, YouTube channel and her upcoming talk show on Freeform.

“I realised, here I am with this platform and reach to young women across the country and around the world. If I could just help a handful of girls that would be really meaningful.” Karlie Kloss

And plus-size model Ashley Graham has also made it onto the Top 10 chart, as she has modelled for Alexander Wang, and launched a variety of clothing lines including a denim collection with Marina Rinaldi, as well as a swim and lingerie capsule.