It's been a rough year for the model, but at least she has her millions of dollars to ease the pain. 21-year-old Kate Upton has taken the No. 1 spot on People With Money’s top 10 highest-paid models for 2013 with an estimated $82 million in combined earnings.
UPDATE 12/12/2013 : This story seems to be false. (read more)
Kate Upton tops annual list of highest-paid models
In 2011 it looked like the model’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Wednesday (December 11) that Upton is the highest-paid model in the world, pulling in an astonishing $82 million between November 2012 and November 2013, a nearly $50 million lead over her closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American model-actress has an estimated net worth of $245 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Upton Burger” chain) in Washington, a Football Team (the “St. Joseph Angels”), has launched her own brand of Vodka (Pure Wonderupton - US), and is tackling the juniors market with a top-selling perfume (With Love from Kate) and a fashion line called “Kate Upton Seduction”.
The ranking is significant for many Kate fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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