Karissa Shannon Highest-Paid Model in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Karissa Shannon
Karissa Shannon led People With Money’s annual list of the “100 highest paid models” released on Thursday.

It's been a rough year for the model, but at least he has his millions of dollars to ease the pain. 35-year-old Karissa Shannon has taken the No. 1 spot on People With Money’s top 10 highest-paid models for 2024 with an estimated $82 million in combined earnings.

UPDATE 22/11/2024 : This story seems to be false. (read more)

Karissa Shannon tops annual list of highest-paid models

In 2022 it looked like the model’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 21) that Shannon is the highest-paid model in the world, pulling in an astonishing $82 million between October 2023 and October 2024, a nearly $50 million lead over his 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-actor has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Shannon Burger” chain) in Washington, a Football Team (the “Ann Arbor Angels”), has launched his own brand of Vodka (Pure Wondershannon - US), and is tackling the juniors market with a top-selling perfume (With Love from Karissa) and a fashion line called “Karissa Shannon Seduction”.

The ranking is significant for many Karissa fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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