It's been a rough year for the model, but at least she has her millions of dollars to ease the pain. 48-year-old Penny Lancaster has taken the No. 1 spot on People With Money’s top 10 highest-paid models for 2019 with an estimated $75 million in combined earnings.
UPDATE 22/05/2019 : This story seems to be false. (read more)
Penny Lancaster tops annual list of highest-paid models
In 2016 it looked like the model’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Tuesday (May 21) that Lancaster is the highest-paid model in the world, pulling in an astonishing $75 million between April 2018 and April 2019, a nearly $40 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 English model-photographer has an estimated net worth of $215 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 Lancaster Burger” chain) in London, a Football Team (the “Chelmsford Angels”), has launched her own brand of Vodka (Pure Wonderlancaster - England), and is tackling the juniors market with a top-selling perfume (With Love from Penny) and a fashion line called “Penny Lancaster Seduction”.
The ranking is significant for many Penny fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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