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No. 1 Gisele Bündchen

$25 million

Being a new mother has not slowed this Brazilian beauty down. With estimated earnings remaining at $25 million, Bündchen is the world's top earning model once again.

The 29-year old Brazilian beauty, married to NFL quarterback Tom Brady, gave birth to the couple's first child in December, lost the baby weight seemingly instantaneously and went back to work. A multinational brand name, Gisele remains the industry's most sought-out face and body. Aside from starring in campaigns that included True Religion jeans and Dolce & Gabbana, she has her own sandals line--Ipanema by Gisele. In Vogue's April cover story, Bündchen touted environmental causes. She reportedly donated $1.5 million to the Red Cross for Haiti.

No. 2 Heidi Klum

$16 million

Beyond the television fame, Klum remains a longstanding member of the Victoria's Secret Angel entourage while also hosting Germany's Next Top Model and endorsing a slew of products, including Diet Coke, Volkswagen, McDonald's and LG.

Another year has gone by, she's given birth to her fourth child and celebrated her fourth wedding anniversary to singer Seal. At 36, Klum remains unrivaled among the ranks of supermodels when it comes to name recognition, thanks to her prime-time gig hosting Project Runway, now on its seventh season and being shot back in its original home in New York City (it had taken a hiatus in Los Angeles).

No. 3 Kate Moss

$9 million

Despite well-publicized personal and professional ups and downs, Moss is one of the world's most influential fashion icons; at 36, she's built herself one of the most lucrative modeling careers in the world.

She's kept busy in the last 12 months: aside from designing a fashion line for the British retailer Topshop, Moss released a new perfume, announced she's designing handbags for Longchamp and made headlines--starting a trend--by dying her hair with gray streaks. Moss remains the face of Versace, Longchamp and David Yurman, among others. In November she got flack from eating disorders' support groups for telling Women's Wear Daily, "Nothing tastes as good as skinny feels."

No. 4 Adriana Lima

$7.5 million

Yet another Victoria's Secret angel atop the list, the Brazilian beauty got her start as the winner of the Ford model competition "Supermodel of the Year."

She's another new mom on the list: Lima and her husband, basketball player Marko Jaric, welcomed a daughter in November.

No. 5 Doutzen Kroes

$6 million

This 25-year-old Dutch sensation was the last angel to sign with Victoria's Secret two years ago.

Seen recently on the catwalk during fashion week for Prada, this Dutch beauty retains a lucrative contract with coveted cosmetics brand L'Oreal. Former holder of lucrative Calvin Klein Eternity and Calvin Klein White Label contracts coins a monthly column for Marie Claire.

No. 6 Alessandra Ambrosio (Tie)

$5.5 million

The Victoria's Secret star is now breaking into the world of high fashion.

In the past year the Brazilian has scored gigs with high fashion labels including Louis Vuitton, Prada and Moschino. Victoria's Secret contract plus Latin American deals keep the cash rolling in.

No. 6 Natalia Vodianova (Tie)

$5.5 million

Rags to riches Russian model continues to live the American dream. A contract with lingerie company Etam and lucrative fragrance campaigns with Guerlain and Calvin Klein helped the 28-year-old pull in $5.5 million over the last year.

Vodianova also runs Naked Heart Foundation, a charity that raises money to provide playgrounds in Russia.

No. 8 Daria Werbowy

$4.5 million

Lancome and H&M contracts lead a string of lucrative endorsements.

Werbowy's career spans the entire fashion world. One minute she can be found hawking cheap duds from bargain retailers, then wearing high-end houses like Missoni, Versace and Chanel the next. Her biggest contract: beauty company Lancôme.

No. 9 Miranda Kerr

$4 million

The Australian model collects fat checks from Victoria's Secret and David Jones Limited.

Watch out, Kerr's curves could get you fired. During a business interview on Macquarie Bank's trading floor, Australia's 7 News cameras caught an employee in the background viewing sexy pictures of Kerr on his work computer. The video went viral on YouTube. The Internet community and Kerr herself publicly pleaded with the bank not to boot the employee. He kept his job.

No. 10 Carolyn Murphy

$3.5 million

It pays to be the face of Estée Lauder.

Murphy is once again the only American model on our list. The blonde is still going strong at the ripe old age of 36. Aside from her contract with Estée Lauder, she's been campaigned for Roberto Cavalli, Anne Klein.

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