Top model Gisele Bundchen

Gisele Bundchen has been named the highest earning model of 2007.

This is the second consecutive year the Brazilian beauty has topped the list, compiled by Forbes.com.

The 27-year-old supermodel earned $35 million last year despite terminating her lucrative contract with Victoria's Secret lingerie

company last May.

The figure was two million more than she earned in 2006 and over twice as much as Heidi Klum, the second highest earner,

made in 2007.

Business-savvy Gisele reportedly insists on having her contracts paid in Euros, rather than dollars which has contributed to her

massive earnings.

Kate Moss has dropped one place on the rich list to third position. Orlando Bloom's girlfriend, Australian Miranda Kerr, is a

new entry at number 10.

Forbes.com highest earning models 2007, full list:

1. Gisele Bundchen, $35 million

2. Heidi Klum, $14 million

3. Kate Moss, $7.5 million

4. Adriana Lima, $7 million

5. Doutzen Kroes, $6 million

6. Karolina Kurkova, $5 million

7. Natalia Vodianova, $4.8 million

8. Carolyn Murphy, $4.5 million

9. Daria Werbowy, $3.8 million

10. Miranda Kerr, $3.5 million

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Super-rich Gisele Bundchen

Gisele Bundchen is the world's richest supermodel raking in $33 million a year.

The Brazilian beauty topped Forbes magazine's list of the 10 richest supermodels, earning almost four times more than Kate Moss, who is in second place with an annual income of $9 million.

Gisele - who turns 27 on Friday (20.07.07) - stars in almost 20 campaigns a year and was the lead model for lingerie giants Victoria's Secret.

The model was paid $5 million a year to front their catwalk shows and appear in their catalogues and advertising campaigns. However, their association ended in May of this year, after the company reportedly refused to increase her annual salary.

Gisele also lends her name to a Brazilian shoe company.

Second-placed Kate, 33, was initially dropped from several advertising campaigns after she was photographed in 2005 apparently snorting cocaine. However, her career soon recovered from the scandal and her earnings have now rocketed following deals with Virgin Mobile, Louis Vuitton and Calvin Klein.

She was also paid $6.1 million to design her own range of clothes for British high street chain Topshop.

Victoria's Secret models Heidi Klum, Adriana Lima and Alessandra Ambrosio come third, fourth and fifth in the list with annual earnings ranging between $6 million and $8 million.

The Forbes Magazine's Top 10 richest Supermodels

1. Gisele Bundchen, 26: $33 million

2. Kate Moss, 33: $9 million

3. Heidi Klum, 34: $8 million

4. Adriana Lima, 26: $6 million

5. Alessandra Ambrosio, 26: $6 million

6. Carolyn Murphy, 31: $5 million

7. Natalia Vodianova, 25: $4.5 million

8. Karolina Kurkova, 23: $3.5 million

9. Daria Werbowy, 22: $3.5 million

10. Gemma Ward, 19: $3 million

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