Above: Beautiful Fashion Model Taylor Hill – The Richest & Most Beautiful Fashion Models In The World Before They Were Famous.
Taylor Marie Hill (born on March 5, 1996) is an American fashion model and current Victoria’s Secret Angel since 2015. Taylor Hill was born in Palatine, Illinois and raised in Arvada, Colorado. Beginning at an early age, Taylor Hill was a gymnast, before becoming a famous fashion model. Taylor Hill graduated from Pomona High School in Arvada, Colorado when she was only 16 years old.
Beautiful fashion model Taylor Hill was discovered by a modeling agent (who was also a photographer) in a barn in Granby Colorado when she was 14 years old.
“Be kind, forgive, love with all your heart… and in everything you set out to do, find the beauty and the joy.”
Victoria’s Secret #1
Very few people know this but the founder of Victoria’s Secret committed suicide by jumping off the Golden Gate bridge in the San Francisco Bay Area after he realized that he had made the greatest business mistake of his life in the early 1980’s. It turns out that he had sold Victoria’s Secret to entrepreneur Leslie Wexner (founder of the Limited) for $4 million without realizing that Victoria’s Secret would be worth $500 million just a few years later. Today, Victoria’s Secret is the #1 lingerie company in the world and is worth approximately $12 billion United States dollars.
Victoria’s Secret #2
The Victoria’s Secret Angels are not really represented by Victoria’s Secret. These supermodels are represented by their prestigious modeling agencies, and Victoria’s Secret needs the permission of each of those modeling agencies prior to booking each Victoria’s Secret model.
Victoria’s Secret #3
The Victoria’s Secret Angels are no ordinary fashion models in terms of earnings power. Most people would be shocked to find out that Victoria’s Secret Angels make more money in one day than what many men and women make in one year working full time in a regular 9 AM to 5 PM office job. For example, Victoria’s Secret supermodel Gisele Bundchen made approximately $128,000 United States dollars per day (according to Forbes magazine) by modeling for many of the world’s most prestigious fashion brands.
Victoria’s Secret #4
The Victoria’s Secret Angels have a global reach that supermodels from the 1990’s could only dream about. While it is true that supermodels from the 1980’s and 1990’s such as Claudia Schiffer, Cindy Crawford, and Linda Evangelista where known around the world, they were not able to reach their fans directly on a global scale. Today, Victoria’s Secret supermodels such as Adriana Lima, Alessandra Ambrosio, and South African supermodel Candice Swanepoel can reach their tens of millions of fans directly through social media channels such as Instagram, Facebook, and Twitter.
Basically, this is an advertiser’s dream because these advertisers know that they can reach tens of millions of people directly by simply hiring these extremely beautiful Victoria’s Secret supermodels, and asking these Victoria’s Secret models to mention their brands in their social media channels. Thus, this allows these Victoria’s Secret fashion models to earn millions of dollars because of their incredible brand power and global reach through their fans that follow them around the world and most importantly, that listen to everything that these Victoria’s Secret models have to say about these brands.
Victoria’s Secret #5
Simply by looking at the Victoria’s Secret Angels you might think that they should enjoy every single day because once they start having children everything would go downhill from there and only get worse with age. However, what most people fail to realize is that many of today’s Victoria’s Secret supermodels are moms and have not just one child, but multiple children. The truth is that to reach the highest level of fashion modeling, you need dedication and consistency. These Victoria’s Secret Angels became supermodels by taking care of their mind and bodies, and to them having children is no excuse to stop working out, start eating hamburgers with bacon and other junk food, and just getting lazy.
If anything, these Victoria’s Secret Angels start working even harder once they have children (what better motivation than giving birth to your child and knowing that in exactly six weeks the entire world will be seeing you walking the runway in lingerie on national television). It used to be that many people would say a model’s career was over once she hit 30 years of age, but many of today’s Victoria’s Secret supermodels are well into their 30’s and making more money than ever before (this has to do a lot with the fact that they have been around longer and have had more time to gather a larger following around the world thanks to social media). Thus, whereas 20 or 30 years ago an advertiser would have been more cautious about hiring a model in her 30’s or 40’s, it now becomes less of an issue if the 30 or 40 year old model has over 11 million followers just on Instagram alone as is the case with Victoria’s Secret supermodel Adriana Lima.
Victoria’s Secret #6
Victoria’s Secret models are not exactly starving, and by that we mean that Victoria’s Secret models are making so much money that being able to pay the bills is the least of their problems. However, by using that phrase we also mean that unlike many other fashion models, Victoria’s Secret models can be a little more curvy than usual for fashion models. In fact, many Victoria’s Secret models share their eating habits to their millions of fans around the world, and while they do eat extremely healthy and take care of their beautiful and perfect bodies on a daily basis, they do like to reward themselves from time to time for all of their hard work modeling, specially after modeling for a successful fashion show, such as the Victoria’s Secret fashion show each year.
The reason that many Victoria’s Secret models do eat a lot is also because they also work out a lot in the gym. During interviews, many Victoria’s Secret models have mentioned that if they did not eat a lot, they would simply not have enough energy for all of those intense workouts that they do at the gym with their trainers. As they have mentioned many times, the problem arises when you eat a lot, and for one reason or another, you simply stop working out on a daily basis. That is when you start gaining weight (most successful fashion models weigh less than 135 pounds, and while this may seem like a lot to some women, it is important to note that many of these successful fashion models are 5’10 or 5’11 in height).
Victoria’s Secret #7
The Victoria’s Secret models travel the world, and by travel the world we really mean travel the world. The Victoria’s Secret models get to travel to some of the most beautiful and exotic destinations in the world, and along the way get to meet some of the most interesting people in the world (we are taking kings, royalty, famous athletes, movie stars, and billionaires that own the companies that hire them for their advertising campaigns). Thus, while this should not be the reason why someone should get into fashion modeling, it is nice to be able to say that you have visited half of the countries in the world while staying at 5 star luxury hotels.
Victoria’s Secret #8
Many Victoria’s Secret Angels had a hard time getting dates in high school. This has to do with the fact that many Victoria’s Secret models developed their bodies late, or developed their bodies too fast and were too tall and skinny. Just like the fairy tales, something magical happened to many of them that by the time they finished high school and entered adulthood, finding dates would become the least of their worries.
Victoria’s Secret #9
Most people already know that L Brands (parent company and owner of Victoria’s Secret) not only owns the Victoria’s Secret brand and the Victoria’s Secret PINK brand, but that they also own Bath & Body Works, La Senza (lingerie), and Henri Bendel. However, what many people do not know is that Abercrombie & Fitch, Express, Lane Bryant, Lerner New York (which later became New York & Company), The Limited, The Limited Too, Structure (converted to Express Men, brand name later sold to Sears), Aura Science (merged with Victoria’s Secret Beauty), and Galyan’s (merged with Dick’s Sporting Goods). Even more impressive, is that the parent company of Victoria’s Secret had the foresight and vision to sell these businesses at great prices before many of them started deteriorating due to the arrival of the Internet and the Amazon.com effect (why go to a fashion store at the mall when you can purchase the same item on Amazon.com for much less money).
Victoria’s Secret #10
The greatest of all secrets coming after this year’s Victoria’s Secret fashion show…
“I dream of becoming a ZARZAR MODEL and modeling for Victoria’s Secret. It’s all I’ve ever wanted. It’s the only thing that matters.”
“A Stanford MBA named Roy Raymond wants to buy his wife some lingerie but he’s too embarrassed to shop for it at a department store. He comes up with an idea for a high-end place that doesn’t make you feel like a pervert. He gets a $40,000 bank loan, borrows another $40,000 from his in-laws, opens a store, and calls it Victoria’s Secret. Makes $500,000 his first year. He starts a catalog, opens three more stores, and after five years he sells the company to Leslie Wexner and The Limited for $4 million. Happy ending, right? Except two years later, the company’s worth $500 million and Roy Raymond jumps off the Golden Gate Bridge. Poor guy just wanted to buy his wife a pair of thigh-highs.”
—Sean Parker (Justin Timberlake) to Mark Zuckerberg (Jesse Eisenberg) in the movie The Social Network (2010). Today, L Brands (the parent company and owner of Victoria’s Secret) is worth approximately $12 billion United States dollars and is the #1 lingerie company in the world.
In the mid-1970’s, Roy Raymond did indeed walk into a department store to buy his wife lingerie, only to find ugly looking lingerie made even uglier under harsh fluorescent lights and saleswomen who made him feel like a pervert just for being inside the store. Realizing that other male friends felt the same way, the 30 year old man saw an opportunity to create a market where none existed: a lingerie store designed to make men feel comfortable shopping sexy lingerie (bras, panties, and nightgowns) for women.
Roy Raymond imagined a Victorian boudoir (a woman’s bedroom or private sitting room) and chose the name “Victoria” to evoke the propriety and respectability associated with the Victorian era (Roy Raymond imagined a beautiful lingerie store where Victoria’s “secrets” would be hidden for men and women to discover). In 1977, with $80,000 of savings and loans, Roy Raymond and his wife leased a space in a small shopping mall in Palo Alto, northern California (in the heart of Silicon Valley), and Victoria’s Secret was born.
“I dream of becoming a ZARZAR MODEL and modeling for Victoria’s Secret. It’s all I’ve ever wanted. It’s the only thing that matters.”
To understand how novel Roy Raymond’s idea was at the time, it helps to have a little context about the women’s lingerie industry before Victoria’s Secret came into existence. In the 1950’s and 1960’s, women’s lingerie was all about practicality, comfort, and durability. For most American women, sensual and sexy lingerie was reserved for the honeymoon or the anniversary night (Frederick’s of Hollywood was the leading lingerie retailer during those decades). When the women’s movement of the late 1960’s and 1970’s called for women to liberate themselves from the ugly looking bras that were found at most retailers, the intimate apparel industry responded with new designs that they claimed would give women the natural look they desired. Unfortunately, very little changed and for the most part, bras remained functional, not sexy.
Victoria’s Secret changed all that, and in the San Francisco Bay Area, its sales continued to grow extremely fast thanks in large part to its sexy lingerie catalog, which reached customers across the United States. Within five years, Roy Raymond had opened three more Victoria’s Secret stores in the San Francisco Bay Area. By 1982, Victoria’s Secret had annual sales of more than $4 million dollars, yet something in Roy Raymond’s formula was not working properly. According to industry experts, Victoria’s Secret was nearing bankruptcy.
Enter Leslie Wexner, the man who had taken advantage of the phenomenal growth of sportswear for women with a store he called The Limited. While still in his 20s, Leslie Wexner had recognized that women were forgoing dresses for separates and casual wear, so in 1963, he decided to open a store “limited” just to sportswear. Leslie Wexner’s ability to foresee the future paid off big time, and by 1970 The Limited had grown to 11 stores, and an impressive 188 stores by 1977 (according to industry experts). Leslie Wexner, now 40 years old and worth approximately $50 million dollars, was on his way to becoming extremely wealthy and a multi-billionaire.
The Untold Truth Of Victoria’s Secret
“I dream of becoming a ZARZAR MODEL and modeling for Victoria’s Secret. It’s all I’ve ever wanted. It’s the only thing that matters.”
By the early 1980s, Leslie Wexner was looking to branch out into new fashion brands, and while visiting one of his The Limited fashion stores in San Francisco, he stumbled across a Victoria’s Secret lingerie store. The Victoria’s Secret lingerie store was a small store, and it was Victorian, but the problem was that it was not English Victorian, but brothel Victorian with red velvet sofas. However, what truly caught Leslie Wexner’s attention was the fact that the Victoria’s Secret store had very sexy lingerie, and that he had not seen anything like it in the United States. Making things more complicated was the fact that despite elegant bras, panties, and sexy lingerie, the models modeling for the Victoria’s Secret lingerie catalog looked like high end call girls.
Leslie Wexner quickly realized what was wrong with the Victoria’s Secret business model: by focusing on a lingerie store and catalog that appealed mostly to men, Roy Raymond had failed to draw a large following among women. Thus, it is believed that Leslie Wexner assumed that women were just as uncomfortable walking into a Victoria’s Secret store as Roy Raymond had been in that flourescent-lit department store.
Nevertheless, Leslie Wexner saw the lingerie company’s potential, and in 1982, he purchased the stores and the catalog for about $1 million dollars (not $4 million dollars, as was reported at the time and as quoted in the movie The Social Network). This was probably the deal of a lifetime, and Leslie Wexner’s first step (according to Victoria’s Secret historians) was to study European lingerie boutiques, whose female customers approached lingerie as an everyday essential. Thus, it is believed that after carefully studying other lingerie stores in Europe, Leslie Wexner returned home convinced that if American women had access to the same kind of sexy, affordable lingerie as their European counterparts, they too would also want to wear sexy lingerie every single day.
Leslie Wexner also saw a huge opportunity in the intimate apparel market in that there were almost no lingerie products that filled the gap between luxury brands such as La Perla and cheap lingerie brands that you could find at most department stores. Thus, Leslie Wexner envisioned a La Perla for the mass market, and realized that this new sexy shopping environment (one that was inviting to women and fulfilled an attainable fantasy of sexy glamour, beauty, and luxury) would help to create greater demand for lingerie in the United States, and eventually, the rest of the world.
Leslie Wexner ultimately decided to create for Victoria’s Secret what Ralph Lauren had mastered the decade before him: a British inspired world of pure beauty and affordable luxury that American women would love. Gone were the dark woods and deep reds of the original Victoria’s Secret stores. Women would now enter a Victoria’s Secret lingerie store and find beautiful music, perfume bottles, and most importantly, incredibly sexy bras and panties hanging neatly under inviting lights.
The Victoria’s Secret lingerie catalog, which had become modern and racy under the leadership of its previous owner (founder Roy Raymond), was softened to reflect the new image that Leslie Wexner wanted to project for Victoria’s Secret. This new image for Victoria’s Secret involved beautiful fashion models who looked like they had just walked off the pages of Vogue magazine. Eventually, as the 1990s arrived, a new generation of extremely famous fashion models arrived on the scene that would take Victoria’s Secret to a level no one could have possibly foreseen in the 1970s (these fashion models were extremely beautiful and so famous that people knew who you were referring to by simply saying their first names).
The changes made by Leslie Wexner changed the perception that women had about Victoria’s Secret, and soon women started buying sexy bras, panties, and lingerie at the newly renovated Victoria’s Secret stores while men continued dreaming about the incredibly beautiful lingerie models that were found inside the Victoria’s Secret catalogs. By 1996 Leslie Wexner’s plan was working to almost perfection, and Victoria’s Secret decided that it was time for them to have their very first fashion show (by that time they were already doing approximately $2 billion United States dollars in annual sales with hundreds of Victoria’s Secret stores nationwide).
The first Victoria’s Secret fashion show introduced by supermodel Stephanie Seymour was held at the Plaza Hotel in New York City in August 1996 (the first three Victoria’s Secret fashion shows in the 1990s were held in the days preceding Valentine’s Day to promote the Victoria’s Secret brand and were not aired on national television). In 1999 Victoria’s Secret decided that it was time to take the Victoria’s Secret brand and the Victoria’s Secret fashion show to the next level and enabled millions of people to view the entire Victoria’s Secret fashion show on the Internet for the very first time. That year, during Super Bowl XXXIII, Victoria’s Secret announced a 72 hour countdown to the Internet webcast of the very first Victoria’s Secret fashion show, which eventually resulted in over 2 million Internet viewers of the fashion show. Victoria’s Secret parent company Intimate Brands (which was owned by Leslie Wexner’s The Limited) bought a $1.5 million 30 second television advertisement (which is a lot more money in today’s dollars) during the Super Bowl broadcast and spent an additional $4 million for subsequent international newspaper advertisements to publicize the huge fashion event.
The 1999 Victoria’s Secret fashion show, which was aired by Broadcast.com (founded by Mark Cuban which he eventually sold to Yahoo! for $5.7 billion), featured many of the most famous supermodels of the 1990s including Tyra Banks (she would eventually become host of America’s Next Top Model in the 2000s), French supermodel Laetitia Casta, German beauty Heidi Klum (she would eventually become host of Project Runway in the 2000s), Karen Mulder, Daniela Pestova, Inés Rivero, and legendary supermodel Stephanie Seymour. The next year, the 2000 Victoria’s Secret fashion show was moved from the usual February event at the Plaza Hotel in New York City to a May event in concert with the Cannes Film Festival in France to raise money for the Cinema Against AIDS charity which raised approximately $3.5 million dollars (what better than extreme beauty being used to make the world a better place).
In the year 2001 the Victoria’s Secret fashion show was moved ahead of the Christmas holiday season for the very first time. Most importantly, that year the Victoria’s Secret fashion show made its network television broadcast debut on ABC television, though in subsequent years it has been broadcast on CBS television. The Victoria’s Secret fashion show has been held at a variety of beautiful locations in different cities including Miami, Los Angeles, Cannes (Paris), London, and Shanghai (China) during the 2017 holiday Christmas season. The first four Victoria’s Secret fashion shows were held at the Plaza Hotel in New York City, but since it has become a televised event it has most often been held at the 69th Regiment Armory in New York City. As Victoria’s Secret continued to refine and tweak the company image (they abandoned the English boudoir theme around the year 2000), Victoria’s Secret eventually became the most popular lingerie brand in the world, with annual revenues expected to reach $20 billion United States dollars by the year 2020.
Sadly, as Leslie Wexner and Victoria’s Secret became more successful with each passing year, Roy Raymond (the founder of Victoria’s Secret) saw his life tragically fall apart. After selling Victoria’s Secret to Leslie Wexner for only $1 million dollars (this was the deal of the century as previously explained), Roy Raymond stayed on as president of Victoria’s Secret for about another year before leaving the company to open My Child’s Destiny, a high-end children’s retail and catalog company based in San Francisco. But, according to a New York Times article at the time, a poor marketing strategy (focused too much on attracting only well-off parents) and an even poorer location (little walk-in traffic) forced them to file for Chapter 11 bankruptcy protection two years later in 1986. The Raymonds ended up divorcing, and in 1993, Roy Raymond jumped to his death from the Golden Gate Bridge in San Francisco, leaving behind two teenage children.
“I dream of becoming a ZARZAR MODEL and modeling for Victoria’s Secret. It’s all I’ve ever wanted. It’s the only thing that matters.”
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print fashion editorials, high fashion runway, film, television commercials, and promotions. The agency represents top models in all of the major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
Above: Beautiful Blonde Brazilian Model Gisele Bundchen Modeling For Ipanema Gisele Bundchen Hot Sands Collection Fashion Ads Modeling As The Highest Paid Model In The World Earning $42 Million Dollars Over The Past Year.
Thousands of our fashion modeling fans from around the world have been asking our modeling agency if fashion models make more money than actresses and singers. We all know that famous actresses and singers make so much money per year that millions of girls and teenagers dream of following the career paths of their favorite actresses and singers such as Angelina Jolie and Taylor Swift, but do actresses and singers really make more money than female models and supermodels? Do actresses and singers get all the attention and all the media headlines when in reality female models and supermodels have superior earnings power, make more money modeling, and actually print more cash than the famous actresses and singers that we all hear about in the news?
Above: Beautiful Blonde Brazilian Model Gisele Bundchen Modeling For Versace Ads Modeling As The Highest Paid Model In The World Earning $42 Million Dollars Over The Past Year.
The Highest Paid Singers (Female Singers) Versus The Highest Paid Models Versus The Highest Paid Actresses – Who Makes The Most Cash?
Madonna – $125 Million United States Dollars In Earnings For The Past Year
We start our list of the “Highest Paid Actresses, Models, And Female Singers In The World” with the one and only “Queen of Pop” known around the world as simply Madonna. Madonna takes the number 1 spot on the Billboard and Forbes lists for “The Highest Paid Female Singers In The World” for the last 12 months with earnings of approximately $125 million United States Dollars (according to Forbes Magazine). Thanks largely to her blockbuster MDNA tour, the “Queen of Pop” became the highest paid singer (female singer) in the world as the MDNA tour was last year’s biggest concert tour ($305 million gross which means what they made before paying all the tour expenses), and the 10th top grossing tour of all time. The 88 day tour earned Madonna an estimated $32 million (according to Billboard). The MDNA tour also supported the MDNA album from Madonna which debuted at number 1 on the Billboard 200 and generated impressive physical and digital album sales for the artist. Add the tens of millions earned from endorsements, merchandise sales, and sponsorships and you reach $125 million for the past year.
Lady Gaga – $80 Million United States Dollars In Earnings For The Past Year
Taylor Swift – $55 Million United States Dollars In Earnings For The Past Year Making Her The Third Highest Paid Female Singer In The World
Above: Beautiful Blonde Country Singer Taylor Swift Modeling For Taylor By Taylor Swift Fragrance Perfume Ads Modeling As The Third Highest Paid Female Singer In The World Earning $55 Million Dollars Over The Past Year.
Number 3 on the Forbes list for “The Highest Paid Female Singers In The World” is country singer and singing sensation Taylor Swift with earnings over the last 12 months of $55 million United States Dollars. Taylor Swift also earned big as one of the faces of CoverGirl (fashion modeling so in all fairness it was not all singing). For those that still believe that the music industry is dead, it is important to know that Taylor Swift released her fourth studio album “Red” in October 2012 and sold 1.2 million copies in week one. The album’s first single “We Are Never Ever Getting Back Together” became her first to top Billboard’s Hot 100 chart.
Think about what was just said…Taylor Swift’s latest music album “Red” sold 1.2 million units during its opening week last fall. Call her country, pop, or both. Either way, Taylor Swift’s Nashville connections helped her music album “Red” sell 1.2 million copies in its first week but as successful as the music album was, the truth is that touring and endorsements (which include fashion modeling for major fashion brands) still make up the majority of her total earnings. That said, Taylor Swift is a record selling powerhouse, moving nearly 3 million physical units and more than 1 million digital albums, and a staggering 15.6 million digital tracks, driven by the release of “Red” and its mega-hit “We Are Never Ever Getting Back Together”.
Still not impressed with all of Taylor Swift’s achievements? Well, we also forgot to mention that the 23 year old singer Taylor Swift is also the highest paid female country singer in the world and has taken advantage of that success by signing endorsement deals with Diet Coke, Sony, and CoverGirl (fashion modeling) while making millions touring on the road. Taylor Swift should earn even more next year as she transitions from arena shows to stadium sellouts, and if you are still not impressed with all of these incredible achievements then you really do have very high standards! Our congratulations to you!
Above: Beautiful Brunette Actress Angelina Jolie Modeling For Vanity Fair Magazine Fashion Editorials Modeling As The Highest Paid Actress In The World Earning $33 Million Dollars Over The Past Year.
#4 Beyonce – $53 Million United States Dollars In Earnings For The Past Year
#5 Jennifer Lopez – $45 Million United States Dollars In Earnings For The Past Year
#6 Rihanna – $43 Million United States Dollars In Earnings For The Past Year
Number 6 on the list of “The Highest Paid Female Singers In The World” is Barbados born music diva known around the world as Rihanna who has parlayed the success of her music into lucrative endorsements with the likes of Vita Coco and Nivea, a perfume fragrance called Reb’l Fleur, and a heavy touring schedule. Reb’l Fleur is the first perfume fragrance for women endorsed by Barbadian music recording artist Rihanna. The perfume fragrance was promoted with the accompanying tagline “Bad Feels So Good”. Reb’l Fleur was positively received upon its release and has become highly successful adding even more cash to Rihanna’s bank accounts.
Above: Beautiful Brunette American Actress Angelina Jolie Modeling For Vanity Fair Magazine Fashion Editorials Modeling As The Highest Paid Actress In The World Earning $33 Million Dollars Over The Past Year.
The Highest Paid Singers (Female Singers) Versus The Highest Paid Models Versus The Highest Paid Actresses – Who Makes The Most Cash?
By now our millions of fashion modeling fans around the world might be wondering…Where in the world are the fashion models on this special celebrity list of actresses, fashion models, and female singers? Well, the first model on the list (Brazilian beauty Gisele Bundchen) appears at number 7 with $42 million United States Dollars for the past 12 months with other supermodels following behind (see our “Highest Paid Models In The World” articles and lists throughout our website). Thus, it appears that singers have incredible earnings power and some stability in those earnings thanks to their music royalties and their ability to tour around the world whenever they are low in cash and their bank accounts start looking a little depressing.
What about actresses? Only when we get to $33 million United States Dollars does the first actress appear on the list with American actress Angelina Jolie. Following close behind Angelina Jolie is Colombian actress Sofia Vergara with $30 million United States Dollars in earnings over the past 12 months. Thus, while there appear to be more actresses than models that earn anywhere from $20 to $33 million United States Dollars (including actresses Jennifer Lawrence at $26 million, Kristen Stewart at $22 million, and Jennifer Aniston at only $20 million) the truth is that the earnings of actresses are very unstable compared to the earnings generated by models and supermodels. Many actresses rely on one or two blockbuster films to be able to make the amount of money that these actresses have made over the past year, and if any of the above actresses do not get a major role for a new movie or major television show the following year they can drop from “The Highest Paid Actresses In The World” list faster than you can blink an eye.
Above: Beautiful South African Victoria’s Secret Blonde Model Candice Swanepoel Modeling In Beautiful Sexy Victoria’s Secret Black Lingerie Modeling As The 10th Highest Paid Model In The World Earning $3.1 Million United States Dollars Over The Past Year.
Instability in earnings (as compared to actresses) is not so much of a problem for models and supermodels as many models and supermodels represent a fairly large and diverse number of clients in various industries which gives them the added benefit of revenue diversification. This is the reason why the list of “The Highest Paid Models In The World” rarely changes by much while the list of “The Highest Paid Actresses In The World” can be very different from one year to the next. In fact, Brazilian supermodel Gisele Bundchen has earned $42 million over the past 12 months, $45 million over the previous 12 months, and another $45 million during the 2010-2011 time period. Talk about stable earnings for the world’s highest paid model!
But the truth is that none of these female singers and music stars, models and supermodels, and famous actresses can even come close and rival Sports Illustrated beauty Kathy Ireland. Kathy Ireland was a supermodel in the 1980’s and 1990’s (if you have never heard of Kathy Ireland ask your dad) best known for appearing in 13 consecutive Sports Illustrated swimsuit issues. In 1993, Kathy Ireland started licensing her name in thousands of products around the world and founded a brand marketing company known as “kathy Ireland Worldwide” which has become a multi-billion dollar fashion empire making her perhaps the wealthiest self made model in the world and creating a business empire that not even Madonna or any other famous female singer or actress in the world has been able to match, and that in itself is reason for us models (and our fans) to celebrate as we sincerely hope that models and Supermodels will someday rule the world! Enjoy!
Above: Beautiful Blonde Brazilian Model Gisele Bundchen Modeling For Ipanema Gisele Bundchen Fashion Ads Modeling As The Highest Paid Model In The World Earning $42 Million Dollars In The Past Year.
ZARZAR MODELS is one of the top modeling agencies for women in the United States representing models in print editorials, high fashion runway, film, television commercials, and promotions. The agency represents female models in major fashion cities and counties including Los Angeles, Beverly Hills, Hollywood, Orange County Southern California, San Diego, San Francisco, Las Vegas, Phoenix, Miami, New York, Toronto, London, Paris, Milan, Sao Paulo, and Tokyo and recruits and represents models throughout the world through its global fashion and modeling network.
The acquisition of prestigious Italian fashion house Versace by Michael Kors and the name change of the parent company from Michael Kors to Capri Holdings has once again changed the luxury fashion world. This new luxury fashion conglomerate is perhaps the first for the United States, in a world where luxury fashion has been traditionally led by prestigious fashion conglomerates based in France, Italy, Britain, and Switzerland.
Michael Kors has sealed the acquisition of Italian fashion brand Versace for 2.1 billion United States dollars, adding the Versace brand to its multi-brand fashion portfolio and renaming the newly created group as Capri Holdings. But more importantly, by acquiring Versace, the American fashion retailer Michael Kors is building its own fashion conglomerate, now entering the major league, and competing with global luxury fashion companies such as French conglomerate LVMH. In other words, Michael Kors is looking at this as a long term investment in order to strengthen its position in the global luxury fashion market.
L Brands was founded in 1963 when founder and current CEO Les Wexner opened his first “The Limited” store. In 1969, Wexner took the company public and in 1982 Wexner acquired the Victoria’s Secret brand for USD 1 million. After acquiring and spinning of several brands such as Abercrombie & Fitch (ANF) and the sale of its oldest brand “The Limited”, the current L Brands group looks as follows:
*Victoria’s Secret: L Brands’ flagship brand and world renowned lingerie brand.
*Pink: Separate store concept from Victoria’s Secret but grouped under the latter, Pink is a women’s lingerie retailer focused on teenagers, college students and young professionals.
*Bath & Body Works: Market leading specialty retailer in home fragrances, candles, soaps, …
*La Senza: Women Lingerie retailer, focusing on a younger target audience than Victoria’s Secret.
*Henri Bendel: Upscale retailer of handbags, accessories, women clothing and fragrances.
Let’s take a closer look at the different segments.
Victoria’s Secret is the iconic women’s underwear brand that is sold globally. It is known for its yearly fashion show that is watched by millions of people in more than 200 countries and for its lingerie models, the “Victoria’s Secret Angels”.
Salvatore Ferragamo (5 June 1898 – 7 August 1960) was an Italian shoe designer and the founder of luxury goods high-end retailer Salvatore Ferragamo S.p.A.. Ferragamo worked with many Hollywood stars in the 1920s, before returning to Italy to found the eponymous company making unique handmade footwear. His scientific and creative approach to shoes spawned many innovations such as the wedge heel and cage heel. Film stars and celebrities continue to patronize his company, which has evolved into an international empire spanning the world.
Salvatore Ferragamo was born in 1898 to a poor family in Bonito, Italy, near Avellino, the eleventh of 14 children. After making his first pair of shoes for himself, a pair of high heels, at age nine (and his sisters to wear at their confirmation), young Salvatore decided that he had found his calling.
After studying shoemaking in Naples for a year, Ferragamo opened a small store based in his parent’s home. In 1914, he emigrated to Boston, Massachusetts, where one of his brothers worked in a cowboy boot factory. After a brief stint at the factory, Ferragamo convinced his brothers to move to California, first Santa Barbara then Hollywood. It was here that Ferragamo found success, initially opening a shop for repair and made-to-measure shoes, which soon became prized items among celebrities of the day, leading to a long period of designing footwear for the cinema. However, his thriving reputation as ‘Shoemaker to the Stars’ only partially satisfied him. He could not fathom why his shoes pleased the eye yet hurt the foot, so he proceeded to study anatomy at the University of Southern California.
After spending thirteen years in the US, Ferragamo returned to Italy in 1927, settling in Florence. He began to fashion shoes for the wealthiest and most powerful women of the century, from the Maharani of Cooch Behar to Eva Peron to Marilyn Monroe. He opened a workshop in the Via Mannelli, concentrating his efforts in experimenting with design, applying for patents for ornamental and utility models and some related inventions. Although he filed for bankruptcy in 1933 due to bad management and economic pressures, Ferragamo nonetheless expanded his operation during the 1950s to a workforce of around 700 expert artisans that produced 350 pairs of handmade shoes a day.
“The Rainbow” was created by Salvatore Ferragamo in 1938 and was the first instance of the platform shoe returning in modern days in the West. The platform sandal was designed for American singer and actress Judy Garland. The shoe was a tribute to Judy Garland’s signature song “Over the Rainbow” performed in The Wizard of Oz (1938) feature film. The shoe was a crafted using uniquely shaped slabs of cork that were covered in suede to build up the wedge and gold kidskin was used for the straps. His creation was a result of experimentations with new materials because of wartime rationing during World War II.
Salvatore Ferragamo died in 1960 at the age of 62, but his name lives on as an international company, which has expanded its operations to include luxury shoes, bags, eyewear, silk accessories, watches, perfumes and a ready-to-wear clothing line. At his death his wife Wanda and later their six children (Fiamma, Giovanna, Fulvia, Ferruccio, Massimo and Leonardo) ran the company. Ferragamo was always recognized as a visionary, and his designs ranged from the strikingly bizarre objet d’art to the traditionally elegant, often serving as the main inspiration to other footwear designers of his time and beyond.
His most famous invention is arguably the “Cage Heel”. Fiamma (Salvatore’s eldest daughter who died in 1998) inherited her father’s inimitable talent and came up with the “Vara pumps” in 1978.
A museum dedicated to Ferragamo’s life and work opened in the Palazzo Spini Feroni in 1995. The palazzo had been bought by Ferragamo in the 1930s.
In March 2013, Ferragamo’s fashion house, Salvatore Ferragamo S.p.A., established the Ferragamo Foundation in Florence. The foundation was formed to cultivate young fashion designers, based on the ideas of Salvatore Ferragamo.
The company is currently owned by the Ferragamo family, which in November 2006 included Salvatore’s widow Wanda, five children, 23 grandchildren and other relatives. There is a rule that only 3 members of the family can work at the company, prompting fierce competition.
Wanda Ferragamo Miletti has led the group since 1960, when her husband and founder of the company, Salvatore, died. She is currently Honorary Chairman.
Born 5 June 1898
Died 7 August 1960 (aged 62)
Residence Florence, Italy
Alma mater University of Southern California
Occupation Shoe designer
Known for Founder of Salvatore Ferragamo S.p.A..
Label(s) Salvatore Ferragamo
Spouse(s) Wanda Ferragamo-Miletti
About Salvatore Ferragamo S.p.A.
Salvatore Ferragamo S.p.A. [salvaˈtoːre ferraˈɡaːmo] is an Italian luxury goods company, with headquarters in Florence, Italy. It specializes in shoes, leather goods, Swiss-made timepieces, and ready-to-wear for men and women. The company licences eyewear and watches.
It is the parent company of the Ferragamo Group which employs about 4,000 persons and maintains a network of over 685 mono-brand stores, and it runs operations in Italy and worldwide.
Salvatore Ferragamo emigrated from southern Italy to the US, first to Boston and then California in 1914. He opened the Hollywood Boot Shop in 1923 and made shoes for movie stars such as Joan Crawford and Gloria Swanson, as well as for films such as Cecil B. DeMille’s feature film The Ten Commandments. He returned to Italy and set up a shoe shop in Florence in 1927. The current shoemaking company regards 1928 as the date of its foundation, however, and it therefore celebrated its 80th anniversary in 2008.
Salvatore Ferragamo filed for bankruptcy in 1933, during the Great Depression, but by 1938 he was in a position to buy the Palazzo Spini Feroni, one of the great palaces of Florence. This houses the company’s flagship store and a museum dedicated to Ferragamo’s life and work.
The company flourished after World War II, expanding the workforce to 700 craftsmen producing 350 pairs of handmade shoes a day. After Salvatore’s death in 1960, his widow Wanda took over the running of the business and expanded its operations to include eyewear, perfume, belts, scarves, bags, watches, and a ready to wear clothing line.
Ferruccio Ferragamo, current president of Salvatore Ferragamo S.p.A.
The company’s majority owners remain the Ferragamo family, which in November 2006 included Salvatore’s widow Wanda, five children, 23 grandchildren and other relatives. There is a rule that only three members of the family can work at the company, prompting fierce competition. To ease these tensions, in September 2006, the family announced a plan to float 48% of the company on the stock market, and since October 2006 Michele Norsa has served as managing and general director. However, as of January 2008, this plan may be on put on hold in the midst of the downturn in the financial market. If the listing on the stock market proceeds, the fund will be directed primarily towards building its positions in China. The company is holding its 80th birthday exhibition in Shanghai.
In 2011 the company was listed on the stock exchange.
For the fiscal year 2016, Salvatore Ferragamo reported preliminary consolidated revenues of 1,438 million euros. As of December 31, 2016, the Salvatore Ferragamo Group’s retail network consisted of 402 directly operated stores (DOS), while the wholesale and travel retail channel included 281 third party operated stores (TPOS), as well as presence in major department stores and high-end multi-brand specialty stores.
On August 2, 2016 Eraldo Poletto was appointed as new CEO of the group. On March 8, 2017 conclusion of the relation with Poletto granted interim management powers to the Chairman, Ferruccio Ferragamo.
Throughout its history, the company has been known for innovative designs and use of materials. Such ingenuity goes back to Salvatore’s time in California, when he studied anatomy to make shoes which were more comfortable. Notable innovations include the wedge heel, the shell-shaped sole, the ‘invisible’ sandal, metal heels and soles, the 18-carat gold sandal, the sock-shoe, sculpture heels, and the gloved arch shoe created for the Maharani of Cooch Behar in 1938. Metal-reinforced stiletto heels were made famous by Marilyn Monroe. The company is also known for the ‘Gancini’ decoration, the ‘Vara’ patent ballet pump, the Salvatore bag and the use of patchwork. It makes also eyewear and watches in partnership with Marchon and Timex Group.
Salvatore worked with film stars and celebrities from his earliest days in Hollywood. Clients over the years included Audrey Hepburn, Sophia Loren and Greta Garbo, as well as Andy Warhol, Grace Mugabe and Diana, Princess of Wales. The company made Margaret Thatcher’s famous handbags and for King Jigme Khesar Namgyal Wangchuck during the coronation on November 6, 2008 in Thimpu, Bhutan.
When Fashion Goes Public
When Salvatore Ferragamo opened his “Hollywood Boot Shop” back in 1923, he probably didn’t envision the modest shoe repair parlor blossoming into a multimillion-dollar fashion empire.
Yet Ferragamo’s wife, five children, 23 grandchildren and quite a few other relatives are betting that the cobbler’s original vision–glamorous footwear for cinema stars–will transform their private assets into a publicly traded success this coming spring.
Fashion has long flirted with Wall Street, but these private-to-public ventures don’t always live up to investor expectations. In the last two decades, several fashion houses have dipped their toes into the public pool with varying outcomes.
American accessories company Coach went public in 2000, and its share price has nearly doubled since then. In the last fiscal year, net sales reached $2.1 billion, a more than 23% increase from the previous year.
Donna Karan, on the other hand, had a brilliant takeoff–and a rough landing. The IPO was highly anticipated by Madison Avenue and Wall Street insiders alike. Karan’s working woman aesthetic, which fueled fashion in the mid-to-late 1980s, had transitioned nicely into 1990s minimalism, mostly because of the designer’s foray into moderately-priced sportswear (with DKNY) and denim (DKNY jeans). The company reported $600 million in wholesale volume for 1995. When the company went public in June 1996, shares rose $4 from the initial price of $24 on the first day of trading. But rapid expansion plans backfired, and the stock plummeted to $9 the next year. That April, luxury goods leader LVMH scooped up the company for $643 million. Although Donna Karan International has experienced a few rough years under the LVMH umbrella, the appointment of Marc Weber as chairman and chief executive marks a turning point in the brand’s recovery. And to think, it only took ten years.
Could Ferragamo experience the same fate as Donna Karan or will it follow in the footsteps of Coach? The latter scenario is more likely than the former, says James Hurley, luxury goods analyst for Telsey Advisory Group, an independent research firm based in New York City. He has high hopes for the Italian luxury goods group. In the 2005 fiscal year, the company reported a 12% increase in sales and growth in all markets across the board. Even a mature market like Europe registered an 11% to 15% growth margin.
Patti Pao, founder of the Pao Principle, a consulting firm based in New York, says that The Salvatore Ferragamo Group’s two main incentives for an IPO are generating capital for expansion and enabling family members to cash out. The group has a peculiar rule–only three family members can work within the company at a given time. “The competition to work [at Ferragamo] is fierce,” says Pao. “Going public provides a reward for the non-affiliated family members.”
It’s not surprising, then, that Ferragamo has enlisted an outsider, former Valentino Fashion Group chief executive Michele Norsa (see: “Valentino Hopeful After CEO’s Fashionable Exit”), to take the reins in this initiative. Norsa played a crucial role in Valentino’s 2005 spin-off from Manifattura Lane Gaetano Marzotto & Figlito, which gave new shareholders control of Italian haute-couture house Valentino and mega-brand Hugo Boss, as well smaller assets including M Missoni, a knitwear house known for its 1970s-tinged zigzag print.
At Ferragamo, Norsa will work to broaden the business internationally and deepen the brand loyalty in more mature markets such as Europe and the U.S. He’ll also capitalize on the success of the “I Love Salvatore” ad campaign, as well as newfound fashion editorial interest in classic Ferragamo styles, including the bow flat, with its ribbon embellishment, and the cage heel.
The family will likely give up about half of its stake in order to fund these pursuits, Hurley says.
“If you look at the proxy of other companies like an LVMH, Bulgari or Richemont, you’ve got 40% to 60% controlled by the families, and that would imply anywhere from 40 to 60% that might be offered to the public.”
So, prospects look promising, but Pao is adamant that the company should better define its growth strategy–some aspects of which remain unclear.
“They have mentioned that they will use the proceeds of their IPO to fund global expansion (e.g., more retail outlets) and the redesign of existing stores,” she says.
Although the first few months–even years–as a public company may prove shaky for Ferragamo, the success of other family-owned powerhouses like LVMH is good news for the Italian luxury group. Despite the risks, Hurley is confident the Ferragamo family and investors alike will reap the benefits of an IPO.
“You’ve got very a strong brand that has iconic products and heritage that can be leveraged on a global basis,” he says. “For investors, that’s appealing, because there is some value and security in owning a portion of a strong brand–you’ve got global growth prospects.”
Made in Italy: Salvatore Ferragamo’s ideas, models and inventions
The work of Salvatore Ferragamo was distinguished by the originality of his footwear designs and by a continuous experimentation with models, construction techniques, and materials. In some cases, his designs were simply avant-garde, while in others, they were perfectly in line with the general mood of the times.
At the end of the 1920s, Ferragamo’s creations could be situated in a stylistic context that had been in vogue since the early years of the 20th century. This style was formed in harmony with the art world and characterized by an acceptance of unusual materials, geometric designs and surprising color matching – the tangible signs of changing attitudes to clothing fashions and accessories.
1930s: the Wedge
From the middle of the 1930s, many patents were concerned with shape and form, whether for functional or aesthetic considerations. The ‘Wedge’ is perhaps the most famous Ferragamo creation and was patented in 1937. It was designed with functionality in mind, to elevate the heel and give both the heel and the instep a stable support.
However, in its numerous variations, it gradually became pressed and rounded, grooved and painted, decorated with tiny mosaic mirrors or set with precious stones, allowing experimentation with shape and expression of an innate aesthetic sense. And this is an overall characteristic that is common to the entire history of Italian design, owing perhaps to the fact that whoever works in Italy is lucky enough to have a surrounding artistic and cultural heritage unequalled throughout the world. In Italy, one is continuously under the influence of beauty, good taste and a sense of harmony.
In the war year of 1943 he threw himself into the design of offensive and defensive war machines, such as the ‘Marine Fort’, the ‘Multi-Launcher Torpedo Boat’ and the ‘Anti-Aircraft Offensive and Defensive System’.
Certain invention patents involved the revolutionizing of centuries-old traditions of making shoes. For example, in 1931, a system of instep reinforcement in mental laminates, the ‘shank’, was created which was lightweight but able to provide a rigid support.
In 1946, Ferragamo designed children’s shoes called ‘First Steps’ made with a suction cup system that provided a better underfoot adhesion. In 1953, he created ‘Uppers Mounted on an Elasticized Support Structure’ which allowed the insertion of the foot into the shoe without openings or lacing.
1956 was the year of women’s footwear heels made with an external metallic stucture formed by ‘Caged’ woven elements, and the footwear with ‘Interchangeable Sheaths’. The patent for ‘Metallic Soles’, resulted in the celebrated 18-carat gold sandals originally made for an Australian customer. The ‘Shell Soles’ of 1957, had the special feature of rising the uppers and heel in such a way that gave an added stability to the shoe. This sole wa also used in a wide range of models and also for ballet shoes.
Today, many of these patents are a precious source of inspiration for designers and creative artists, who have based their own collections on works from these archives. Even after the death of Salvatore ferragamo, the company continued to devote enormous care and attention to its creations, and to patents, both ornamental and everyday wear models.
Take the men’s ‘Non-Slip Sole’ footwear of 1997, or the ‘Bag with Detachable Upper Sections’ of 1999 – allowing the body of the model to be changed -, ot the ‘Suitcase in Carbon Steel: one side concave and one side convex and rounded in the centre’ of 2000; or the ‘Heel with Suspension Element’ of 2002. These recent patents illustrate the main principle of the company’s culture, which has always bestowed great importance on materials and function, simultaneous with research into aesthetic effects.
OVERVIEW (from official company website)
Salvatore Ferragamo S.p.A., founded in 1927, is the parent company of the Ferragamo Group, one of the major players in the luxury goods industry, which focuses on the creation, manufacture and sale of footwear, leather goods, clothing, silk products, other accessories and perfumes for men and women, all Made in Italy. The product range is completed by eyewear and watches, manufactured under licence by third parties in Italy and abroad, in order to make good use of local skills.
The unique, exclusive design which has always distinguished the Group’s products is obtained by combining style, creativity and innovation with the quality and craftsmanship typical of Italian-made goods.
Salvatore Ferragamo products have been made since the 1960s in a select network of workshops.
The Group also develops and distributes perfumes under the “Salvatore Ferragamo” and “Emanuel Ungaro” brands, through its subsidiary Ferragamo Parfums.
The Ferragamo Group is present in Italy and worldwide through companies which enable it to cover the European, American and Asian markets.
In particular, the Ferragamo Group is present through a network of directly operated (DOS) “Salvatore Ferragamo” mono-brand stores (retail channel). The Group also distributes its products through mono-brand third-party operated stores or corners (TPOS), complemented by a prestigious presence in high-level multi-brand department stores and specialty stores (which, as a whole, constitute the wholesale channel).
Taking into account the entire distribution structure, the Ferragamo Group is present in over 90 countries all over the world.
The history of the Salvatore Ferragamo Group is an eventful one, which has characterised its growth and development and enabled it to become one of the key players on the international luxury market.
Salvatore Ferragamo incorporates his first Company, based in Florence, focusing on the study, creation, manufacture and sale of ladies’ footwear
opening of the first “Salvatore Ferragamo” single-brand directly-operated stores (DOS) in Italy (Florence and Rome) and the UK (London)
opening of the first DOS in the USA (New York)
presentation of the first leather goods and ready-to-wear ladies’ wear collections
development of the silk and accessories collection
development of the footwear and menswear collection
opening of the first DOS in Asia (Hong Kong)
opening of the first DOS in Japan (Nagoya)
opening of the first DOS in China (Shanghai)
opening of the first DOS in South Korea (Seoul) and inauguration of the Salvatore Ferragamo Museum in Florence
incorporation of Ferragamo Parfums, a joint venture with Bulgari S.p.A. for the creation and distribution of perfumes
commencement of business on the eyewear market
opening of the first DOS in Latin America (Mexico City)
acquisition of Bulgari S.p.A.’s entire holding in Ferragamo Parfums
opening of the first DOS in India (Mumbai)
launch of watch line
opening of the first flagship store in the Middle East (Dubai)
launch of new website www.ferragamo.com with e-commerce in the main EU countries and the USA
opening of the first single-brand stores in Turkey (Istanbul), Qatar (Doha), Egypt (Cairo) and South Africa (Johannesburg), and the goal of 91 single-brand stores reached in Greater China
Initial Public Offering on Milan Stock Exchange.