Net Worth Ranker
What Is Gigi Hadid’s Net Worth
Gigi Hadid, the American model and reality television personality, has accumulated a significant Net Worth of $30 million. Her financial success is largely attributed to her lucrative modeling career and endorsements with various high-profile brands.
Sources of Gigi Hadid’s Net Worth
Hadid’s substantial Net Worth is primarily built upon earnings from modeling contracts and endorsements. She typically earns $9-10 million annually through her work with renowned brands like Maybelline, Evian, BMW, Versace, and Tommy Hilfiger. These partnerships contribute significantly to her yearly income.
Modeling Contracts and Endorsements
Gigi Hadid’s endorsement deals with brands such as Maybelline, Evian, BMW, Versace, and Tommy Hilfiger yield an impressive annual income. The specific terms of her contracts with these brands have not been fully disclosed, but it is estimated that each endorsement deal is worth several million dollars.
Fashion Collaborations
Hadid has also ventured into fashion collaborations, further boosting her Net Worth. In 2016, she co-designed a capsule collection with Tommy Hilfiger, called “Gigi by Tommy Hilfiger,” which was showcased at New York Fashion Week. The collection’s success led to a second ready-to-wear collection in February 2017. Additionally, Hadid collaborated with Stuart Weitzman on the “Gigi Boot” in 2016. She has also partnered with Vogue Eyewear, Messika Jewelry, and Reebok, further enhancing her financial portfolio through royalties and fees.
Magazine Covers and Editorials
Her presence on magazine covers also adds to her income. She has appeared on various international editions of Vogue, including Vogue US, Vogue Paris, Vogue Italia, Vogue Britain, Vogue Japan, Vogue Spain, Vogue Australia, Vogue Brazil, Vogue Netherlands, Vogue Germany, and Vogue China. Other magazine covers include Numéro, Allure, Teen Vogue, Paper magazine, Dazed, and Harper’s Bazaar (United States, Malaysia). The financial details regarding the compensation for such appearances remain private.
Early Life and Background
Born Jelena Noura Hadid on April 23, 1995, in Los Angeles, Gigi Hadid’s upbringing played a role in her eventual success. Her mother, Yolanda Hadid, is a former model and a star of “The Real Housewives of Beverly Hills.” Her father, Mohamed Hadid, is a real estate developer who made his fortune developing Ritz Carlton hotels and other high-end real estate projects worldwide. Details regarding the locations and financial performance of these properties remain undisclosed, but they contributed to the family’s wealth and lifestyle.
Family Wealth and Settlements
Gigi Hadid’s father, Mohamed Hadid, was born in Palestine and has amassed a large fortune from the development of Ritz Carlton hotels and other upscale real estate ventures worldwide. However, in late 2019, his company faced financial challenges and was compelled to file for bankruptcy following a court order to dismantle an infamous Bel Air mansion. After the divorce of her parents when she was eight years old, Mohamed paid Yolanda a settlement. According to court documents, Yolanda received a settlement that included a $6 million house in Malibu, a mansion in Santa Barbara, several cars including an Escalade and Range Rover, $30,000 in monthly child support, and a $3.6 million cash payout.
Education
Gigi Hadid graduated from Malibu High School in 2013. She subsequently moved to New York City to pursue a degree in criminal psychology at The New School. However, she later paused her studies to fully commit to her modeling career, which proved to be a financially sound decision.
Career Milestones
Hadid’s career began at the age of two when she was discovered by Paul Marciano of Guess clothing. She modeled for Baby Guess before taking a break to focus on her education. Hadid returned to modeling in 2011 and was named the face of a Guess campaign in 2012. After moving to New York City, Hadid signed with IMG Models in 2013.
Breakthrough Year: 2014
Gigi Hadid experienced a breakthrough year in 2014. She made her New York Fashion Week debut in February 2014, walking for the Desigual show. In the same month, she graced the cover of CR Fashion Book Magazine, marking her first high fashion shoot. Also in 2014, Hadid appeared in Tom Ford Eyewear’s autumn/winter campaign alongside Patrick Schwarzenegger, as well as other Tom Ford campaigns, including Tom Ford F/W/ 2014, Tom Ford Velvet Orchard Fragrance, and Tom Ford Beauty 2014.
Model of the Year and Brand Ambassador
In January 2015, Gigi Hadid was named Model of the Year by the Daily Front Row and also became an ambassador for cosmetics brand Maybelline. By May 2015, she had walked for designers such as Marc Jacobs, Chanel, Michael Kors, Jean Paul Gaultier, and Max Mara. She was also named brand ambassador for the Australian swimwear brand Seafolly.
Victoria’s Secret Fashion Show
Gigi Hadid made her first appearance as a model in the Victoria’s Secret Fashion Show in December 2015. The financial terms of her contract with Victoria’s Secret are not public, but it is known that Victoria’s Secret Angels can earn significant amounts.
Runway Appearances
Hadid is a regular presence on runways around the world and has walked for brands such as Anna Sui, Miu Miu, Giambattista Valli, Balmain, Diane Von Furstenberg, Jeremy Scott, Missoni, and H&M, among others. The exact compensation for her appearances on runways has not been disclosed.
Campaigns
Besides her Guess and Tom Ford campaigns, Hadid has been featured in campaigns for Versace, Penshoppe, Balmain, Topshop, Max Mara, Stuart Weitzman, and Fendi. The revenue generated from these campaigns significantly contributes to her overall Net Worth.
Awards and Recognition
Gigi Hadid won the award for International Model of the Year at the British Fashion Awards in 2016. In 2017, she was named Glamour Magazine’s Woman of the Year, alongside Nicole Kidman and Solange Knowles. While these awards do not directly increase her Net Worth, they enhance her brand image and potentially lead to more lucrative opportunities.
Other Ventures
In addition to modeling, Gigi Hadid has explored other creative avenues. She served as the photographer for the Versus (Versace) Spring/Summer 2017 campaign and produced a special summer edition of V Magazine titled “Gigi’s Journal,” which featured Polaroid photographs she took. She also made a brief foray into acting, appearing in the 2012 short film “Virgin Eyes.”
Real Estate Investments
Gigi Hadid has made strategic investments in real estate, further enhancing her Net Worth. In 2015, she purchased a two-bedroom condo in the Noho neighborhood of New York City for $4 million. In 2018, she acquired a three-bedroom duplex in the same building for $5.8 million. In 2020, Hadid submitted plans to combine the two condos into one larger unit.
Sister’s Real Estate
Gigi Hadid’s sister, Bella, owns a penthouse apartment just a few blocks away, which was acquired in November 2019 for $6.1 million. These real estate investments are indicative of the Hadid family’s overall financial success.
Personal Life
From 2013 to 2015, Gigi Hadid was in a public relationship with Australian singer Cody Simpson, appearing in his music videos for “Surfboard” and “Flower.” Following their split, she began dating English singer Zayn Malik in late 2015. She appeared in his music video for “Pillowtalk,” and the couple also appeared on the August 2017 cover of Vogue magazine together. They first broke up in March 2018, reuniting briefly in June before splitting for a second time in November that same year. They reunited once again in January 2020.
