Kendall Jenner has topped Forbes’ list of the highest-paid models for a second year in a row.

The Keeping Up With the Kardashians star, 23, raked in $US22.5 million in the 12 months to June 2018 and even out-earned, according to the business publication.

Forbes credited Jenner’s huge payday for her contracts with Estee Lauder, Adidas and Calvin Klein.

She out-earned her closest rival Karlie Kloss, who is No. 2 with $US13.5 million. Chrissy Teigen and Rosie Huntington-Whitely tied in third place with a $US11.5 million pay cheque each, Forbes reports.

Cara Delevingne and catwalk veteran, Gisele Bundchen rounded out the top 5 with $US10 million each. Gigi Hadid was No. 5 with $US9.5 million  and her sister, Bella Hadid, came in at No. 6 with $US8.5 million .

See full list below.

1. Kendall Jenner -  $22.5 million

2. Karlie Kloss - $13 million

3. Chrissy Teigen - $11.5 million

3. Rosie Huntington-Whiteley - $11.5 million

5.  Cara Delevingne - $10 million

5. Gisele Bündchen - $10 million

7. Gigi Hadid - $9.5 million

8. Bella Hadid - $8.5 million

8. Joan Smalls - $8.5 million

10.  Doutzen Kroes - $8 million