Brazilian beauty Gisele Bundchen has topped Forbes' highest paid models list after earning a staggering $45 million in a year.

The list, which covers models' earnings from May 2011 to May 2012, shows the catwalk star had a hugely lucrative 12 months thanks to bumper pay deals from Versace and Pantene. Bundchen, who is married to football legend Tom Brady, also lends her name to several fashion products.
 
British model Kate Moss came a distant second - earning nearly $10 million due to contracts with Topshop, Mango and Rimmel.

Russian stunner Natalia Vodianova, the face of Calvin Klein, earned $8.6 million to come third in the list, while Victoria's  Secret model Adriana Lima landed fourth place with $7.3 million.

Dutch beauty Doutzen Kroes rounded out the top five with estimated earnings of $7 million.

Heidi Klum, a regular fixture on previous lists, was deemed more of a businesswoman than a model and removed from Forbes' calculations.

Slideshow: Sexy Gisele Bundchen Photos