Gigi Hadid is more than just a fashion icon; she’s a savvy businesswoman whose empire extends far beyond the runway. Known for her striking looks and impressive modeling career, Gigi has carefully built her net worth through various ventures, ranging from modeling gigs to brand endorsements, real estate investments, and collaborations.
In this article, we’ll delve deep into Gigi Hadid’s net worth, how she’s grown her financial empire, and the businesswoman behind the model.
Who is Gigi Hadid?
Gigi Hadid burst onto the fashion scene as one of the most sought-after supermodels of her generation. Born Jelena Noura Hadid on April 23, 1995, in Los Angeles, California, Gigi grew up in the spotlight. Her mother, Yolanda Hadid, is a former model, and her father, Mohamed Hadid, is a luxury real estate developer. With her family’s influence and support, Gigi rose to fame early, becoming a household name not only for her modeling but also for her ventures beyond the runway.
Today, Gigi Hadid is estimated to have a net worth of $29 million (as of 2024), according to Forbes and Celebrity Net Worth. But what exactly contributes to her massive fortune, and how has she diversified her career to become a business mogul? Let’s break it down.
What is Gigi Hadid’s Net Worth?
As of 2024, Gigi Hadid’s net worth is estimated to be around $29 million. Her earnings come from a combination of modeling contracts, brand endorsements, and business ventures. Notably, Gigi has worked with some of the world’s most prestigious fashion houses and brands, contributing significantly to her wealth.
Breakdown of Gigi Hadid’s Income Streams:
- Modeling contracts: With elite agencies and global brands, her runway appearances and photoshoots command top-dollar fees.
- Endorsements: Long-term partnerships with companies like Maybelline, Tommy Hilfiger, and BMW contribute heavily to her fortune.
- Real Estate Investments: Gigi has made strategic real estate investments in New York and Los Angeles, adding millions to her wealth.
- Fashion Collaborations: Her collections with Tommy Hilfiger and other brands showcase her skills not just as a model but also as a designer.
Gigi Hadid’s Net Worth Growth Over Time
Gigi’s net worth didn’t balloon overnight. Her financial growth has been a steady climb, reflecting her growing presence in the fashion and business world.
Year-by-Year Net Worth Growth:
| Year | Estimated Net Worth (in millions) |
|---|---|
| 2015 | $2 million |
| 2016 | $9 million |
| 2017 | $13 million |
| 2018 | $19 million |
| 2020 | $25 million |
| 2024 | $29 million |
Key Milestones in Net Worth Growth:
- 2015: Gigi lands her first big break with Victoria’s Secret Fashion Show, launching her into the global spotlight.
- 2016: A year of lucrative deals with Maybelline and Tommy Hilfiger.
- 2018: Her collaboration with Reebok and a continued partnership with Versace increase her income.
- 2020: Despite a global pandemic, Gigi’s strategic brand collaborations keep her net worth on the rise.
Gigi Hadid’s Career Highlights
Early Career and Breakthrough
Gigi’s modeling career began early, with her first appearance as a Baby Guess model at just 2 years old. After taking a break to focus on her education, she returned to modeling in her teens, signing with IMG Models in 2013. Her breakthrough came in 2015 when she walked in the Victoria’s Secret Fashion Show, catapulting her into international fame.
Major Endorsements and Brand Collaborations
Throughout her career, Gigi has partnered with numerous global brands, turning her face into one of the most recognized in fashion. Some of her major endorsement deals include:
- Maybelline: Gigi became the face of the cosmetics giant, launching her makeup collection and being a brand ambassador.
- Tommy Hilfiger: Gigi co-designed a fashion line, Tommy X Gigi, which became a massive success, reflecting her eye for design.
- Reebok: Partnering with the athletic brand, Gigi explored the growing athleisure market, solidifying her influence beyond high fashion.
Entrepreneurial Ventures
Beyond modeling, Gigi has showcased her entrepreneurial skills through various fashion-related ventures. Her Tommy X Gigi collections have been a significant contributor to her fortune, with several successful seasons that attracted a younger, fashion-forward audience.
Her entrepreneurial efforts extend beyond fashion. Gigi has invested in real estate, purchasing multi-million-dollar properties in New York City and Los Angeles. These investments have appreciated significantly over time, further boosting her wealth.
Gigi Hadid’s Income Streams and Assets
Modeling Income
Gigi is among the highest-paid models in the world. According to Forbes, she made approximately $10 million in 2023 from runway shows, fashion campaigns, and magazine covers. Her ability to command top-tier modeling fees stems from her high-profile status in the industry.
Endorsements and Sponsorships
Gigi’s endorsement deals have been incredibly lucrative. Her contracts with Reebok, Maybelline, and Tommy Hilfiger alone contribute millions to her annual income. Maybelline selected her as their brand ambassador in 2015, solidifying her as a major force in beauty marketing. Her collaboration with BMW is another notable endorsement.
Real Estate Holdings
Gigi has made smart real estate investments. Her $5.8 million penthouse in New York City’s NoHo neighborhood is a prime example of her wise investment strategy. She also owns a $4 million condo in Los Angeles. These properties have appreciated over time, contributing to her overall net worth.
Social Media Influence
With over 80 million Instagram followers, Gigi Hadid is also a social media powerhouse. She earns substantial income from sponsored posts, which can range from $100,000 to $300,000 per post. Brands such as Chanel, Prada, and Valentino regularly feature her on their platforms due to her vast influence.
Other Investments
While details of her other investments aren’t always made public, it’s speculated that Gigi has interests in various ventures, including wellness and sustainable fashion. Given the rise of eco-conscious brands, it wouldn’t be surprising to see Gigi invest or collaborate with companies promoting sustainability.
The Businesswoman Behind the Model: Gigi Hadid’s Entrepreneurial Vision
Gigi Hadid’s entrepreneurial acumen is not just limited to her modeling career. She has ventured into various fields, establishing herself as a multi-faceted businesswoman.
Fashion Collaborations
Her most notable business endeavor has been the Tommy X Gigi collaboration with Tommy Hilfiger, a testament to her fashion expertise. The line sold out in many markets, generating substantial revenue for both Gigi and the brand.
Future Projects
While Gigi has yet to launch her own full-fledged fashion line, industry insiders speculate that she may be planning more extensive business projects in the future, possibly in the beauty, wellness, or tech industries.
Gigi Hadid’s Personal Life and Relationships
Relationship with Zayn Malik
Gigi’s high-profile relationship with Zayn Malik, a former member of One Direction, has often captured media attention. The couple has been on and off since 2015 and welcomed their daughter, Khai, in 2020. The relationship has brought even more media visibility to Gigi, contributing indirectly to her brand’s growth.
Family Influence
Gigi’s mother, Yolanda Hadid, and her sister, Bella Hadid, have been instrumental in shaping her career. Yolanda, being a former model, gave Gigi insider knowledge of the industry, while Bella’s rise as a model has brought the Hadid name even further into the spotlight.
Balancing Motherhood and Career
Since becoming a mother, Gigi has been vocal about the importance of balancing her career and family life. She has taken a step back from some high-profile modeling gigs but remains heavily involved in her business ventures. Her decision to prioritize both career and family showcases her ability to excel in multiple roles.
Gigi Hadid’s Social Media Empire
Instagram Dominance
With millions of followers on Instagram, Gigi is one of the most influential figures in fashion and pop culture. She uses her platform to promote not just her career but also her business ventures and personal values. Posts highlighting her collaborations with brands like Versace and Maybelline have garnered millions of views.
Social Media Earnings
It’s estimated that Gigi makes upwards of $300,000 per sponsored post on Instagram. Her social media presence plays a crucial role in her brand partnerships and overall income.
Challenges and Controversies
Like many public figures, Gigi has faced her share of controversies. From public breakups to legal disputes over paparazzi photos, Gigi has navigated the spotlight with grace. She has also faced criticism for cultural appropriation, which she addressed with sincere apologies and a commitment to learning from her mistakes.
Conclusion: Gigi Hadid’s Ever-Expanding Empire
Gigi Hadid has gone from being a top model to a business mogul. With her various income streams, including modeling, endorsements, real estate, and fashion collaborations, Gigi has built a financial empire that continues to grow. Her estimated net worth of $29 million in 2024 is just the beginning, as she shows no signs of slowing down.
Gigi Hadid’s net worth isn’t just a reflection of her modeling career; it’s a testament to her business savvy, social media dominance, and ability to remain relevant in an ever-changing industry. As she continues to evolve, Gigi is sure to inspire future generations of models, entrepreneurs, and businesswomen.
