A list compiled by global business magazine Forbes showed that Chinese supermodel Liu Wen is now the world's 7th top-earning model with an earnings of US $7 million.

Liu is the only model from Asia who made the top 10 in the list, which ranks world's highest-paid models based on their earnings between June 2013 and June 2014.

This year's list is topped by Brazilian model Gisele Bundchen with his US$ 47 million earnings during the reported period.

Based on the Forbes ranking, the models in the top 10 of the list made a combined earnings of US$ 105 million between June 2013 and June 2014.

Here are the World's Top 10 Highest-Earning Models:

10. Natalia Vodianova (US $4 million)

09. Hilary Rhoda (US $5 million)

08. Alessandra Ambrosio (US $5 million)

07. Liu Wen (US $7 million)

06. Miranda Kerr (US $7 million)

05. Kate Upton (US $5 million)

04. Kate Moss (US $7 million)

03. Adriana Lima (US $8 million)

02. Doutzen Kroes (US $8 million)

01. Gisele Bundchen (US $47 million)

In Hollywood, Oscar winner Sandra Bullock is Hollywood's highest paid actress with estimated earnings of US $51 million over 12 months, followed by Jennifer Lawrence and Jennifer Aniston, Forbes said.

Forbes compiled the list by estimating earnings from the actresses' film work, endorsements, residuals and advertising work, and by talking to agents, managers and lawyers.

Gwyneth Paltrow, 41, who made an estimated US $19 million, and Angelina Jolie, with US $18 million, rounded out the top five. Jolie, 39, dropped from No. 1 last year.

Scarlett Johansson, the 29-year-old star of the sci-fi action thriller "Lucy," came in seventh with US $17 million, and "Twilight" star Kristen Stewart, 24, fell from No. 3 last year to 10th place with earnings of US $12 million.