Kendall Jenner has been named the world’s highest-paid model.

Forbes magazine has declared 23-year-old American Kendal Jenner the world’s highest paid model.

The 23-year-old star of Keeping Up With The Kardashians made $US22.5 million ($A31.2 million) in the

12 months to June, Forbes magazine says.

Her wealth is said to have been generated from contracts with Estee Lauder, Adidas and Calvin Klein, among others.

Jenner was born in Los Angeles, California, to retired Olympic decathlete champion Caitlyn Jenner (previously Bruce) and television personality Kris Jenner. Jenner’s middle name was a tribute to her mother’s best friend Nicole Brown Simpson, who died just before Jenner was conceived.

She beat fellow supermodel Karlie Kloss to top spot on the magazine’s list.

Kloss is said to have earned $US13 million after capitalising on her hefty social media presence and signing lucrative deals with brands including Swarovski.

Jenner was raised with her sister and maternal half-siblings in Calabasas, an upscale suburb west of Los Angeles. Jenner attended Sierra Canyon School before switching to homeschooling in order to pursue modelling. She graduated in 2014.

The top 10 highest-paid models in the world reportedly made a combined $US113 million between June 1 2017 and June 1 2018, a slight rise from the previous year.

Despite Kendall topping the list of high earners in the modelling world, her pot paled in comparison to that of younger sister Kylie, according to Forbes.

They calculate the 21-year-old made an estimated $US166.5 million over the same time period, largely thanks to her Kylie Cosmetics makeup brand.