Models (including Gisele) Make $150 per day Working for Vogue Magazine

All you kids who want to be next Tyra Banks or Tyson Beckford, you better keep your day job - or get a day job!

Condé Nast (publisher of Vogue, Teen Vogue, etc.) pays their models nothing per day for fashion editorials. In fact, the day rate for new models is $150. But after two years, that rate increases to a whopping $250. That's according to Models.com managing editor and former agent Betty Sze.

"That means if you are Gisele [Bündchen] and work for American Vogue 2 days in a row, you would make $500. Many editorials pay nothing," she says.

"Condé Nast doesn't have to pay anything, I don't even know why they do," Sze adds. "Girls don't do editorial for money! Getting editorials and covers of French Vogue for example, drives up your rate for everything else and gets you noticed by the huge money clients like Lancôme and Estée Lauder. Simple. Editorials and covers are the path towards the real money."

But how many new model land those lucrative beauty and fashion campaigns? They have to compete with actresses (and reality TV stars).

So, you aspiring models. Follow your dreams, but be realistic, too.


In other fashion news:

• Robin Givhan, staff writer at The Washington Post, will be relocating from New York to Washington to cover Michelle Obama's style all the time.
• Lauren Conrad's (of "The Hills") clothing line has been discontinued.. While she places blame on the current "economic climate", we hear she had no orders. No orders. No sales. No line.