Kate earns £7mn by winding up company

Last Updated: Jan 08, 2011, 19:59 PM IST

London: Kate Moss reportedly earned 7 million pounds in December last year by winding up one of her companies.

The windfall was on top of the 6.1 million pounds she earned last year - which had already made her the third highest-paid model in the world, reports the Sun.

The 36-years-old beauty set up private firm Skate Enterprises in 1993 to take in all her modeling fees.

She decided to close it in 2008 due to tax law changes, but its complex finances meant it was only finalised last month.

Kate drew 69,885.65 pounds for each of her 100 shares - a total of 6.9million pounds.

Documents lodged with Companies House also showed the firm had to pay 1.25million pounds in tax.

ANI