At the start of the month, they treated their fans to a steady stream of scintillating bikini snaps as they soaked up the sun on the Greek island of Mykonos.
And it has now been reported that Gigi Hadid, 23, and Emily Ratajkowski, 27, jetted off the island with nicely lined pockets after picking up generous payments for performing a ribbon-cutting ceremony at the Nammos Village shopping centre.
The glamorous beauties were photographed partying alongside supermodel Kate Moss, 44, at the exclusive event, for which they are said to have received $1.28 million (£977,500) apiece.
Pay day: Gigi Hadid, left, and Emily Ratajkowski, right, were reportedly paid $1.28 million apiece when they opened the Nammos Village shopping centre in Mykonos on June 30
Officials at the upscale shopping centre claim that at least 190 million people followed the opening party online and a host of influential bloggers reportedly received payments of $464,900 (£355,400) to attend the ceremony.
MailOnline has contacted representatives for Gigi and Emily for comment.
The models turned heads when they arrived at the event in typically glamorous style, wowing in colourful gowns as they hit the red carpet at the June 30 event.
Opening night: The models, who wore vibrant draping dresses, were the star attraction as they participated in the evening's ribbon cutting ceremony
Special guests: The stars wowed as they arrived at the exclusive event in typically glam style
Model behavior: Kate Moss, who wore a sparkling halter top, mingled with the two models over the course of the evening
Gigi caught the eye in a flowing pink dress, which featured a high neckline and a small cutout at the abs, teaming her gown of choice with clear strappy heels.
Meanwhile, Emily stepped onto the red carpet in a burnt orange sleeveless minidress, which boasted a waterfall sash feature, and white Reebok sneakers.
During the event, the two stars shared a laugh and a hug as they welcomed guests into Mykonos' newest shopping centre, before using giant scissors to cut the ribbon.
California native Gigi, who recently rekindled her romance with pop heartthrob Zayn Malik, made the most of her trip to island, remaining for more than a week - and sharing a number of shots of herself basking in the glorious sunshine.
Sunny: During her trip, Gigi took to Instagram to share shots of herself soaking up the sunshine
Sponsored: Model Emily took to Instagram to share shots, which included sponsored captions
London-born, California Emily also got her money's worth during her visit to the glitzy island, and kept her more than 18 million Instagram followers entertained with sizzling social media snaps.
Local media covering the event commented that the reward for showing up at the party of Nammos Village was intriguing given the difficult financial situation of many Greeks and the ongoing economic crisis.
Nammos Village is described as being the first shopping centre facility on the island to gather many big brands under one roof.
Itsy bitsy: London-born Emily displayed her sensational body in a skimpy polka dot srting bikini
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