48-year-old former Sports Illustrated supermodel Kathy Ireland is apparently among the richest models in the world. Ireland is worth an estimated $350 million according to Forbes, in addition to a $2 billion from her stock company, which is quite more than the empires of Gisele Bundchen ($151 million), Tyra Banks ($90 million) and Heidi Klum ($70 million). (CBS News)

Teen actress AnnaSophia Robb is to star in a new Sex and the City prequel named The Carrie Diaries. The 18-year-old was mostly famous for playing opposite Johnny Depp in Charlie and the Chocolate Factory in 2005. Reportedly, Gossip Girl’s Blake Lively was rumoured to play the role, but eventually AnnaSophia was preferred due to her younger age. (Telegraph)

Formerly known plus-size model Crystal Renn is featured on the vivid cover of the March W Korea issue, showcasing a more offbeat style of neon bob, magenta lips and aqua eyes. (The Huffington Post)

Everybody wants to be a fashion icon! Kate Middleton has agreed to judge a shoe design contest and will also wear the winning look. Six finalists from De Montfort University in Leicester England will receive the opportunity to design a shoe for the Dutchess. (The Daily Mail)

More in the shoe department, record producer Kanye West designed the shoes with Dion Lee in the Aussie’s debut London Fall/ Winter 2012 presentation over the weekend. West has become more and more involved in the fashion industry over the past year and it’s most likely that we’ve not heard the last from Kanye. (Fashionista)

Closing our list of fashion highlights for this week, The Wall Street Journal compiled an interesting video of the best and worst from the 2012 Oscar Awards, featuring Angelina Jolie, Kristen Wiig, Meryl Streep, Gwyneth Paltrow and more.

Enjoy!