The 35-year-old girlfriend of Brad Pitt beats Catherine Zeta-Jones' lucrative £3.2m T-Mobile contract with the Vuitton deal, which will see her take home almost double the cash normally bagged by celebrities for endorsing big-name brands.
It's believed renowned photographer Annie Leibovitz will shoot the mum of six's advertising campaign in the next couple of weeks, with the resulting snaps set to appear in newspaper and magazines later this year.
The Estee Lauder deal signed by Jolie's fellow actress (and one-time Pitt lover) Gwyneth Paltrow was reported to be worth around £1.9m, while Nicole Kidman received £2.5m per year to be the face of Chanel perfume.
Oscar winner Jolie, a known fan of Louis Vuitton products and the brand's chief designer Marc Jacobs, fulfilled two previous modelling contracts - one for luxury cosmetics label Shiseido and the other for fashion firm St John.
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