In the run-up to the gala, several publications have claimed that the top three Ballon d'Or shortlist had been leaked, with each one naming a different trio.
Speaking after picking up the award, Modric said: "It is a unique feeling".
Victory caps a stellar year for Modric, who also was named the world's top male player at the Best Fifa Football Awards and received the Golden Ball award for the best player at the World Cup. "I have sensational feelings in me at the moment which I find hard to describe".
The teenage talent has enjoyed a sensational year, winning a plethora of domestic titles with the Parisians, as well as lifting the World Cup with Les Bleus in Russian Federation over the summer.
Priyanka Chopra, Nick Jonas arrive in Jodhpur for wedding festivities
Priyanka will be boarding the helicopter from Udaipur and the helicopter will directly land at Umaid Bhawan Palace on November 29. As previously reported Nick and Priyanka's sangeet , mehendi and haldi ceremonies will take place in Jodhpur.
Varane played every minute of France's victorious World Cup campaign, even captaining the team in the draw with Denmark that ensured they topped the Group C, while he also later scored the crucial opening goal in the 2-0 quarter final win over Uruguay.
It is the first time in 10 years neither Ronaldo nor Messi has been recognised as the world's best player for France Football's acclaimed award.
The 19-year-old fended off stiff competition from Liverpool's Trent Alexander-Arnold, Borussia Dortmund's Christian Pulisic, Roma's Justin Kluivert and AC Milan duo Gianluigi Donnarumma and Patrick Cutrone among other young stars.
AS has obtained the list which displays the winners hours before the actual announcement is set to take place.
If Modric does indeed lift the trophy, it will be the first time since 2007 - when Kaka won the award - that it has not gone to Messi or Ronaldo.