Justin Bieber tops list of richest teens in Hollywood

justin-bieber-water-bottle.jpgEverything is coming up Bieber. The 17-year-old Canadian pop star was just named the richest teen in Hollywood by People magazine, which estimates the "Baby" singer made $53 million between May 2010 - May 2011.

Coming in a close second was teen queen Miley Cyrus who brought home $48 million. The list also includes "Team Jacob" head Taylor Lautner ($16 million), Nick Jonas ($12.5 million), Charlie Sheen's one-time TV nephew Angus Jones ($6 million), Bieber's girlfriend Selena Gomez ($5 million) and Will Smith's kids Jaden ($5 million) and Willow ($4 million).

But the Biebs is still the king. His trip to the top of the teen pay scale was driven by the nearly $100 million box office for his concert film "Never Say Never." The film ranks as the top grossing concert film of all time beating out Michael Jackson's "This is it" and Miley Cyrus' "Best of Both Worlds."

Justin Bieber isn't just on top of the money list either. Forbes put him third on their list of "Most Powerful Celebrities" in May. The only two entertainers ranked higher than "The Coiffe" are Lady Gaga and Oprah.
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