Justin Bieber Named Hollywood’s Richest Teen Star 2011

The year 2011 seems to be a lucky year of Justin Bieber as he not only has won numerous prestigious prizes including Teen Choice Awards and Billboard Music Awards, but also peaks the list of Hollywood’s Richest Teenagers by PEOPLE magazine.

He surpassed fellow Miley Cyrus, who was spotted No. 1 in last year’s ranking, after earning a reported $53million in 2010 alone thanks to the success of his 3-D concert movie, “Never Say Never”, and big sale of his new perfume Someday.

Particularly, “Baby” singer and girlfriend Selena Gomez are considered as the richest teen couple, with “Monte Carlo” actress receiving $5.5million.

Former “Hannah Montana” star Miley Cyrus took home $48million from her tour.

Justin Bieber

 Earning a total of $53million in the previous year alone, award-winning artist Justin Bieber, 17, has proved that he is one of the world’s most powerful teens




Miley Cyrus

                                      Miley Cyrus, 18, earned $48million last year





Taylor Lautner

Taylor Lautner, 19, earned $8.5million reportedly thanks to the last two installments of the “Twilight” saga and was paid $7.5 million for his upcoming action-thriller film, “Abduction”





 Angus T. Jones

 American young actor Angus T. Jones has signed a current contract with “The Two and a Half Men” worth of an incredible $7.8million, he earned $300,000 per episode






Nick Jonas

 American singer-songwriter Nick Jonas is the richest star in Jonas Brothers band, reportedly earning a total of $12.5 million last year





Selena Gomez

 2011 Teen Choice Award winner Selena Gomez made $5.5 million last year






Jaden and Willow Smith

Hollywood superstar Will Smith’s kids, Jaden and Willow Smith, earned a total of  $9million last year. Jaden, 13, made $5 million, with $3 million from The Karate Kid, while his sister Willow, 9, got an estimated $4 million including her hit single “Whip My Hair





 Dakota and Elle Fanning

Dakota and Elle Fanning received a huge amount from their most recent movies. While Dakota, 17, got $4 million for “Breaking Dawn”, her sister Elle, 13, got $1.5 million for Super 8