1. Justin Bieber
Born: March 1, 1994 (age 18), London
Net Worth: $110 million
Source of Wealth: Music, TV
Total earnings: $53 million
Best Known as: "The Hottest & Most Wanted teen in the Universe".
Justin Drew Bieber is a Canadian pop musician. According to Forbes 2012 Top-Earning Celebrities under 30, Justin Bieber made $55 million from May 2011 to May 2012. All seven songs of his debut EP album “My World” charted in the BillBoard Hot 100. As of May 2012, he has sold 15 million albums. His upcoming album is called “Believe” and its first single is “Boyfriend”
2. Miley Cyrus
Born: November 23, 1992 (age 20), Nashville
Net Worth: $120 million
Source of Wealth: Music, Television, Fashion
Total earnings: $48 million
Best known for: Her role as Miley Stewart/Hannah Montana on the Disney Channel "Hannah Montana".
Miley Ray Cyrus is an American actress and singer-songwriter. She was on the first spot in 2011 but ranked 2 this year because Justin Bieber has topped the list of richest teen celebrities this year. Miley Cyrus has had her share of controversies with her growing fame.
3. Taylor Lautner
Born: February 11, 1992 (age 20),Grand Rapids
Net worth: $40 million
Source of Wealth: Actor, model, voice actor, martial artist, Films
Total earnings: $12.5 million
Best known for: playing Jacob Black in The "Twilight Saga" film series
Taylor Daniel Lautner is an American actor, voice actor, model, and martial artist. Lautner is best known for playing Jacob Black in The Twilight Saga film series based on the novels of the same name by Stephenie Meyer.
Twilight (2008): $1,000,000
New Moon (2009): $4,000,000
The Twilight Saga: Eclipse (2010): $7,500,000 + 2.5% of the profits
Abduction (2011): $7,500,000
The Twilight Saga: Breaking Dawn – Part 1 (2011): $12,500,000 + 7.5% of the gross
The Twilight Saga: Breaking Dawn – Part 2 (2012): $12,500,000 + 7.5% of the gross
4. Nick Jonas
Born: September 16, 1992 (age 20), Dallas
Net Worth: $18 million
Source of Wealth: Music, TV shows
Total earnings: $8.5 million
Best-known for: His part in the Jonas Brothers
Nicholas Jerry "Nick" Jonas is an American singer-songwriter, musician, actor and multi-instrumentalist, best known as one of the Jonas Brothers, a pop-rock band he formed with his brothers Joe and Kevin. He has appeared in his own films Camp Rock and Camp Rock 2: The Final Jam. He formed a separate group called Nick Jonas and the Administration.He earned from his TV and broadway performances, and record sales.
5. Dakota Fanning
Born: February 23, 1994 (age 18), Conyers
Net Worth: $16 million
Source of Wealth: Film, Television
Total earnings: $4 million
Best-known for: Her role in the blockbuster film "Twilight: Breaking Dawn"
Dakota Fanning has been a cast member of popular movies such as "War of the Worlds," "Charlotte’s Web" and "Man of Fire". She gained audience by a popular American Drama “I am Sam”
6. Angus T. Jones
Net Worth: $15 million
Source of Wealth: Television (425, 000 per episodes of Two and a Half Men), singing
Total earnings: $7.9 million
Better known as: “Half” in his Television Show
Angus Turner Jones is an American actor. The young actor is said to earn $300,000 per episode for his role on the TV show "Two and a Half Men" and for signing a contract he was given an extra bonus of $500,000.
7. Jaden Smith
Born: July 8, 1998 (age 14), Malibu
Net Worth: $8 million
Source of Wealth: Actor, Rapper, Songwriter, Dancer
Total earnings: $5 million
Best-known for: His lead role in the film "The Karate Kid"
Jaden Christopher Syre Smith is an American teen actor, rapper, dancer. He is a brother of Willow smith and son of Will Smith.He has become the highest paid child star with his splendid leading role in Hollywood Movie "The Karate Kid" with Jackie Chan. His biggest break came when he became part of the film "The Pursuit of Happiness" alongside his dad in 2006 and “Men in Black II” in 2002 as a cameo role.
8. Selena Gomez
Born: July 22, 1992 (age 20), Grand Prairie
Net Worth: $5.5 million
Source of Wealth: Television, Music, Fashion
Best-known for: Her role as Alex Russo in Disney Channel Emmy Award-winning television series "Wizards Of Waverly Palace”
She founded a pop band "Selena Gomez and The Scene" & is the lead vocalist of the band. She is currently working with UN on different projects in 2008 and was designated UNICEF Goodwill Ambassador. She earned $30,000 per episode of the series "Wizards Of Waverly Palace”.
9. Willow Smith
Born: October 31, 2000 (age 12), Los Angeles
Net Worth: $4 million
Source of Wealth: Singer, Actress
Willow Camille Reign Smith is an American child actress and singer. She is the sister of Jaden smith & daughter of the popular singer, actor, and rapper Will Smith and Jada Koren Pinketh Smith, who is also an actress, singer-songwriter, and director. She got all the talent from her legend parents and became popular after doing a film ” I am Legend”.
10. Elle Fanning
Born: April 9, 1998 (age 14), Conyers
Net Worth: $2million
Source of Wealth: Film, Television, Singer
Total earnings: $1.5 million
Mary Elle Fanning, known as Elle Fanning, is an American actress. She is the younger sister of actress Dakota Fanning. She holds multiple awards that includes Young artist award multiple times, MTV Movie Award. She became popular and known when she first appeared at “Super 8″.