Richest Teen Celebrities of the Year

Talent is not reserved for grownups only, and neither is wealth, apparently. The film and music industries are producing many young stars, also filling their accounts with pots of money. Here we have a list of the top ten teenage millionaires who earned their money with talent, hard work and a little bit of luck too. They are on their way of becoming even richer as they continue to build up their careers, so we’re sure we will be hearing a lot about them in the future.

  1. Justin Bieber

Number one on the list is a world-famous Canadian singer, songwriter, producer, actor, investor and entrepreneur. He is 18, and his career started at only 13, when his singing talent was discovered by mistake via YouTube. His name is Justin Bieber and his fans are known as “Beliebers”, but you already know all that!

What you are probably less familiar with is the amount of money he makes from singing, acting and just being a cutie. According to Forbes Magazine, the young star earned $55 million between May 2011 and May 2012, and now his personal net worth is a staggering $110 million! A huge fortune for a kid who only started his career about 5 years ago.

  1. Miley Cyrus

Beautiful and truly talented, Miley Cyrus practically grew up in front of the cameras, becoming a teen idol when she became Hannah Montana back in 2006. She is almost 20 years old (her birthday is coming up in November) and as she grows more mature, her looks and projects also change. She’s been in the entertainment industry since she was 8, so she had enough time to raise herself a little fortune. Right now her estimated net worth is of $100 million.

  1. Taylor Lautner

He started out as a teenage idol and then gradually turned into a really hot sex symbol as he approached the ripe age of…20. Most famous for his role in the Twilight Saga, Taylor Lautner is worth about $40 million. In 2010 he was the highest-paid teenage actor, and here is why: the role of Jacob brought him $1 million in the first movie, $ million in the second, and $7.5 million plus 2.5% of the profits in the third movie. The two parts of Breaking Dawn were the best paid movies in his career, as they brought him $12.5 million each, plus $7.5% of the gross incomes. Of course, his fortune was not built on his werewolf role alone. Lautner also played in other movies, such as Abduction (2010), which increased his accounts by $7.5 million.

  1. Nick Jonas

The young and very handsome Nick Jonas started his career very early, because he was first discovered at age 6, when he was waiting for his mother to get a haircut in a barber shop. From here he was directed to a professional show biz manager, and at only 7 years of age he was already performing on Broadway. He is best known for being one of the Jonas Brothers, and then part of the Nick Jonas and the Administration band. Nick is a musician, singer, songwriter, multi-instrumentalist and actor too. All this activity in the entertainment world brought him quite a fortune: he is currently (at age 20) worth $18 million.

  1. Dakota Fanning

Beautiful, young, fresh, intelligent and incredibly talented. What a simple recipe for overwhelming success and really fat accounts! Dakota Fanning – because that’s who we are talking about here – has an angelic face with fair hair and lovely blue eyes, and she still looks like a doll at 18 years old. However, her fairy-like appearance did not consecrate her to easy roles alone. On the contrary, her childhood and teenage years were filled with hard work and oftentimes very mature acting.

Complex characters and difficult (sometimes even controversial) scenes made her acting career a true joy to follow. Her current net worth is $16 million, and some of her most famous movies are I Am Sam, Man of Fire, Charlotte’s Webb, War of the Worlds.

  1. Angus T. Jones

Most people know him as Jake Harper, the chubby, funny boy in the hit sitcom Two and a Half Men. He is now 19 years old, but he started working with Charlie Sheen and Jon Cryer when he was only eight. The famous TV series is not the only place where fans can see Jones acting. He also had supporting roles in The Rookie, George of the Jungle 2, See Spot Run, Bringing Down the House, and The Christmas Blessing. Until he turned 18, he was the highest paid child TV star, receiving $300,000 per episode for his role as Jake. He is now worth $15 million.

  1. Jaden Smith

Only 14 years old and a millionaire, Jaden Smith is the cute and talented son of Will Smith and Jada Pinkett Smith. He had the honor of working with his father in The Pursuit of Happiness, and he won the MTV Movie Award for Breakthrough Performance, plus a couple of other awards and nominations. This was an excellent start for his career, but the young man didn’t stop at acting. He is also a talented rapper and dancer, winning pots of money with his every performance.

  1. Selena Gomez

Aged 20, Selena Gomez s another singer and actor who needs no pocket money from her parents. She started her career as a sweet actress, being famous for her role as Alex Russo in the award-winning TV series Wizards of Waverly Place. After enjoying some full years on the screen, she also started exploring and building on another talent of hers, which was singing. Her career as a singer debuted by founding the pop band Selena Gomez & the Scene. Her current net worth is somewhere between $4 million and $5.5 million. Oh, and let us not forget who her boyfriend is – 18 year old Justin Bieber!

  1. Willow Smith

Talent really runs in the famous Smith family! Both parents actors, both kids young stars. Willow is the younger sister of Jaden Smith, aged 11, and she already has a blooming career as a singer and child actress. Her acting debut happened in 2007, when she played alongside her father in I Am Legend. Her current net worth exceeds $4 million, which means she already doesn’t have to worry about money for the rest of her life. And Willow’s career is just at the beginning!

  1. Elle Fanning

Another talent-rich family is that of Elle and Dakota Fanning, two young actresses who already have tons of fans around the world. Elle is 14, but her acting career started when she was only 3. With a net worth of approximately $2 million, Elle is following on her older sister’s steps in becoming a teenage movie star and millionaire. Sci-fi-drama blockbuster Super 8 brought her $1.5 million in 2011. This was also the movie that brought Elle a bunch of awards and nominations, bringing her an extra wave of fame.