Justin Bieber has topped People Magazine's Hollywood teen rich list beating Miley Cyrus, Twilight hunk Taylor Lautner, Jaden and Willow Smith, and even his girlfriend Selena Gomez to the massive title.
Justin Bieber reportedly earned $53 million over the last year, Cyrus raked in $48 million and Lautner added an extra $8.5 million to his bank balance.
Gomez earned $5.5 million over the last 12 months, Jaden and Willow Smith earned $9 million collectively and Nick Jonas raked in an additional $12.5 million.
What on earth will they do with all that money?
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