Justin Bieber Tops List Of Richest Teen Entertainers

People magazine reports Bieber made $53 million last year, followed by Miley Cyrus, Taylor Lautner and others.

[artist id="3187077"]Justin Bieber[/artist] had a very good year. Seriously, like a major one that rivals most corporate CEOs'. According to a People magazine ranking of the top-earning teen actors and musicians, Bieber, 17, raked in $53 million in 2010.

Most of that cash came from his smash movie, "Never Say Never," and his hit fragrance, "Someday." (By contrast, girlfriend Selena Gomez made $5.5 million.) Bieber reached that big-baller level thanks to the record-breaking returns from "Never," which is the most successful concert-themed film in U.S. history, with more than $73 million earned to date.

Nipping at his heels was veteran teen starlet Miley Cyrus, whose haul was $48 million, almost all of it earned from touring.

Other big earners on the list include "Twilight" top wolf Taylor Lautner, who earned $8.5 million for the final two installments of the movie series, as well as $7.5 million for his upcoming starring debut in the action thriller "Abduction."

Nick Jonas had a very good year as well, with totals around $12.5 million, while "Two and a Half Men" star Angus T. Jones banked $7.8 million, thanks to a $300,000 per episode payday.

Jaden and Willow Smith made the list, with Jaden earning $5 million last year, $3 million of it from his starring role in "The Karate Kid," while sister Willow's music career rang up $4 million.

Acting sisters Dakota and Elle Fanning also did pretty well, with Dakota, 17, getting $4 million for "Breaking Dawn" and Elle, 13, taking home $1.5 million for "Super 8."