Miley Cyrus tops list of richest teen celebrities

Miley Cyrus is already way richer than her dad, Billy Ray, and she's only 15.

By Associated Press

Last update: April 24, 2008 - 10:38 AM

NEW YORK - Miley Cyrus is already way richer than her dad, Billy Ray, and she's only 15.

People magazine reports that the Miley Cyrus franchise will be worth a projected $1 billion by the end of the year. She tops the magazine's list of the richest teen celebrities.

Not that Miley is seeing much of the money. Her mom says most is invested and Miley can't touch it until she's 18.

The Jonas Brothers are also on the list, making $12 million a year. Fourteen-year-old Dakota Fanning makes $4 million per movie.

Twelve-year-old Abigail Breslin makes $2 million per film, but has to live on an allowance of $11 a week.

Thirteen-year-old Mark Indelicato makes nearly a half-million dollars for a season of "Ugly Betty," but he has an allowance of $50 a week.

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