Singer Justin Bieber has been named Hollywood's richest teenager once earning a reported $53 million in 2010.
The 17-year-old topped folks magazine's annual list, defeating the likes of Miley Cyrus and his actress girlfriend Selena Gomez.
Justin's earnings are said to possess increased once the success of his 3-D concert movie, "Never Say Never" and from sales of his new fragrance "Someday", reports femalefirst.co.uk.
Cyrus, 18, estimated earning is $48 million, whereas 19-year-old Gomez banked simply $5.5 million as compared.
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