Justin Bieber the new Richest hollywood teenager

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.

Justin Bieber wants his fans to be a part of his movie .

Justin Bieber makes fans' dreams come true by offering his most loyal supporters the chance to act in his forthcoming feature film.
The teenager pop singer is set to star in his own 3D film trading his star rise to fame and the document includes concert scenes.
And the 16-year-old gives his followers the chance to appear in the film through their videos of themselves singing along to one of his hits in the future.
It is believed the film is a collage of fan footage made its way before me and you Smirk feature.
The movie is supposed to be in theatres in feburary 2010