London, Aug 16 (IANS): Singer Justin Bieber has been named Hollywood's richest teenager after earning a reported $53 million in 2010.
The 17-year-old topped People magazine's annual list, defeating the likes of Miley Cyrus and his actress girlfriend Selena Gomez.
Justin's earnings are said to have increased after the success of his 3-D concert movie, "Never Say Never" and from sales of his new perfume "Someday", reports femalefirst.co.uk.
Cyrus, 18, estimated earning is $48 million, while 19-year-old Gomez banked just $5.5 million in comparison.