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Miley Cyrus Is People Magazine's Richest Teen Celebrity

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 dollars 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 dollars a year. Fourteen-year-old Dakota Fanning makes 4 million dollars a movie.

Twelve-year-old Abigail Breslin makes 2 million a 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.