Have you ever wondered who the richest teenagers in the world are? From Hollywood celebrity children to millionaire heirs, the wealthy youths on this list have a plush bank account to show for themselves, whether they’re hardworking or not. While Paris Hilton, Macaulay Culkin, and the Olsen Twins once graced the crown of richest teenagers on the planet, the new generation of young millionaires has arrived and is ready to take the lead.
Earning and managing money can be a hard task for a child to handle, but number one on our list of top 5 things to teach your teenagers about money is to encourage their money making ambitions. And we’re pretty sure all the contenders on this countdown were highly motivated in that regards, having achieved millionaire status before coming of age. These household names in Hollywood are all considered the richest teenagers in the world.
6. Miranda Cosgrove
Net worth: $7 million
This actress made her first film appearance in School of Rock when she was merely 10 years old and was actually listed in The Guinness Book of World Records as the highest paid child star in 2012, due to her lead role in the Nickelodeon TV series iCarly. At the time, Miranda was earning $180,000 per episode, which helped her reach her current net worth of $7 million and earned her a spot on the rich-teenager-list.
5. Jaden Smith
Net worth: $8 million
As Will Smith’s son, Jaden was lucky enough to be born into a family full of acting talent. And taking after his father and biggest role model, Jaden launched his Hollywood career in 2006, when he acted as Will’s on-screen son in The Pursuit of Happiness. However, the millions started rolling in after his lead role in The Karate Kid in 2013 and at the age of 16 his net worth surpasses that of some CEO’s.
4. Abigail Breslin
Net worth: $12 million
This tiny actress is a real bundle of talent and well on her way to becoming a respected Hollywood dame. The youngest starter on our list launched her career at the age of 3 and by the time she was ten already had an Oscar nomination in the bag. The prominence she gained from her role in Little Miss Sunshine also helped boost her salary and today, she’s one of the best paid teenage actresses in the industry.
3. Angus T. Jones
Net worth: $15 million
Although the “Two and a half men” star is technically not a teenager anymore, as he recently turned 21, he had reached his millionaire status several years ago, so we decided to count him in. After 10 years of playing Charlie Sheen’s nephew on the show, the young actor from Texas was earning $300,000 per episode by the time he was 17.
2. Dakota Fanning
Net worth: $16 million
Dakota Fanning is probably one of the most successful and recognizable child star-turned-adult in Hollywood today, so it’s no surprise he has several millions in her bank account and multiple awards to show for herself. At the tender age of seven, the actress took on her first film role in the movie I Am Sam, and impressed everyone with her talent. Since then, she’s starred in over 15 movies, including blockbuster hits like The Twilight Saga and War of the Worlds, as well as multiple TV-shows. Without a doubt, this little lady is one of Hollywood’s most hard-working and richest teenagers.
1. Selena Gomez
Net worth: $16 million
Although Selena has been in the spotlight of celebrity gossip magazines because of her affiliation with singer Justin Bieber, the former child star is a very hard-working gal. In 2002 she made her first television appearance on Barney & Friends and since then, she’s become the poster child for Disney movies and teenage pop-music. It’s safe to say that as her fan base grows, so do her millions.