Singer Taylor Swift was on her grind this year earning the most for any celebrity under 30. ( Yes she beat Justin Bieber) taking in $57 million, as women dominated the top spots on a list released by Forbes.com on Thursday.
Bieber, who brought in an estimated $55 million, was the only male among the top five earners, who included Rihanna at No. 3 with $53 million, followed by Lady Gaga and Katy Perry. (Dam Artists are slacking)
"We are seeing a convergence of these talented women who know how to work the system," said Dorothy Pomerantz, the Los Angeles bureau chief for Forbes.
"The things they have in common, obviously they write great hits, are strong personalities. That really helps them from a publicity point of view. They connect with their fans," she added.
Kristen Stewart, who was the highest paid actress last year with an estimated $34.5 million in earnings, captured the No. 7 spot and was the only actress in the top 10.
Stewart, a lead player in the "The Twilight Saga" films, also had a hit with "Snow White and the Huntsman" (Great Movie) and is considered one of Hollywood's up-and-coming stars.
Her co-star in the "Twilight" films and real-life boyfriend, Robert Pattinson, came in at No. 10 with earnings of $26.5 million.
"'Twilight' has done wonderful things for these kids' bank accounts," said Pomerantz, adding that they are now making $12 million per film in the franchise. "What will be telling is how they do post-'Twilight.'"
To compile the list Forbes analyzed album and concert sales, movies earnings, profit participation, advertising work and endorsements between May 2011 and May 2012. Managers, lawyers, agents and other insiders were also consulted.
editor's notes:
I know for a fact Taylor Swift earned this, She writes all of her own songs an plays the guitar.(Can't say that about Justin judging by the writer credits on his tracks) off of that, these kids have made more money then some people will in two lifetimes lets just hope they know what they're doing with it. We've seen countless Millionaires go from rich to rags, Here's just a few.
M.C. Hammer, Toni Braxton, Marvin Gaye, Billy Joel, Isaac Hayes, Wayne Newton, Vince Neil, Mike Tyson,
All big names in their time but all filed for bankruptcy