Miley Cyrus franchise worth $1 billion

Star, Jonas Brothers among those on People's list of richest teen celebs

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updated 11:40 a.m. ET April 24, 2008

NEW YORK - 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 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.

Story continues below ↓

The Jonas Brothers are also on the list, making $12 million a year. Fourteen-year-old Dakota Fanning makes $4 million 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.

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