Bieber tops Hollywood rich kid rankings

HOLLYWOOD, Aug. 20 (UPI) -- Justin Bieber's college fund is flush, a tally of Hollywood's richest teenagers in Parade magazine shows.

The 17-year-old pop prince pulled down a cool $53 million in 2010, much if it from his 3D concert movie "Never Say Never," Parade said Saturday.

Bieber, who also tapped another revenue stream with his "Someday" cologne, easily eclipsed Miley Cyrus, who placed second on the earnings list with $48 million.

The rankings also included "Twilight" starlet Taylor Lautner at $16 million and Angus Jones, who banked $7.8 million for his work on CBS's tumultuous "Two and a Half Men."