Justin Bieber is looking for a house to call home in southern California, and a conversation between the singing sensation and TMZ suggests that he is willing to spend as much as $10 million for new digs.
Not bad for a guy who just turned 18. And he's not the only rich kid in Tinseltown.
Bieber is in excellent company, with peers that include Disney alumni who haven't pulled a Lindsay Lohan, kids who descend from entertainment royalty, and other talented young artists who have managed to make successful transitions from kids stars to young adult performers.
Here are some of the richest young people in show business today.
Justin Bieber with net worth of $85 million.ReutersThe singer was rushed to hospital after injuring herself in the kitchenReutersDakota Fanning came to fame by being, well, a very good actress. She will be seen this year in the final "Twilight" movie. More than one source, including NetWorth.com, estimate her own number to be around $16 million.
ReutersSelena Gomez came to fame thanks to her starring role on Disney's "Wizards of Waverly Place." She will lend her voice to the upcoming computer animated film "Hotel Transylvania." M magazine estimated her net worth to be around $4 million in 2011.ReutersNick Jonas came to fame thanks to the tween-oriented family singing group "The Jonas Brothers," but he's been taking on more adult projects lately. He is currently starring in the Broadway show "How to Succeed in Business Without Really Trying." M magazine has estimated his net worth to be at $18 million in 2011. Reuters'Two and a Half Men' star Angus T. Jones tells viewers to stop watching his show in a new video for a Christian website. ReutersTaylor Lautner -- and his abs -- have gotten major attention thanks to his role as Jacob Black in the "Twilight" franchise. The franchise has made more than $2 billion worldwide, so we're hoping Lautner gets a generous portion of the pie. ReutersDemi Lovato is back on track after dealing with personal issues. The former "Sonny With a Chance" star is now focusing on her music and is on tour. M magazine estimated her net worth to be at $3 million in 2011.Reuters