The Award for Richest Teen Star Goes To…

You'll never guess who came out on top in the "Hollywood's Richest Teens" category.

It was none other than the teenage songstress Miley Cyrus!

The 18 year old, who made it big on Disney's Hannah Montana, is worth an estimated $120 million!

Justin Bieber was named the 2nd richest teen. It was estimated that the "Baby" singer and teen heartthrob is worth $65.5 million.

Nick Jonas rounded out the category at number 3 with an estimated $18 million.

All of these teen stars have worked so hard to get to where they are today and their hard work pays off in everything they do!