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M magazine has devised and released a list likely to see most of the civilized world turn rather green with envy, by ranking the top-earning teen stars in the world, some with childhood fortunes that are nothing short of bewildering.

Unsurprisingly, the list it topped by Hannah Montana star and singer Miley Cyrus, with an estimated net worth of no less than $120 million. Miley has been stacking up the cash ever since premiering on the Disney show several years ago, subsequently moving on to several major motion pictures and a string of worldwide hit singles and tours. Impressive for any individual, though even more so in the case of one yet to hit 20-years of age!

Coming in second is worldwide heartthrob Justin Beiber, with a rather modest by comparison $66.5 million, which is certainly no small achievement for a 17-year old. His monstrously popular debut album sold 700,000 copies in the first three weeks and there is little sign that his rise to fame and fortune will abate at any point in the near or not so near future.

Also featured on the list are Nick Jonas with $18 million, Miranda Cosgrove with $7million and Selena Gomez with $4 million.
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