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Mo’ money, no problems!

Forbes has ranked this year’s highest-paid celebrities under 30, where pop stars and teen sensations rake in the cash. 

Among the list of heavyweights, Taylor Swift, 22, takes over the number one spot! Between May 2011 and May 2012, Forbes estimates that the country singer pulled in a whopping $57 millions. From concert sales to endorsement deals, the Hollywood phenomenon has climbed her way to the top of the list.

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Coming in at number two is none other than Justin Bieber, who has raked in $55 million. The 18-year-old “Boyfriend” singer, who is barely old enough to have a drink (in Canada), is the only male in the top five.

Following closely behind Justin, is bad girl Rihanna. The 24-year-old Battleship actress cashed in with $53 million bucks!

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Hanging on to Rihanna’s coattail is none other than Lady Gaga. With hundreds of sold out shows around the world, the 26-year-old earned $52 million. Last year, she made an astonishing $90 million!

Last but not least, “Fireworks” singer Katy Perry came in 5th, taking home $45 million.

Head over to Forbes to check out the complete list!

SOURCE: Forbes