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justin-bieber-forbes-highest-paid-musician-2013Forbes has come out with their list of Highest-Paid Musicians (between July 2012 to June 2013) and Justin has been named as the 6th highest earner raking in $58 million.

No. 6: Justin Bieber ($58 million)
Since appearing on the cover of FORBES last year, the Canadian crooner has toured the world and earned another $58 million (that sum would have been even higher if we hadn’t credited him with a double-digit million-dollar merchandise advance last year). He also owns stakes in startups including Enflick, Tinychat and Spotify.

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Forbes magazine has just come out with their list of Highest Paid Celebrities under 30 and Taylor Swift and Justin tops the list!

Taylor Swift:

We estimate that between May 2011 and May 2012, Swift earned $57 million. Each of the 22-year-old singer’s three albums have gone platinum at least four times, meaning that in these days of waning music sales, Swift can be counted on to sell at least 4 million copies of every album.

Then there’s her concerts, which bring in an average of $1 million per night, and her endorsement work for products like CoverGirl makeup. Swift’s money and fame helped her land in 11th place on our annual Celebrity 100 list this year, which is based on earnings and metrics we’ve developed to quantify buzz.

Justin Bieber:

The highest-ranking man on our list isn’t even old enough to drink. Just 18 years old, Justin Bieber comes in a close second behind Swift with $55 million in earnings. Bieber (who appeared on the cover of our Celebrity 100 issue this year) earns big from his music sales, concerts and endorsements for products like Proactiv. The Bieb is also a budding venture capitalist: He’s made investments in start-up companies like Stamped, Tinychat and Spotify.

Bieber is the only male in the top five.

Btw Forbes ranks Justin as the third most powerful celebrity behind Jennifer Lopez & Oprah Winfrey. Taylor is 11th on that list.

The top 10 highest paid celebrities (May 2011 – May 2012) under 30 are:

1. Taylor Swift
2. Justin Bieber
3. Rihanna
4. Lady Gaga
5. Katy Perry
6. Adele
7. Kristen Stewart
8. Lil Wayne
9. Taylor Lautner
10. Robert Pattinson