If you thought it would be cool to trade lives with a superstar like Miley Cyrus or  Justin Bieber before, just wait till you get a load of this: According to People.com, the pop superstars are two of the richest teens in Hollywood! Justin, 17, made a reported $53 million this past year — mostly from his movie, Never Say Never, and his fragrance, “Someday” — while Miley, 18, earned $48 million last year from touring alone!

See who else made this incredible list:

• Taylor Lautner: A source reveals that Taylor, 19, earned $8.5 million for the final two installments in the Twilight saga and was paid $7.5 million for this upcoming action-thrilled, Abduction!

• Dakota & Elle Fanning: The sisters’ most recent movies earned them each a pretty penny — Dakota, 17, got $4 million for Breaking Dawn, while 13-year-old Elle got $1.5 million for Super 8.

• Angus T. Jones: The Two and a Half Men star’s current contract is worth an incredible $7.8 million, as he makes $300,000 per episode!

• Nick Jonas: He’s not just the hunkiest JoBro — he’s also the richest! Nick’s reported earnings last year totaled $12.5 million.

• Jaden & Willow Smith: Between music and movies, Will Smith‘s kids are blowing up! Jaden, 13, raked in $5 million in 2010 (with $3 million from The Karate Kid) while 10-year-old Willow’s budding music career (including her hit single “Whip My Hair”) earned her an estimated $4 million.

• Selena Gomez: Justin’s lady friend made $5.5 million last year. Not too shabby!

HOLLYWOOD LIFE

Also read: Miley Cyrus and Justin Bieber’s net worth: Richest Teens in Showbiz

Jada Pinkett Smith stopped by the set of Chelsea Lately last night to promote the upcoming season of her show Hawthorne and, inevitably, the topic ended up on host Chelsea Handler‘s favorite person — Justin Bieber.

When Chelsea asked Jada about her relationship with Justin, she shared: “He is my little sweetie.”

“I see he put his charms on you just like he put his charms on me,” Chelsea quipped back, before asking the actress and mom of two why Justin reminds her of her hubby Will Smith.

“I remember when he did the MTV Awards and he came home with Jaden [Smith] to stay with us that night — our home is like a little haven for him when he comes to L.A.,” she shared, adding, “Immediately he went to the computer and he wanted us to gather around and he wanted to critique his show. That was the first thing. I’m looking at him and I’m going, ‘If I’m not looking at a little Will Smith…’ ”

“He’s passionate about what he does, and he does it for his fans,” Jada continued. “He just really, really loves what he does.”

OK MAGAZINE

Willow Smith recently supported Justin Bieber for his UK concerts last month and says she had a blast touring with him.

The 21st Century Girl singer said of being on the road with the Somebody To Love star: “Justin’s very funny.

“He’s plays basketball, like, right before the show, but I stopped because I was like, ‘somebody’s going to get hurt’,” Willow shared.

“So he won then he ran over and picked me up!”

Smith also told MSN that the tour was “awesome because I get to see new places and new people and how the crowd react.”

Justin is also a fan of Willow and recently said he thinks she is adorable.

OMG MUSIC

Willow on Twitter:

My big brother’s Justin and Jaden pranked me on stage tonight…#payback!!! http://fb.me/xMKdIJE2

Willow Smith has exciting news – she’s been invited to tour with Justin Bieber when he heads to Europe next year!

“Got news that my big bro @justinbieber invited me on his European Tour in March..so exciting!” Willow tweeted earlier today. “Maybe I’ll let Jaden come..LOL #NEVERSAYNEVER”

Yesterday, it was announced that Willow will be whipping her hair at Dick Clark’s New Year’s Rockin’ Eve at the end of this month.

Congrats, Willow!!