Taylor Swift and Justin Bieber topped off Forbes’ list of highest earning celebrities under 30. The two earned $57 million and $55 million, respectively, between May 2011 and May 2012.
Swift’s hefty earnings come from her three records — all of which have gone platinum — her endorsement deals with CoverGirl and other companies, and her live shows, which earn her an average of $1 million each night.
Bieber earns his money through his albums, his endorsements with Proactiv, and other investments with companies like Stamped, Tinychat, and Spotify.
Rihanna takes the No. 3 spot with $53 million. Lady Gaga follows her with $52 million and Katy Perry ends the top five with $45 million.
Rihanna’s earnings have increased with her 85-date tour and promotions with Nivea and Vita Coco. Lady Gaga, who dropped from last year’s $90 million, could not include her tour, Born This Way Ball, in the count.
Although Katy Perry made it into the top five, her film Katy Perry: Part of Me only made $7 million in its first weekend.
Photo Credit: Alberto E. Rodriguez/Getty Images