From a public relations point of view, Justin Bieber is experiencing a terrible year. Google out the young singer and you’ll discover that he recently agreed to pay $80,000 to a former neighbor after egging his house; he’s almost through with his anger management classes; and he appears to have punched a paparazzo in Paris.
But from a financial perspective, The young star is still waxing strong. His fans follow him religiously on Twitter TWTR +0.96%, where he has 56.6 million followers, and his live shows sell out fast. Bieber tops our list of the Highest-Earning Celebrities Under 30 with an estimated $80 million over the 12-month span evaluated by Forbes, mostly thanks to the tail of his world tour. With a new album reportedly in the works, the 20-year-old singer has a chance to let his music speak louder than his latest shenanigans. Bieber recently released 15 seconds each of 11 songs using his Instagram account but there’s no solid word on when the album will be launched.
Musicians dominate Forbes annual list of the youngest celebrity money makers, filling nine of the top 10 positions. The list is based on research for Forbes annual Celebrity 100 rundown, which looks at entertainment-related earnings between June 2013 and June 2014. The Celebrity 100 is based on earnings and metrics that quantify fame; on that list, Bieber ranked 33rd. Here, they’re just looking at earnings and the under-30 crowd. Forbes estimates are based on entertainment-related income and they do not deduct for taxes, management fees or the other costs of being a celebrity.
Ranking second is a group of young men who, unlike Bieber, have yet to tarnish their reputations. One Direction (average age, 21) earned an estimated $75 million between June 2013 and June 2014. Formed from a group of contestants on the British version of The X Factor, One Direction’s latest album, Midnight Memories, debuted at No. 1 on the Billboard 200 and the song “Story Of My Life” went multi-platinum.
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