Miley Cyrus franchise nearing $1 billion

<div class="meta image-caption"><div class="origin-logo origin-image none"><span>none</span></div><span class="caption-text">Miley Cyrus apologized to her fans on April 27, 2008, because of photographs taken by Annie Leibovitz for Vanity Fair, which she said &#34;embarrassed&#34; her. &#40;Annie Leibovitz&#47;Vanity Fair&#41;</span></div>
April 24, 2008 9:25:03 AM PDT
Miley Cyrus is already way richer than her dad, Billy Ray, and she's only 15.

People magazine reports that the Miley Cyrus franchise will be worth a projected $1 billion by the end of the year. She tops the magazine's list of the richest teen celebrities.

Not that Miley is seeing much of the money. Her mom says most is invested and Miley can't touch it until she's 18.

The Jonas Brothers are also on the list, making $12 million a year. Fourteen-year-old Dakota Fanning makes $4 million a movie.

Twelve-year-old Abigail Breslin makes $2 million a film, but has to live on an allowance of $11 a week.

Thirteen-year-old Mark Indelicato makes nearly a half million dollars for a season of "Ugly Betty," but he has an allowance of $50 a week.