The richest 20 teen stars of 2007

Based on Forbes Magazine’s list of “The Top-Earning Young Superstars under 25,” there are apparently two groups of highest paid youngsters today: the Athletes and the Showbiz Celebrities.

In the Forbes’ Top 20 list released this month, five are athletes while the rest are actors or singers.

LeBron James, 23, of NBA’s Cleveland Cavaliers currently tops the list, thanks to the $27 million he earned from June 2006 to June 2007. Other sports personalities on the list include 22-year-old footballer Reggie Bush (#2) and 20-year-old tennis player Maria Sharapova (#3).

Harry Potter’s magic worked for its three main celebrities, with lead star Daniel Radcliffe, 18, pocketing $15 million, landing him on the #6 spot. Co-stars Emma Watson (#15) and Rupert Grint (#16) had $4 million apiece.

The Forbes list calculated salaries, winnings, endorsement deals and royalties of each young star earned from June 2006 to June 2007.

The Top-Earning Young Superstars

#1. LeBron James, $27 million

Born: Dec. 30, 1984

NBA’s All-Star MVP and Rookie of the Year LeBron James led the Cleveland Cavaliers to their first conference title ever this year. When not on the court, King James oversees construction of his 35,000-square-foot home outside of Cleveland, which includes a bowling alley, casino and barber shop. This year he also acquired a minority stake in Cannondale, manufacturer of high-performance bicycles. Read more