In this image released by Disney, Miley Cyrus from the Disney Channel's 'Hannah Montana' rides the Jungle Cruise attraction with park guests Victoria Jack, left, and Georgia Dezern at Walt Disney World Resort in Lake Buena Vista, Fla., on Thursday, May 1, 2008. [Agencies]
Teen star Miley Cyrus will be a billionaire by the end of the year, reports say.
The 15-year-old is officially the wealthiest child in the world following her success in Disney Channel series Hannah Montana.
According to People, the franchise will be worth ?500 million by 2009, while Cyrus earned ?9 million last year alone.
A Disney spokesperson said: "Kids are earning more and more and can command huge fees in Hollywood. But no one could have predicted how popular Miley would be. She's a true star."
In this image released by Disney, Miley Cyrus from the Disney Channel's 'Hannah Montana' poses with Disney characters Mickey Mouse and Minnie Mouse at the Magic Kingdom at Walt Disney World Resort in Lake Buena Vista, Fla., on Thursday, May 1, 2008. [Agencies]
Mum Tish Cyrus added: "A lot goes into her investment fund, which she can't touch until she's 18."
The singer/actress completed a 69-date tour last year, with her 3-D film Hannah Montana & Miley Cyrus: Best of Both Worlds Concert Tour taking around ?14 million in its opening weekend. She has also agreed a seven-figure deal to write her autobiography.
Other young stars on the rich list include band the Jonas Brothers and actresses Dakota Fanning, 14, and Abigail Breslin, 12.
