The list, which was dominated by sports and showbiz star, was compiled by grossing salaries, winnings, endorsement deals and royalties between June 2006 and May 2007. No deductions were made for taxes or management fees.

Topping the list is 22-year-old professional basketball player LeBron James with earnings of $27 million.

Those that make the top five are football player Reggie Bush, 22, with $24 million, tennis star Maria Sharapova, 20, with $23 million, golf prodigy Michelle Wie, 18, with $19 million and fashion icons Mary-Kate and Ashley Olsen, both 21, having earned $17 million.

Film star Hilary Duff, 20, was ranked #7 with $12 million, Avril Lavigne, 23, made the list with earnings of $12 million at #8, Keira Knightley, 22, was ranked #10 with $9 million, Carrie Underwood, 24, with $7 million at #11, Scarlett Johansson,23, was ranked #12 with $5 million, Mischa Barton, 21, was ranked #13 with $4.5 million.

The youngest star on the list, Dakota Fanning, 14, was ranked #14 earning $4 million, the rest of the Harry Potter crew, Emma Watcon, 17, and Rupert Grint, 19, ranked #15 and #16 both earning $4 million each, including $3 million from major films while Hannah Montana star Mile Cyrus, 15, was ranked #17 having made $3.5 million largely from the sale of her album, Lindsey Lohan, 21, was ranked #18 with #3.5 million, and Mandy Moore, 23, was ranked #29 with $3.5 million.