It pays to be young in Hollywood when your name is Justin Bieber.

The “U Love” singer has emerged as the year’s top-earning young performer this year after clocking approximately $300,000 per concert, according to documents obtained by The Smoking Gun last month.

The new rich list reveals that the heartthrob, 16, earns twice as much money as rap sensation and fellow Canadian Drake, three times as much as pop cutie Selena Gomez, and quadruple the paycheck of ex-American Idol Jordin Sparks.

For all his dough, Bieber still has a few miles go before he surpasses groups like Rascal Flatts, Kiss, and country soloist Keith Urban, each of which have topped the list of the highest-paid touring of 2010. The Rascal Flatts trio earns $702,500 per concert followed by glam rock veterans Kiss with $500,000. Urban rounds out the Top 3 with $487,500.

Other notable entries include Sheryl Crowe, who earns $146,500, Bret Michaels with $64,000, and American Idol champ Kris Allen — who takes in around $12,500 per show.

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