Little Millionaires: The Highest-Paid Child Stars

Child actors are usually peppered into the backgrounds and back stories of television and films for a dramatic or adorable effect, but some kids manage to rise above their adult colleagues with the sheer force of their star power. These eight child actors used their cute factor and talent to rake in millions; they were all rich and powerful before they could even drive. 

1. Shirley Temple: The original child star, Shirley Temple epitomized cuteness in her time. She was just three years old when she began acting, in 1932. She became so beloved in films like Bright Eyes and Heidi (and later A Little Princess) that by 1935 she was already picking up a special Academy Award in her honor. She went from a $10-per-day paycheck to making $1,250 per week in 1934, an astounding amount for a child’s salary during that era. Her riches came and went, but she remains one of the founding faces of the adorable-child-actor market. 

2. Macaulay Culkin: He was essentially the second coming of Shirley Temple, in male form. This scene-stealer from Uncle Buck sealed his popularity when director John Hughes tapped the precocious boy to play the lead in Home Alone. That film elevated not only Culkin’s asking price (he was the first child actor to net a $1 million paycheck, for his role in My Girl) but also his celebrity status. Like Emmanuel Lewis before him, Culkin became BFFs with Michael Jackson, which was the equivalent of running with royalty at the time. He continues to act today, but he’ll always be adored for his childhood career.

3. The Olsen Twins: Mary-Kate and Ashley Olsen could barely talk when they began to register in popular culture. The baby stars of TV’s Full House shared one role as Michelle Tanner, but behind the scenes, they built an empire together. Leveraging their popularity from the hit show, they started their own company, Dualstar, which allowed them to brand themselves via straight-to-DVD film series, clothes, dolls, and tons of other merchandise. Their fortune grew so large that in 2007 Forbes ranked them collectively as the eleventh-richest women in entertainment, with an estimated net worth of $100 million. They’ve since tried to build careers apart; the jury is still out on their future success.

4. Miley Cyrus: Taking a presumable lesson from the Olsen twins, Cyrus used her popular Disney status to create name recognition and a movie and music career. While she wasn’t the highest-paid child TV star at the time, her Hannah Montana concert tours (which stemmed from her Disney TV show) made her millions. They also cemented her as a teen idol with a real draw, a position she still holds today.

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12.27.2010
Jet
I was lucky because when I worked as a child actor it was mostly done during my teenage years{I also got work doing teenager roles when I was in my 20's} Because, I got very little work as a child actor I wasn't secluded with a private tudor. I went to a public school and hung out with my friends. I stopped working as an actor by the time I was around 30 yrs old. As an adult, I deplore children working as a child actor and missing out on BEING a child. People don't realize how addicting acting is & when it is taken away from you & when it's some thing you only know is gone because you can't find work anymore, ESPECIALLY when you were a well known child actor, it destroys you. In your young mind you're a has been, a nobody, somebody who nobody cares about anymore. This child is put in a position where he or she is looked upon as some kind of hero, somebody special to their fans out there & poof just like that it's gone. No child of mine would I EVER allow to work as a child actor.
06.24.2010
Ina Chang
I have to agree that all the money doesn't seem worth losing those precious years and experiences as a child.
06.23.2010
Renae Hurlbutt
I think if I had all that money as a child I would now have an entire house made of crayons!
06.23.2010
Nikki Deterding
I can't imagine growing up being a huge celebrity. Dakota Fanning has been a young adult since she was seven. I am always so impressed with her when she is a guest on talk shows, she is so mature and composed. I think she handles the fame really well.
Same here, Gwendolyn. I can't help reading these with a little sadness, but then again, I'm not entertaining millions of people on a regular basis either. That's gotta be hard work.
It feels good to write.

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