Taylor Lautner Set To Be The Highest Paid Teen Actor

According to MTV Taylor's latest film pairing him with Tom Cruise, will earn him $7.5 Million Dollars & make him the highest paid teen actor:

Taylor Lautner's got abs of gold. "New Moon" has reeled in $288 million in just seven weeks in theaters, making it the fifth-highest-grossing film of the year and climbing. Now the movie's star is about to get paid. Big-time.

The film, titled "Northern Lights," will pair the 17-year-old with Tom Cruise. The plot is described as a story about "a gifted young aerobatics pilot who faces off with his controlling billionaire father and falls in love with a gifted female pilot." Helmed by "Max Payne" director John Moore, the film is set to start shooting on April 1.

According to the Deadline.com story, young stars like Zac Efron and Miley Cyrus have not commanded a paycheck nearly as large as Lautner's. And the "Twilight" werewolf might get even more cash for his future projects.

Read more @ MTV.

Wow! I wouldn't know what to do with all the money he is raking in...and he is only 17...at least he seems to have a good head on his shoulders! :) Congrats Taylor!