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Hollywood's Richest Kids

Thursday April 24, 2008 10:00 AM EDT

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Dakota Fanning Photo by: Jason LaVeris / FilmMagic

Dakota Fanning

Fanning's star rose quickly after 2001's I Am Sam. She has since starred with Tom Cruise and Denzel Washington – and shot up the earnings ladder. The Conyers, Ga., native now makes up to $4 million for big films. "She performs at the box office," says a casting agent. "She can open movies." She has also done ads for Gap and Marc Jacobs. Little sis Elle, 10, is right behind her, with upcoming films including Brad Pitt's The Curious Case of Benjamin Button.

Tyler James Williams

"I'm good for three things," the Everybody Hates Chris star told PEOPLE when he was cast on the CW series in 2005. "Making fried-baloney sandwiches, picking out good movies and making money." That's for sure: The Yonkers, N.Y., native now has an estimated salary of $1.2 million per season.