The 16-year-old singer demands twice as much money as rap sensation Drake and Disney star Selena Gomez, Contactmusic reported.
The Baby hitmaker, however, has few miles go before he surpasses the income of music heavyweights like Rascal Flatts, Kiss and Keith Urban, who clinched the rich list to top all touring artists this year.
The trio earned $702,500 per concert, followed by rock veterans Kiss with $500,000 and Nicole Kidman's husband Urban with $487,500.
Others, who made their foray into the list included Sheryl Crowe with an income of $146,500 and Bret Michaels with $64,000.
