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48 Hours Investigates reports on Mary-Kate and Ashley Olsen, Frankie Muniz, Eric Trump and L'il Romeo -- Lifestyles of the young and rich.
Rich Girls: The Olsen Twins: Even in Hollywood, where rich girls are a dime a dozen, these two 17-year-olds stand out.
Mary-Kate and Ashley Olsen aren't just rich and ambitious, they're mini-moguls. And they're already worth, by some estimates, $40 million each and counting.
Frankie Muniz: Hollywood Star: Actor Frankie Muniz has not only won fans -- he's made a fortune playing geeky teenage characters.
On TV, he's the awkward, brainy middle child in the sit-com "Malcolm In The Middle."
On the big screen, he's agent Cody Banks, a not-so-suave junior James Bond.
In a few short years, the kid with the cute face and sparkling blue eyes has become one of Hollywood's most bankable teens.
His salary for "Agent Cody Banks" was somewhere around $2 million – pretty good for Muniz, who just turned 18 this month. Correspondent Maureen Maher reports.
Eric Trump: American Royalty: Eric is a prince to the manor born, part of that peculiar type of American royalty, who grows up behind the headlines with a gold-plated last name.
Eric Trump, 19, is Ivana's baby boy and Donald Trump's youngest son. Correspondent Jane Clayson reports.
Lil' Rome: Hip-Hop Star: Even in his wildest dreams, 14-year-old Percy Romeo Miller III never imagined a life like this.
"Dreams can come true. Like Martin Luther King said, 'Have a dream,'" says Lil' Romeo, a pint-sized, platinum-selling, hip-hop superstar.
In just two years, Lil' Romeo has sold an astonishing 20 million CDs. Now, he says he has $50 million in savings.
This eighth grader stars in movies, cartoons and even runs a clothing company. When he's not shooting films, he's shooting hoops as a Junior Olympic basketball player.
It must be a great life. "I mean Romeo's got cars, man," says his father, rapper Master P. "I'm, like, he can't even drive!"
Lil' Romeo gave Correspondent |