Justin Bieber: Forbes Magazine Celebrity 100 Cover Boy

Justin Bieber is making a name for himself not only in the music industry, but also in the business world.

Justin has been named #3 on this year’s Forbes Celebrity 100 list. The list counts down the world’s most powerful celebrities and Jennifer Lopez and Oprah Winfrey top this year’s list.

VIDEO: Justin Bieber Shirtless Photoshoot Preview

When it comes to business, the 19-year-old has a good head on his shoulders. “I’m not going to invest in something I don’t like; I have to believe in the product,” Justin told Forbes. Justin apparently has a hand in a dozen companies including Tinychat, Stamped, Sojo Studios and Spot­i­fy.

Something that definitely puts Justin ahead of many older stars is his knowledge of social media. “Social media helped launch my career. Without the Internet and without YouTube, I wouldn’t have gotten the chance to put my music out there and have people hear it.”

Read more of Justin’s cover story here. Other young stars who make the list are Taylor Swift (11), Adele (24), Kristen Stewart (43), and Taylor Lautner (67).

Click inside for more pics from Justin’s covershoot and a behind-the-scenes video…

Photos: Michael Prince/Forbes