Caught in the Act!

Jessica Simpson and stylist pal Jessica Paster, feasting on spaghetti and lobster at West Hollywood eatery Il Sole. The pair then jetted off to the Chateau Marmont's lounge, where they "laughed lots" and sipped on white wine. Nearby, a solo Heath Ledger and a pal lounged on a sofa while Orlando Bloom chilled. Simpson then continued her girls' night out at trendy club Area, where she "had fun to the beat of (Blondie's) 'Call Me,' " says a clubgoer. Jamie Foxx, pouring vodka into the mouths of several ladies who visited his table at Hollywood hot spot Les Deux. Also making the scene: Matthew Perry and Michael Vartan, who hung out with a large group of guys at a table near the bar.

Jesse Bradford, keeping the party going after the New York City premiere of his film Flags of Our Fathers. The actor invited several hundred people to The Plumm club, which he co-owns with nightlife guru Noel Ashman. Only problem, Bradford forgot that the club isn't open on Monday nights. Not wanting to disappoint the waiting crowd, Ashman opened the doors with his keys, and he and Bradford played bartender until 4 a.m.

Jermaine Dupri Launches Tell-All Book

In his dishy new memoir, Young, Rich, and Dangerous: The Making of A Music Mogul, Jermaine Dupri looks back on his successful producing career and the big names he worked with – to say nothing of the one singer who stole his heart: Janet Jackson. At Monday night's Manhattan launch of the book, the 35-year-old hip-hop impresario and rapper, with a very svelte Jackson at his side, told PEOPLE: "I'm excited. I get to add the title 'author' to my titles, I guess. ... I can't wait to get to a bookstore and see it tomorrow."

Besides Jackson – who said of her boyfriend's book, "I think it's awesome" – also at the hotspot Marquee to help celebrate the newly published author: rapper Nas and wife Kelis, Boyz II Men and Joey Fatone, who told PEOPLE, "I haven't read the book, but I am excited to read it."

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Rehabbing Richie Sambora Steps Out with Bon Jovi

Richie Sambora was all smiles Wednesday night as the rehabbing rocker stepped out with his fellow Bon Jovi bandmates to be honored by the Recording Academy's New York Chapter. Sambora, who's been receiving ongoing treatment, declared, "Welcome to the record business rehab."

Before accepting the honor along with the band, Sambora, wearing a black suit and looking rested and happy, told Foxnews.com's Roger Friedman, "I'm sober, I'm good."

Of his time at the Cirque Lodge in Utah (where Lindsay Lohan is also receiving treatment), he said, "I'm going back just to do finish this weekend. I figured, why not get to the bottom of this and really understand it?"

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Caught in the Act! VMAs Edition

Beyoncé, showing up just after midnight for a joint post-VMA bash and birthday celebration at boyfriend Jay-Z's club 40/40. The lavish affair featured glass-encased honeycombs filled with live bees (B for Beyoncé) and flat projection screens playing a montage of the b-day girl's performances and music videos. The Versace-wearing singer (who won best R&B video for "Check On It") got hugs and well wishes from her family – parents Tina and Mathew Knowles, sister Solange – and celeb pals including former Destiny's Child bandmates Kelly Rowland and Michelle Williams, plus Usher, Ludacris, Andy Roddick and Rihanna. But Beyoncé (who marks her 25th on Sept. 4, the same day her B'Day album is released internationally) also made time to cuddle with her man. She draped her arms over Jay-Z's shoulders and at one point he leaned over and gave her a sweet kiss.

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Young and Rich

Fueled by blockbuster hits and marketing savvy, a new generation of kids are cashing in. How today's wealthiest teen stars earn their money--and have fun spending it.$50 MILLION POTTER PAYCHECK

the wiz kid DANIEL RADCLIFFE ACTOR Age: 17

  • IN THE MONEY July 23, Radcliffe's 18th birthday, will be a magic day for the star of the Harry Potter movies: He'll gain access to his $19 million investment fund--which he's socked away in a company jointly held with his parents Alan, a literary agent, and Marcia, a casting director. But with two more movies still to go--for which Radcliffe will be paid a reported total of $50 million--he can conjure up plenty more golden galleons where that came from. British newspapers have estimated that Radcliffe currently has a total net worth of $35 million or more, making him the U.K.'s richest teen.
  • FIRST PAYCHECK $320,000 at age 11 for the first two Potter films.
  • BIGGEST SPLURGE He recently dropped $17,000 on a custom-made Savoir mattress. But come his landmark birthday, "I don't think I'm going to do anything particularly exciting," says Radcliffe, an only child who lives with his parents in London. "People seem to expect me to splash out on a classic-car collection, but I've never been into cars or anything like that." He's more into cricket, theater (he shed his clothes for a recent turn in Equus in London), reading (lately Nabokov) and painter-sculptor Jim Hodges. "I know I'm lucky to be paid all this money to do what I love," he said in Britain's Daily Mail, but "[money is] not something that affects the way I think about things."

How do Harry Potter's COSTARS stack up?

EMMA WATSON Age: 17 She will receive an estimated $5 million for each of the last two Potter films--meaning Watson (who has one younger brother) will have no problem following through on her plans to go to college. "Let's be honest: I have enough money never to have to work again, but I would never want that," she told Parade.

RUPERT GRINT Age: 18 The actor who plays Ron Weasley also signed on for an estimated $5 million for each of the last two movies. The eldest of five siblings, he is enjoying every cent: "Recently I got an ice cream van," says Grint, who also has an all-terrain vehicle. "That's been really good fun. Usually I'm quite sensible with my [money]."

$10 MILLION IN ENDORSEMENTS

the phenom MICHELLE WIE GOLFER Age: 17 She's only made $3,273 this year on the Ladies Professional Golf Association tour (blame a wrist injury), but Wie commands more than $10 million a year thanks to deals with Nike, Sony and Omega. For fun, the Stanford-bound only child shops for exotic earrings in her hometown of Honolulu: "I like going to the mall."

Who's the richest teen ROYAL?

PIERRE CASIRAGHI HEIR Age: 19 He's tall, tan, and his family owns its own country: Monaco. Pierre Casiraghi, Princess Caroline's younger son, stands to eventually inherit upward of $260 million. (By comparison, Brit ain's teen princesses Beatrice and Eugenie's estimated worth is $5 million each.) While big sibs Andrea, 23, and Charlotte, 20, often grab the spotlight, Pierre, an economics student in Milan, "is the most extroverted" of the family, says an acquaintance. He plays the sax and has stepped out with some of Europe's most eligible aristocratic bachelorettes.

the mini MOGULS

EARNED $12 MILLION IN 2006

HILARY DUFF ACTRESS-SINGER Age: 19

  • IN THE MONEY Her movie paychecks top $2 million, and she's sold 13 million albums worldwide. But as CEO of her own lifestyle company, she earns about $12 million a year, according to Forbes. Credit growing sales of her Stuff by Hilary Duff clothing line, jewelry and home decor for tweens, which is sold in stores such as Target and Wal-Mart. "It's so funny that people think that I'm a mogul," she says. "I definitely do know a lot about [running a business], but I have so many people that help me."
  • BIGGEST SPLURGE Watches, Marc Jacobs bags and "things for my house" in L.A. She and big sis Haylie, 22, also just indulged in a St. Bart's vacay.
  • HOLD THE PORSCHE "I definitely don't just buy what I want," she says. "My business manager says I'm well behaved." Case in point: Duff thought about buying a Porsche Cayenne Turbo for nearly $100,000, but her money man said, "You're a terrible driver. You don't need that kind of power."
  • POWER MOVE She's tackling the juniors market with a top-selling perfume (With Love ... Hilary Duff from Elizabeth Arden) and an upcoming fashion line.

Which sibs are the Next Olsens?

COLE & DYLAN SPROUSE ACTORS Age: 14 For starters, they've already partnered with Mary-Kate and Ashley Olsen's Dualstar Entertainment Group. The Sprouse twins (The Suite Life of Zack & Cody) have their own magazine, a clothing line and a new series of adventure novels for boys.

ALY & AJ MICHALKA SINGERS-ACTRESSES Ages: Aly is 18, AJ is 16 Their album Into the Rush has sold more than 700,000 copies, and Honey-Comb cereal put the sisters on 7 million boxes. Next? An MTV movie, another album and national tour--plus dolls, video games and makeup.

the next BIG things

RIHANNA SINGER Age: 19

  • IN THE MONEY The Barbados-bred singer topped the global charts in 2005 and 2006 and now has a new summer smash: the No. 1 single "Umbrella." Her latest CD, Good Girl Gone Bad, sold more than 200,000 copies its first two weeks out. While she's still under her initial multi-album contract with pal Jay-Z's Def Jam label, she also snagged six-figure endorsement deals with CoverGirl cosmetics and Venus razors.
  • SPEND OR SAVE? "Both, actually," says Rihanna, who has two younger brothers. "I don't like to waste money. I buy things that I'm going to get my money's worth out of, things I'm going to use a lot. I like to splurge on makeup and shoes--Louboutins! My mom loves bags. I bought her a Fendi."

SHE MADE $2 MILLION LAST YEAR

High School Musical's hot couple ... WHO'S RICHER, ZAC or VANESSA?

  • POWER COUPLE Real-life sweethearts Zac Efron, 19, and Vanessa Hudgens, 18, nabbed big bonuses when the Disney Channel movie scored, got raises for the sequel according to The New York Times and recently vacationed in a $3,100-a-night villa in Maui.
  • GIRLS RULE But only Hudgens notched a gold debut album and an endorsement deal with Neutrogena. Forbes.com estimated her income last year at $2 million.
  • BOYS DON'T CRY After costarring in this month's Hairspray, Efron is expected to take the lead role in the comedy 17, now in development.

ROMEO RAPPER-ACTOR Age: 17 At age 11, the oldest son of rap mogul Master P released his first album, which went gold. Since then he's dropped three more records, starred in his own TV show, launched a clothing line, collected a slew of cars--and told 48 Hours he's saved $50 million. Next: He's up to play basketball for USC.

the screen QUEENS

HER LATEST ANNUAL INCOME: $2 MILLION

HAYDEN PANETTIERE ACTOR-SINGER Age: 17

  • IN THE MONEY The indestructible cheerleader of NBC's Heroes sure seems unstoppable: She's a face for Neutrogena, pre-tweens love her Disney soundtracks--cue "I Still Believe" from 2007's Cinderella III--and her debut album drops in 2008 Added up, that's $2 million a year, Forbes estimates. She also has a bright endorsement future. Says an industry source: "She's fresh, friendly--the girl next door."
  • FIRST PAYCHECK Panettiere (whose brother Jansen, 12, is also an actor) did a Playskool ad at just 11 months old, then starred on soaps and in films like 2000's Remember the Titans. (Next? Fireflies in the Garden with Julia Roberts.)
  • BIGGEST SPLURGE Ahhh ... the spa. Says Panettiere: "I get facials all the time."

MILEY CYRUS Age: 14 The Hannah Montana star has her second No. 1 album--plus part of the profits from her show's product line. Dad Billy Ray Cyrus still gives her a monthly $300 allowance.

DAKOTA FANNING Age: 13 Her per-movie asking price? $3 million. That's not surprising since her movies--including Charlotte's Web--have made more than $600 million.

EMMA ROBERTS Age: 16 Julia's niece, who just played Nancy Drew, is earning a million-dollar paycheck for the upcoming film Wild Child.

How the Stars Partied Before the VMAs

With the MTV Video Music Awards on Thursday night, stars including Jessica Simpson, Vanessa Minnillo and Justin Timberlake have been in New York City all week to host parties, hit the clubs and collect swag from celebrity suites. Though the awards will be at Radio City Music Hall (check out the nominees here), PEOPLE hit all the hot pre-VMA events – which are sometimes as memorable as the show itself:

During the day on Tuesday at Marquee, celebs swarmed the Polaroid Lounge, cruising for the perfect freebee:Vanessa Minnillo sipped champagne while booking through the suite in a mere 15 minutes. Why? She was late for work. Still, she collected gear including a camera and a Sidekick, which may come in handy for keeping in touch with Nick Lachey when he's on the road.

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