Miley Cyrus Net Worth (Money & Salary)

What is Miley Cyrus’ net worth?

Miley Cyrus, an American singer, songwriter, actress, and philanthropist, boasts a net worth of $160 million. Starting her career as a child in acting and music, she has emerged as a global sensation with her musical repertoire covering various genres, including pop, country pop, and hip hop.

Born Destiny Hope Cyrus into a showbiz family, her father Billy Ray Cyrus became a household name with his catchy country crossover hit, “Achy Breaky Heart,” in the early 1990s. He cultivated a commendable career in the country music scene both in the US and internationally, transitioning into a successful acting career as well. Thus, their first child’s fate as a performer was seemingly written in the stars.

Yet, Miley exceeded her father’s accomplishments through her starring role in the immensely popular Disney series, “Hannah Montana,” which paved the way for numerous successful tours, clothing lines, spin-off films, merchandise, and much more. Miley Cyrus transformed into a lucrative brand, later departing from her “tween” image to pursue a more mature career, which included releasing a studio album and focusing on films and various other projects.

Early Life

Destiny Hope Cyrus entered the world on November 23, 1992, in Franklin, Tennessee, the daughter of Tish Finley and country music star Billy Ray Cyrus. She was born with supraventricular tachycardia, which results in an irregular resting heart rhythm. Her parents chose the name Destiny Hope anticipating she would achieve greatness. As a joyful baby, they affectionately called her “Smiley,” which was later shortened to “Miley.” In 2008, she officially adopted the name Miley Ray Cyrus.

In 2001, when she was eight years old, her family relocated to Toronto, Ontario, Canada, so her father could film the TV series “Doc.” After taking her to a 2001 performance of “Mamma Mia!,” Miley expressed a desire to follow in her father’s footsteps, telling him, “This is what I want to do, Daddy. I want to be an actress.” From then on, she began taking singing and acting lessons at the Armstrong Acting Studio in Toronto.

Career

Cyrus’s acting career began with a role as Kylie in her father’s series “Doc.” In 2003, she earned recognition under her birth name for her performance as “Young Ruthie” in Tim Burton’s film “Big Fish.” Later, Miley auditioned for and secured the lead role in a new Disney show centered on a regular girl with a hidden identity.

as a pop star. The show “Hannah Montana” quickly became a sensation, launching Miley’s career not only in acting but also as a singer and songwriter. In 2006, the “Hannah Montana” soundtrack soared to the top of the charts.

A four-album recording contract with Hollywood Records was signed by Cyrus for her music outside of the “Hannah Montana” soundtrack. In June 2007, she released the two-disc album “Hannah Montana 2: Meet Miley Cyrus,” where the first disc served as the second soundtrack for the show, while the second disc marked Cyrus’ debut studio album. Miley’s follow-up album, “Breakout,” launched at number one in the U.S. Her third studio album, “Can’t Be Tamed,” released in 2010, introduced a more dance-focused sound for Cyrus. The hip-hop-influenced fourth studio album, “Bangerz,” came out in 2013, followed by “Miley Cyrus & Her Dead Petz” in 2015, “Younger Now” in 2017, “She Is Miley Cyrus” in 2020, and “Endless Summer Vacation” in 2023. Notable singles from her career include hits such as “The Climb,” “Party in the U.S.A.,” “We Can’t Stop,” and “Wrecking Ball.”

Additionally, Miley Cyrus has acted as a coach and mentor on the competitive reality singing show “The Voice.”

Personal Life

At the age of 14, Miley approached her mother, expressing, “I never want to label myself! I am ready to love anyone that loves me for who I am! I am open.” Later, she identified as pansexual. Then, in June 2015, a report from Time magazine revealed that Cyrus was gender fluid, indicating she did not identify strictly as a boy or a girl, being open to future partners of any gender.

The Happy Hippie Foundation, founded by Cyrus, is dedicated to combating injustice faced by homeless youth, members of the LGBTQ community, and other marginalized groups.

Miley began a relationship with Nick Jonas in the summer of 2006, which garnered substantial media coverage. During that time, Miley described her feelings as “in love.” However, their relationship ended by December 2007.

In 2008 and 2009, Cyrus was in a relationship with model Justin Gaston for nine months.

While filming “The Last Song” in 2009, Cyrus began a relationship with Liam Hemsworth that lasted for a decade, characterized by periods of being together and apart. When they weren’t together, Cyrus was linked to actors Lucas Till and Josh Bowman. Their engagement spanned from May 2012 to September 2013, after which they split, leading Cyrus to date Patrick Schwarzenegger, model Stella Maxwell, and Dane Cook. They reconciled in March 2016 and became engaged once more in October 2016. December 2018 saw them tying the knot, but just nine months later, in August 2019, Hemsworth initiated divorce proceedings.

The wildfires that engulfed Los Angeles County in fall 2018 resulted in the destruction of Miley Cyrus’ Malibu home.

In October 2019, Cyrus and Australian artist Cody Simpson revealed that they were in a serious and passionate relationship after being friends for several years. However, by August 2020, they had parted ways.

Cyrus has been transparent about her use of cannabis for recreational purposes.

In 2020, Miley made a significant donation of $10 million to help with Coronavirus relief efforts.

Real Estate

Miley made a $4 million purchase of a home in 2011 located in the hills above Studio City, California. This house is reminiscent of a villa with its hacienda-like design, featuring Tuscan-style fountains, a red-tiled roof, and a swimming pool. According to Miley’s comments to In Style magazine, “While parts of it are quite modern, the overall style is primarily Italian country.” Billy Ray’s guitar collection resides in a repurposed temperature-controlled wine room.

She acquired a 30-acre ranch estate in the Nashville suburbs in 2017 for $5.8 million. In August 2022, she sold this property for $14.6 million, realizing an impressive profit of $8 million without having made any significant renovations. Here’s a video tour of this previous residence:

In November 2018, Cyrus took to social media to announce the destruction of the Malibu house she shared with Liam Hemsworth during the Woolsey Fire, sharing her heartbreak for the community while also expressing gratitude for the safety of herself, Hemsworth, and their pets. It’s worth noting that Liam was the official owner of the home, which he purchased from songwriter Matthew Wilder in 2014 for $6.8 million. Coincidentally,

In June 2020, Miley sold a different Malibu home to Matthew Wilder for $1.7 million. This was unfortunate for Miley as she had paid $2.5 million for the property back in 2016, which resulted in a loss of over $800,000.

During the spring of 2018, Miley offloaded her equestrian ranch in Hidden Hills for exactly $5 million, matching the amount she initially paid for it in 2015. The spacious property spans five acres and features a 6,500 square foot house that includes seven bedrooms, six bathrooms, a gym, a study, and a wine cellar. Additionally, it boasts a 10-stall barn, a chicken coop, a riding arena, two paddocks, and even a vineyard with 550 vines.

In July 2020, Miley invested $5 million in a new home located in Hidden Hills, which has an impressive area of 7,000 square feet. She later sold this property in July 2021 for $7.2 million. Below is how this home appeared prior to Miley making the purchase: