Miley Cyrus Net Worth (Money & Salary)

What is Miley Cyrus’ net worth?

With a net worth of $160 million, Miley Cyrus has established herself as a prominent American singer, songwriter, actress, and philanthropist. Initially starting her career as a child performer, she has since become a worldwide sensation, exploring a variety of musical genres including pop, country pop, and hip hop.

Born Destiny Hope Cyrus into a family immersed in entertainment, Miley was destined for stardom. Her father, Billy Ray Cyrus, captured America’s heart with his catchy country hit, “Achy Breaky Heart,” during the early 90s. Following the success of that hit, he achieved a notable career in both music and acting, setting the stage for Miley’s future in the limelight.

Miley notably surpassed her father’s success with the extraordinary Disney series, “Hannah Montana,” which opened the door to a multitude of lucrative endeavors such as tours, clothing lines, movies, accessories, toys, and much more. As she transitioned away from her “tween” image to pursue a more mature career, she released an official studio album and redirected her efforts towards films and diverse projects.

Early Life

Born on November 23, 1992, in Franklin, Tennessee, Destiny Hope Cyrus is the daughter of Tish Finley and country artist Billy Ray Cyrus. She was diagnosed with supraventricular tachycardia, a condition that affects the heart rate. Her parents chose the name Destiny Hope, anticipating her future accomplishments, and affectionately called her “Smiley” due to her cheerful disposition as an infant. The name was later shortened to “Miley,” and she made it legal in 2008 as Miley Ray Cyrus.

At the age of eight, in 2001, Cyrus relocated to Toronto, Ontario, Canada, with her family while her father worked on the series “Doc.” After attending a performance of “Mamma Mia!” that same year, she enthusiastically declared to her father, “This is what I want to do, Daddy. I want to be an actress.” This spark ignited her journey into singing and acting lessons at the Armstrong Acting Studio in Toronto.

Career

Miley’s first acting opportunity came when she played the role of a girl named Kylie on her father’s show “Doc.” In 2003, she received acknowledgment under her birth name for her part as “Young Ruthie” in Tim Burton’s “Big Fish.” Ultimately, Miley auditioned and secured the lead role in a new Disney series centered on an ordinary girl with a secret identity.as a pop star. The show “Hannah Montana” quickly became a phenomenon, launching Miley’s career not only in acting but also in singing and songwriting. The soundtrack for “Hannah Montana” reached number one on the charts in 2006.

Personal Life

While filming “The Last Song” in 2009, Cyrus began a relationship with Liam Hemsworth that would last for a decade, characterized by breaks and reconciliations. During their separations, she was linked to actors Lucas Till and Josh Bowman. From May 2012 to September 2013, she and Hemsworth were engaged, after which she briefly dated Patrick Schwarzenegger, model Stella Maxwell, and comedian Dane Cook. The couple got back together in March 2016, becoming engaged again in October of the same year and marrying in December 2018, but in August 2019, Hemsworth filed for divorce.

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

In October 2019, relationships blossomed as Cyrus and Australian singer Cody Simpson announced they were in a committed and “passionate” romance, having been friends for years. However, by August 2020, they had parted ways.

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

A notable philanthropic act in 2020 saw Miley donating $10 million to aid Coronavirus relief efforts.

Real Estate

In 2011, Miley acquired a home in the hills above Studio City, California, for $4 million. This property, resembling a villa, includes hacienda-style architecture, Tuscan-inspired fountains, a red-tiled roof, and a swimming pool. Miley described it to In Style magazine as “Parts of it are really modern, but it’s mostly old Italian country,” while Billy Ray’s guitar collection is stored in a converted wine room that is temperature-controlled.

Later, in 2017, she purchased a 30-acre ranch in the Nashville suburbs for $5.8 million. In August 2022, she sold this property for $14.6 million, resulting in an impressive profit of $8 million without significant renovations. Here’s a video tour of this former home:

In November 2018, Cyrus shared on social media about the devastating loss of her Malibu home, which she had shared with Liam Hemsworth, in the Woolsey Fire. She expressed her sorrow for her community while also feeling grateful for the safety of herself, Hemsworth, and their pets. Liam was the legal owner of this property, which he purchased in 2014 from singer/songwriter Matthew Wilder for $6.8 million. Coincidentally,In June 2020, Miley sold a different Malibu residence to Matthew Wilder for $1.7 million, incurring a loss exceeding $800,000 since she had acquired the property in 2016 for $2.5 million.

During the spring of 2018, Miley let go of her equestrian ranch located in Hidden Hills for $5 million, which was the very same amount she originally spent on the property in 2015. This estate encompasses five acres and features a 6,500 square foot house with seven bedrooms, six bathrooms, a gym, a study, and a wine cellar. Additional amenities include a vineyard with 550 vines, a barn with ten stalls, a chicken coop, a riding arena, and two paddocks.

In July 2020, she paid $5 million to acquire a new 7,000-square-foot home in Hidden Hills, which she then sold in July 2021 for $7.2 million. Here’s how the property looked prior to Miley’s purchase: