Miley Cyrus is an American born singer and actress who dominates the airwaves and television. Hailing from Tennessee, she starred in a hit Disney television show and released several top-selling albums. Miley Cyrus’ net worth is the result of her high-selling albums featuring her unique raspy voice on the Billboard 200.
However, Cyrus’ net worth comes from more than just her music, movie, and television work. Her real estate investments and brand endorsements also add to that number. Read on to discover Cyrus’ most profitable projects and trace her career from its beginnings until present day.
Destiny Hope Cyrus was born on November 23, 1992, in Franklin, Tennessee. Her parents, country singer Billy Ray Cyrus and Leticia Jean Cyrus nicknamed her ‘Smiley’, which actually they, later on, shortened to Miley. She always smiled as a baby even when she suffered from supraventricular tachycardia, which caused abnormal resting heart rate.
She later legally adopted the name Miley Ray Cyrus in 2008, her middle name honoring her grandfather. The singer’s godmother is the award-winning singer and songwriter Dolly Parton.
Cyrus went to Heritage Elementary School while living with the family in Thompson’s Station, Tennessee. In 2001, the family relocated to Toronto, Canada while Billy Ray filmed Doc, a television series. She then moved to Los Angeles while doing Hannah Montana and decided to study by private tuition.
Billy Ray took her to see Mamma Mia! stage production in 2001, which inspired young Miley to become an actress. At the Armstrong Acting Studio, she started her training.
Kickstarting Her Career
Before her breakthrough role, Cyrus debuted in her father’s show Doc as ’Kylie’. In 2003, she played ‘Young Ruthie’ in Big Fish, a Tim Burton movie. She scored the role in the Disney Channel show Hannah Montana, which premiered in 2006. It tells the story of an average girl who was also a secretly famous pop star. It was this role that propelled her to worldwide fame.
IMDB reports that Miley Cyrus’ net worth got a boost of $15,000 per episode of the series. But that number is likely closer to her Season 1 salary. With 98 episodes in total for the series, it’s likely that Cyrus got a considerable pay increase during her time with the show.
In 2007, Cyrus released a two-disc album Hannah Montana 2: Meet Miley Cyrus. It’s one of the singer’s four-album recording deals, which she signed with Hollywood Records. The first disc contained the show’s soundtrack. The second disc, on the other hand, was her debut studio album.
Cyrus’ follow-up album was Breakout (2008), which skyrocketed to the top spot on the United States charts at debut. It charted on the Billboard 200 like her previous albums. It achieved her highest first-week sales record.
The singer lent her voice in Bolt (2008), an animated film co-starring John Travolta. The film was her big screen debut, which also credits her as the co-writer of one of the movie’s featured songs. ‘I Thought I Lost You’, her duet track with Travolta earned a Best Original Song nomination at the Golden Globes.
In 2009, the singer-actress starred in Hannah Montana: The Movie, with ‘The Climb‘, the soundtrack single, earned crossover fame. The album itself charted on the Billboard 200, making it her fourth number-one album. Consequently, she became the youngest ever to achieve such a feat.
Cyrus released the EP ‘The Time of Our Lives’ (2009) with its lead single ‘Party in the U.S.A.’. The song became one of the pop star’s signature hits. Many critics received the record positively, some even saying it was an effective introduction to the singer’s maturity. In that year, she became Billboard’s fourth best-selling female artist.
She starred alongside Liam Hemsworth in a film adaptation of The Last Song (2010), Nicholas Spark’s outstanding novel. Although it earned a low rating from critics, the movie became a box office hit. She later released a full-length album called Can’t Be Tamed, which dragged her further away from her teen idol image. She gained plenty of controversy over her performances and lyrics.
Unlike her other albums, Can’t Be Tamed didn’t reach the top of the Billboard chart in the United States. She also released the last Hannah Montana soundtrack, which bombed commercially.
Controversy may have followed Cyrus, but she still managed to enter the Forbes Celebrity 100 list in 2010. Miley Cyrus’ net worth got a boost with her world tour Gypsy Heart without any North American dates. With her Hannah Montana obligations fulfilled, the singer announced her hiatus from music to enrich her acting career.
She starred in LOL in 2012, an independent film co-starring Demi Moore, and So Undercover (2013), a comedy film. She cut her long blonde hair into a pixie cut, further exclaiming that it changed her life.
Going Back to Music
Miley Cyrus resumed working on music in 2012, hiring Larry Rudolph as manager, who is known to represent Britney Spears. It marked the start of her future releases with RCA records. She made multiple collaborations for 2013, including ‘Ashtrays and Heartbreaks’ with Snoop Lion, and ‘Fall Down’ with William.
In 2013, Cyrus released ‘We Can’t Stop‘. Her comeback single became a commercial success across the globe. She followed up with another hit track, ‘Wrecking Ball’, which is a single from ‘Bangerz’ (2013). The album went on to debut at the top of the Billboard 200, selling 270,000 copies in the first week.
Cyrus released her fifth album in 2015 titled Miley Cyrus & Her Dead Petz, followed by her sixth studio album Younger Now in 2017. Her seventh full-length album is She Is Miley Cyrus (2019) originally comprising three-song EPs. She later announced in 2020 the cancellation of two Eps. In 2020, she finalized the release of the album, with the title changed to Purple Hearts.
The singer-actress served as a The Voice coach and mentor. She also appeared in the fifth season of Black Mirror (2019) as the pop star Ashley O.
Cyrus bought a home in Studio City, California in 2011. The villa-type house takes inspiration from an Old Italian country. In 2017, she purchased a 30-acre estate in Nashville, Tennessee.
The singer shared a Malibu home with Hemsworth but the Woolsey Fire in 2018 burned it down. She had an equestrian ranch in Hidden Hills, which the star sold in spring 2018. The massive property sits on a 5-acre ground with several amenities like a wine cellar and gym.
Miley Cyrus bought another home in Hidden Hills in July 2020, paying $5 million for a brand-new 7,000 sq. ft. house.
Miley labeled herself as a pansexual when she was age 14. In 2006, she and Nick Jonas dated, which became a media fanfare, although they broke up after over a year. The singer then dated Justin Gaston, a model in 2008. In 2009, she met her would-be husband Liam Hemsworth while filming The Last Song.
The couple married in 2018, a few years after their on-again off-again relationship. In 2019, Hemsworth cited irreconcilable differences for his filing for divorce. Cyrus then dated Australian singer Cody Simpson yet announced their split in 2020.
Miley Cyrus Net Worth Today
As of 2023, Miley Cyrus’ net worth is estimated at $160 million. Her music along with her TV and movie appearances made her earnings balloon to its current amount today.
At this time, Cyrus doesn’t have any upcoming movie or television projects in the works. However, the singer is continuing to focus on her music career and has no shortage of new music releasing in 2023.