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Miley Cyrus Net Worth

Does She Enjoy the Best of Both Worlds? (2022 Update)

It is hard to believe someone doesn’t know about Miley Cyrus. Although she is more popular among millennials and gen Z, she continues to be quite popular for her early years at Disney. 

Known for being an American singer, songwriter, and actress, she started her career as a child star on the Disney Channel series “Hannah Montana.”

Like most actors and actresses from the company, they tend to be focused on acting and dancing, singing, or bringing more than one talent to show. 

Miley was able to build a great career thanks to her time on the channel and series. Also, for taking part in more crossovers with some other Disney series to the point of giving acting a try in more serious projects, one of them being “The Last Song.” 

But while years pass, scandals follow. Cyrus is known for her achievements and kind of disasters in her personal life. Thus, there’s a lot to approach and learn about, even to understand where her money comes from today. 

With this in mind, shall we dive in?

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When Was She Born? – Destiny Hope Cyrus

Where should we start? Probably by the fact that her current name, “Miley,” wasn’t her original one. Instead, it was pretty much the previous one you find on the headline: Destiny Hope Cyrus. 

Born on November 23, 1992, in Franklin, Tennessee. She is the daughter of Tish Finley and country singer Billy Ray Cyrus. The reason behind her name lies in her supraventricular tachycardia condition that caused an abnormal resting heartbeat. 

Followed by this complication, her parents named her Destiny Hope as how she was fighting when born. 

The name “Miley” also has a very early inception. Because she was always smiling when she was a baby, they called her “Smiley.” Later, it was changed to “Miley” as a quick way to call him. 

It wasn’t until later in 2008 that she legally changed her name to Miley Ray Cyrus. 

Going back to her childhood, she was eight years old when she moved with her family to Toronto, Ontario, Canada, in 2001. 

Her father was filming the television series “Doc.” On one of those days during filming, she went we him to the shooting place, and Cyrus grabbed Billy Ray’s arm and expressed her desire to follow such career. 

In order to support her daughter, she started singing and taking acting lessons at the Armstrong Acting Studio, Toronto.

Cyrus was first seen in an acting role playing Kylie, a young girl, in her father’s television series. In 2003 Cyrus was given credit under her birth name for her role in “Young Ruthie,” Tim Burton’s movie about Big Fish. 

However, her big role came with the series “Hannah Montana” after Miley eventually auditioned for a lead role.

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The “Hannah Montana” show was a huge success, and Miley’s career as an actress and singer/songwriter was propelled by it. In 2006, the “Hannah Montana” soundtrack soared to number one in the charts.

Hollywood Records signed Cyrus a four-album recording deal to release her non “Hannah Montana” soundtrack music. Cyrus released “Hannah Montana 2” in June 2007 with two discs. 

The first disc contained Hannah Montana’s second season’s soundtrack, while Cyrus’s debut studio album was on the second disc. 

Miley’s second album, “Breakout,” debuted at number 1 in the U.S. Cyrus’ third studio album from 2010, “Can’t Be Tamed,” featured a dance-oriented sound. 

Finally, her fourth studio album, “Bangerz,” was hip-hop-influenced, while her fifth album, “Miley Cyrus & Her Dead Petz,” was released in 2015. Her latest album is “Plastic Hearts,” released in 2020. 

During the time of her success and fourth and fifth albums, a lot was going on in her personal life. However, we will get into that a bit later. 

Throughout her career, she has had many big hits, including “The Climb,” “Party in the USA,” “We Can’t Stop,” “We Can’t Stop,” and “Wrecking ball” (though the last one was kind of controversial). 

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Personal Life: More than Music & Acting

One of Miley’s more distinctive aspects is her sexual orientation. Miley was 14 years old when she spoke to her mother about this and mentioned how she didn’t want to be labeled as well as how she would love anyone who loved her in terms of deep relationships. 

This was when she declared herself pansexual. 

Many news and magazines covered this news even in 2015 when Time magazine released an article explaining how she came out when she was 16 years old (officially).

It stated that Cyrus was not gender fluid and that any future partner she might have can be either a boy or a woman or however this person identifies. 

Not long after, during her teenage dreams, Miley Cyrus and Nick Jonas began dating in summer 2006. Their relationship attracted a lot of media attention, considering their connections in Disney and how both artists were in the media’s eyes. 

However, they broke up by December 2007.

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During the next years, Cyrus dated Justin Gaston, a model, for nine months between 2008 and 2009.

Then, during filming 2009’s “The Last Song,” Cyrus and Liam Hemsworth met and began a decade-long on-again/off-again relationship. 

Cyrus also dated Josh Bowman and Lucas Till during Hemsworth’s off-seasons. From May 2012 to September 2013, Cyrus and Hemsworth got engaged, but they broke up once more as expected. 

After their split, Cyrus was in relationships with Dane Cook, Stella Maxwell, Patrick Schwarzenegger, and Stella Maxwell. 

Cyrus and Hemsworth reconnected in March 2016 and were engaged again in October 2016. They tied the knot in December 2018. However, Hemsworth filed for divorce nine months later, in September 2009. 

Miley’s relationship and personal life have been a topic to talk about for years, but also about her addition to weed and other substances, especially during the years of her “Bangerz” album release. 

After her divorce from Hemsworth, she started dating Cody Simpsons in October 2019 after being friends with him for years. However, they broke up ten months later.

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Miley Cyrus’ Net Worth: How Much Is She Worth?

If we have to discuss her fortune and where she earned so much money, it is clear that “Hannah Montana” and her music and the main reasons. However, there’s much more to cover. 

But before we get into detail, we need to set that Cyrus’ net worth stands at $160 million approximately, and this was the report for later 2021. We are expecting a new one based on new projects for this new year. 

Cyrus’ estimated net worth is $160 million.

Now, focusing on one of her main contracts and earnings, something is interesting to know: at the time “Hannah Montana” was aired, Cyrus claimed that she made five times her per episode salary for one concert, which was close to $75k per concert. 

Although the exact paydays of Cyrus’ tours are not known, it is safe to assume that they made a lot of money before and now. It is clear that most of her money comes from shows, hosting, and tours, where she makes 7x more than before. 

But what does it mean that she earned more for concerts than episodes? According to Cyrus, she earned $15.000 per episode on Hannah Montana for the first two seasons. However, even when she got more for the last ones, the increase wasn’t that big, according to her lawyers at the time. 

Now, she has taken part in other movies, and one of her most recent appearances was in the anthology series “Black Mirror.”

Although it’s not clear how much Cyrus was paid for her memorable appearance as Ashley, a pop star, the show’s creators say that she wasn’t there for a paycheck.

One of the representatives explained that if one of your main characters is a pop star from abroad, it’s a big help to have someone who understands what they’re doing in a Netflix video. 

She quickly discovered she has a great sense of humor and had been through quite a few things in this story. It was the darkness that appealed to her the most.

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Producer Annabel J. Jones stated that they considered Cyrus for the role almost immediately but “didn’t dream” that she would actually be interested. Jones stated that Cyrus’s own experience as a pop singer influenced the script and led to some changes in the story.

On the other hand, Miley starred in many advertisements and has gotten several deals over the years. One of the most influential ones was for the Gucci fragrance, Flora Gorgeous Gardenia.

This was one of her big campaigns, and, unfortunately, there’s no info disclosed of how much she earned. 

Finally, there isn’t an estimate of how much she made when it comes to her albums and music. But with easy and simple math based on copies sold, streaming, and how much the album and songs cost, you can get close to it. 

However, you will still be missing her cut in all that earning gap. 

We won’t miss that besides the actual money in cash, she has several investments in real estate. 

Miley bought a house in the hills above Studio City in California for $4 million in 2011.

Next, she paid just $6 million in 2017 for a ranch property of 30 acres near Nashville, Tennessee.

Cyrus shared her Malibu home with Liam Hemsworth in November 2018. However, Liam technically owned this property, who bought it from Matthew Wilder in 2014 for $6.8 million. 

Miley also sold a Malibu home to Matthew Wilder in June 2020 for $1.7 million, which she bought for $2.5 million in 2016, which means she quite lost the money. 

Later, she sold her Hidden Hills equestrian property for $5 million in spring 2018. This is the same amount she paid in 2015 for it. 

The 6,500-square foot home sits on five acres and has seven bedrooms, six baths, a gym, a study, and a wine cellar. There is also a vineyard of 550 vines, a 10-stall barn, and a chicken coop. The property also includes two paddocks.

Currently, she lives in one of the properties she paid $5 million for a Hidden Hills home of 7,000-square feet in July 2020.

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More than a Heart Breaker: Charity Work & Causes

Leaving aside all the drama, Miley has made sure to contribute significantly to several causes by being a spokeswoman, donating resources, and taking part in a wide range of projects. 

Regarding sexuality, she is a big influence in today’s generation as she has been pansexual for a while and named ashamed of letting others know. 

When it comes to foundations, she supports over 40 different ones, starting with Amnesty International, City of Hope, and CORE. 

She is also part of the Elton John AIDS Foundation and the GRAMMY Foundation. 

Recently, she has made sure to take part in some regarding medical issues and music, like the Red Cross, NYCLASS, and MusiCares. 

As for the current problem with COVID-19, she is known for having donated $10 million to relief efforts and is active in the battle to end the pandemic.

For the LGBTQIA community, she has donated to several movements across the USA and takes part in campaigns, parades, speaks in many events, and makes sure to encourage others to raise their voice. 

A lot is going on in her life as part of giving back, which is why the media strongly focuses on her personal life but also charity work. 

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Our Top 5 Best Quotes by Miley Cyrus

  • “Beauty is the enemy. We try to conquer not feeling beautiful all our lives. It’s a battle that can’t be won. There’s no definition of beauty. The only way to achieve beauty is to feel it from inside without breaking it down into individual physical attributes.”
  • “I learned from you that I do not crumble. I learned that strength is something you choose.”
  • “Remember what things make you special and embrace those because there are so many things that aren’t on the outside that are so important and people find so beautiful.”
  • “The biggest moments of insecurity come when all self-confidence is lost, and you feel like people are watching and judging. It should be the opposite. You should feel like the people who are watching care about you. This is something we can try to give each other – the feeling that eyes signal support, not disdain.”
  • “The greatest opportunities in life come with fear and risk.”

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