How much is Miley Cyrus worth?
| Net Worth: | $190 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | November 23, 1992 (age 30) |
| Country: | United States of America |
| Height: | 5 ft 4 in (1.65 m) |
About Miley Cyrus
She’s starred in her own hit show, released several super successful albums, started a film career and been subject to multiple scandals. Miley Cyrus is daughter of “Achy Breaky” singer, Billy Ray Cyrus and got her start as a Disney star in her role as Hannah Montana.
While she was named Destiny Hope at birth because her parents, Billy Ray and Leticia, thought she was destined for great things. Her big smile got her the nickname “Smiley” which she later shortened to “Miley” and she legally changed it to Miley Ray in 2008. Growing up, Miley had her heart set on acting, and she pursued it directly being cast in Tim Burton’s Big Fish at the age of 11. However, it was only after being cast in the Disney Channel show Hannah Montana that she would become a sudden teen star.
Originally Miley had auditioned for a co-starring role, however producers invited her to Hollywood to audition for the lead. Being so young she was initially rejected, nevertheless she managed to charm her way into the character of Miley Stewart. It was an ideal role for the young up and comer who secretly moonlights as a pop star in the show. With the show’s incredible success, Miley became a teen idol with her acting and her music.
The music that Miley first began creating was marketed along with the show, including her first single which was also the theme song. Her album soon followed, in October 2006, and was the soundtrack for the first season. As Miley Cyrus, she released her debut album which sold 3 million copies. Her Best of Both Worlds Tour also sold out, with peddlers selling seats at massive markups of up to $2,000. The tour was a major success earning a total of $54 million.
Then, in September 2009, she commenced her Wonder World Tour, performing songs from her first album. She also was cast in her first serious movie, The Last Song, and soon after began a relationship with co-star, Australian actor Liam Hemsworth. They married in 2018 but divorced two years later in 2020.
With singles like “Party in the U.S.A.” released in 2009, Miley had well established her brand of pop and her hip-hop-influenced 2013 album Bangerz was Grammy nominated. After her 2015 Miley Cyrus & Her Dead Petz, she worked with members of Flaming Lips and Phantogram on Younger Now, released in 2017. She also continued her acting career in the role of Ashley O on the fifth season of Black Mirror, as well as released the album Plastic Hearts in 2020. She has shown better than just about any of her contemporaries that she can wear both hats performing as a singer and as an actress.
Miley’s Total Net Worth
Miley Cyrus was a much more successful Disney star than many people know about. Forbes magazine estimates that the Hannah Montana show helped her earn $134 million by the time she hit 18 years old. In 2021, she signed a deal with NBCUniversal worth $40 million for three television specials. Her 2009 Wonder World Tour grossed $66.9 million, her 2014 Bangerz Tour grossed $62.9 million.
When including her income from her tours and 55 million singles and 20 million albums sold worldwide, Miley has likely had career earnings of close to $325 million.
Of that amount, $13-24 million is expected to have been paid in business related costs. The remainder, $306.5 million, will have been taxed at a rate of around 48% as Miley Cyrus has mostly been residing in the state of California, and to a lesser extent Tennessee. After tax, it is estimated that her career earnings are at around $159.38 million dollars, having paid $147.12 million dollars in taxes.
Miley Cyrus married Liam Hemsworth in 2018 and they divorced two years later, in 2020. It seems that a prenuptial agreement protected Miley’s assets. In her personal life, Miley Cyrus is estimated to have spent $30-50 million dollars of her career earnings, including her donations. In 2020, Miley donated $10 million to Coronavirus relief efforts. She likely also possesses assets valued at around $25 million, not including investment assets. In her investments, she may have earned investment returns of $34-56 million dollars. Therefore, it is estimated that Miley Cyrus has a net worth of around $190 million dollars.
Summing-Up
Miley Cyrus has made her way as singer and as an actress, while also writing some of her own songs. Her music has been noted to blend styles including pop and experimental, rock and hip hop. While she originally became famous as a Disney star and daughter of Billy Ray Cyrus, after making it to number 1 on the Billboard Hot 100 she shed her image becoming a rock star icon in her own right.
