As of late 2024, Miley Cyrus’s net worth is a staggering $160 million, a fortune built over nearly two decades of continuous reinvention and global stardom. The 31-year-old artist, who successfully transitioned from a beloved Disney Channel star to a two-time Grammy-winning icon, has seen her wealth significantly bolstered by the massive success of her 2023 album, Endless Summer Vacation, and the record-breaking single "Flowers."
This deep dive explores the exact sources of her wealth, from her early days as a child actress to her current status as a music mogul, uncovering surprising details about her tour earnings, lucrative brand partnerships, and extensive real estate investments that contribute to her colossal fortune.
Miley Cyrus: Full Biography and Career Milestones
Miley Ray Cyrus was born Destiny Hope Cyrus on November 23, 1992, in Franklin, Tennessee. Her early life was steeped in country music royalty, as she is the daughter of country star Billy Ray Cyrus and Tish Cyrus. Music legend Dolly Parton is her godmother, an influential figure who foreshadowed her own path to stardom.
She officially changed her name to Miley Ray Cyrus in 2008, adopting her childhood nickname "Smiley," which was shortened to Miley. Her career exploded in 2006 when she landed the lead role in the Disney Channel series Hannah Montana.
- Full Name: Destiny Hope Cyrus (Legally changed to Miley Ray Cyrus)
- Date of Birth: November 23, 1992
- Birthplace: Franklin, Tennessee, U.S.
- Parents: Billy Ray Cyrus (Father), Tish Cyrus (Mother)
- Godmother: Dolly Parton
- Net Worth (2024): $160 Million
Key Studio Albums
Her discography spans multiple genres, showcasing her constant evolution as an artist.
- Meet Miley Cyrus (2007)
- Breakout (2008)
- Can't Be Tamed (2010)
- Bangerz (2013)
- Miley Cyrus & Her Dead Petz (2015)
- Younger Now (2017)
- Plastic Hearts (2020)
- Endless Summer Vacation (2023)
Notable Film and Television Roles
- Hannah Montana (TV Series, 2006–2011)
- Hannah Montana: The Movie (2009)
- The Last Song (2010)
- LOL (2012)
- The Voice (Coach/Advisor, various seasons)
- Black Mirror (Episode: "Rachel, Jack and Ashley Too," 2019)
How Music and Touring Built Her $160 Million Empire
While her initial fame and wealth came from the Hannah Montana franchise, the vast majority of Miley Cyrus's current net worth is derived from her massively successful music career, particularly her touring and streaming revenue.
The Shocking Truth About Her Tour Earnings
Miley Cyrus is a touring powerhouse, but not all her tours have been immediate cash cows. Her 2007 Best of Both Worlds Tour, which capitalized on the Hannah Montana craze, was an early financial success. However, her 2014 Bangerz Tour, which grossed approximately $63 million in ticket sales, famously did not yield a profit for the star herself.
She revealed that she funded the entire elaborate production herself and "didn't make a dime" from the tour's revenue, stating that she chose to invest the gross earnings back into the show's artistic vision, an unusual move for a superstar of her caliber.
The "Flowers" Effect: A 2024 Financial Windfall
The release of her 2023 album, Endless Summer Vacation, and its lead single "Flowers," marked a significant financial peak. The song was a global phenomenon and became the highest-earning track on Spotify in 2023.
- The track accumulated over 2.8 billion streams, contributing substantially to her 2024 income.
- The album debuted at No. 3 on the Billboard 200, achieving 119,000 equivalent album units in its first week.
Furthermore, at the 66th Annual Grammy Awards in 2024, Miley Cyrus won her first two Grammys: Record of the Year and Best Pop Solo Performance for "Flowers," solidifying her status and likely increasing her future earnings potential for endorsements and performance fees.
Miley Cyrus’s Lucrative Endorsements and Smart Investments
Beyond music, Miley Cyrus has strategically partnered with high-end brands and made smart angel investments, diversifying her income streams and adding to her topical authority in the business world.
Luxury Brand Partnerships
Miley has moved past typical celebrity endorsements to become a face for luxury and wellness brands that align with her evolving personal brand. Her major partnerships include:
- Gucci: She has served as the face of the Gucci Flora Gorgeous Gardenia fragrance campaign, a high-profile deal that is highly lucrative.
- Hers: A partnership with the health and wellness brand Hers, reflecting her public advocacy for mental health and self-care.
Angel Investor and Entrepreneur
Miley has also stepped into the role of an angel investor, putting her capital into promising startups.
- FanMade: An investment in FanMade, a platform focused on creating unique "superfan experiences," tapping into the creator economy.
- Dolce Glow: In 2023, she invested in the self-tanning brand Dolce Glow, a move that showcases her interest in beauty and lifestyle ventures.
The Multi-Million Dollar Real Estate Portfolio
A significant component of Miley Cyrus's $160 million net worth is her substantial and diverse real estate portfolio. She is known for buying and selling properties that match her current mood and lifestyle, treating real estate as both an investment and a creative outlet.
Key Property Investments
Her portfolio has included properties across the United States, demonstrating a keen eye for high-value locations.
- Malibu Mansion (2022): Her most expensive purchase to date was a $7.9 million, six-bedroom mansion in Malibu, marking her return to the area after a previous home was lost in the 2018 Woolsey Fire. This property is a major asset.
- Hidden Hills Home: She owns a remodeled home in the exclusive Hidden Hills gated community, purchased for just under $5 million.
- Nashville "Home Base": She maintains a property in Nashville, Tennessee, which she has referred to as her "home base," keeping a connection to her country roots.
By constantly evolving her public image, dominating the music charts with hits like "Flowers," and making shrewd investments in real estate and emerging businesses, Miley Cyrus has ensured her net worth remains one of the highest among former Disney stars. Her financial future, backed by her own record label (Columbia Records Group) and her philanthropic work with the Happy Hippie Foundation, appears poised for continued growth well into 2025.
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