Miley Cyrus’s Net Worth: $200.0 Million
Miley Cyrus may have kicked off her career as Disney sweetheart Hannah Montana, but the 24-year-old star has come a long way since then. Miley Cyrus’ net worth hit $200 million in 2017; mainly from her sold-out albums and concerts.
Miley Cyrus has been a household name since she was just 11 years old. The multi-talented singer and actress is one of the most-followed celebrities on social media, and is a role model to her fans all across the globe. At the beginning of her career, Cyrus’ image was that of a wholesome girl-next-door, but in recent years it has spiraled to that of a good girl gone bad, making her one of the most talked about celebrities today. Her outrageous stage antics and over the top outfits have left her loyal fans dumbfounded as she completely rewrote her public persona. Her theatrics have included sticking out her tongue and twerking, much to the dismay of her tween fan’s parents who looked to the “Wrecking Ball” singer as a teen idol. While her image has undergone a makeover more times than she can count, Miley Cyrus’ albums sales and concert tickets have continued to skyrocket. With her acting career now history, Cyrus’ sole focus is on her music and today, she is one of the wealthiest celebrities worldwide. Here is everything you need to know about Miley Cyrus’ net worth, age, dating life, endorsements, and earnings.
Miley Cyrus’s Net Worth Breakdown
Although Cyrus has been in the public eye since childhood, she wasn’t always the “Can’t be Tamed,” cannabis-using, controversial figure she is today. The bold and sensational singer landed her breakthrough role by accident, while auditioning for the character’s best friend in Hannah Montana. Her singing and acting skills impressed the show’s producers and, despite being too “young and small” for the role, Cyrus became the beloved undercover pop star.
She quickly became a poster for child actors because of her high-profile relationships with co-stars and her commercially successful soundtrack. The next few years saw Cyrus signing a coveted record deal, embarking on tours, and becoming a YouTube star. It wasn’t long before Hollywood directors came knocking at her door, and Cyrus scored a Golden Globe nomination for her animated flick Bolt in 2008.
Fast-forward one decade, Cyrus is still one one the most famous celebrities on the planet. The celebrated pop star has belted out chart-topping hits like “Party in the U.S.A,” “We Can’t Stop,” “The Climb,” and “Adore You,” which have made her immensely popular. To date, she has released five wildly successful studio albums: Meet Miley Cyrus (2007), Breakout (2008), Can’t Be Tamed (2010), Bangerz (2013), and most recently the psychedelic Miley Cyrus & Her Dead Petz (2015).
Miley Cyrus’ net worth increased at a fast pace, landing her the No. 17 spot on Forbes‘ 100 Highest-Paid Celebrities in 2014. While her biggest role is still Hannah Montana, Cyrus’ fourth studio album, Bangerz, was certified platinum with the singer raking in around $2.5 million from album sales. The money-making musician is one of the most bankable stars in the music industry and has earned over $100.0 million from her sold-out concerts. Cyrus’ melodious voice has earned her several awards and accolades, even allowing her to appear as a coach on season 11 of the hit reality singing competition The Voice.
Miley Cyrus Net Worth Breakdown
|Studio Albums||$16.0 Million|
|Other Albums Released in 2008-2009||$3.0 Million|
|Lead Singles||$2.0 Million|
|Singles as Featured Artist||$88,000|
|Miley Cyrus Concert Tours||$201.0 million|
|Acting (2001-2012)||$7.0 Million|
|Miley Cyrus YouTube Earnings (Since 2009)||$15.0 Million|
|Investment Income (2006-2015)||$30.0 Million|
|Total Miley Cyrus Lifetime Earnings (2001-2017)||$364.0 Million|
|Estimated Annual Salary||$18.0 Million|
|Total Net Worth in 2016||$197.0 Million|
Miley Cyrus’ Acting Stints: Hollywood and Hannah Montana
Miley Cyrus comes from a long line of celebrities and musicians. Her father is “Achy Breaky Heart” singer Billy Ray Cyrus, and her grandfather was Democratic politician Ronald Ray Cyrus. Not many people know that Cyrus’ godmother is none other than Dolly Parton who famously stated, “The girl can write. The girl can sing. The girl is smart. And she doesn’t have to be so drastic. But I will respect her choices.”
She and her siblings, Trace and Noah Cyrus, were raised in a Christian household on a 500-acre farm in Franklin, Tennessee. Miley Cyrus’ parents, Billy Ray and Leticia Jean, named their daughter Destiny Hope, but would call her “Smiley,” soon shortened to simply “Miley,” because of her adorable grin.
Cyrus displayed remarkable singing talent at a young age, and was inspired to pursue a music career after seeing her father perform at his concerts. She landed her first acting gig with a minor role on Billy Ray Cyrus’ TV show Doc, playing the role of a girl named Kylie.
After making several TV appearances, Miley proved to be a natural in front of the camera and bagged the lead role in Hannah Montana which was a career-defining moment for the 11-year-old. The show became an instant success and catapulted little Miley to fame overnight. Hannah Montana ran until 2011 giving Cyrus a high payout of $1.9 million. She also starred in spin-offs like Hannah Montana: The Movie, before being cast in the Nicholas Sparks romantic drama The Last Song opposite on-again, off-again boyfriend-turned-fiancé Liam Hemsworth.
Music Career: Album Sales, World Tours, and Performances
Miley Cyrus heavily leaned towards country music at the beginning of her career, inspired by her father. However she quickly emerged as a pop star, courtesy of Hannah Montana, and her debut album Meet Miley Cyrus sold over a million copies. Cyrus’ career took off with her first hit single “See You Again,” and her subsequent four albums padded Miley Cyrus’ net worth to the tune of $16.0 million.
After her drastic image makeover, Cyrus released her fifth album, Miley Cyrus and & Her Dead Petz in 2015; a self-produced album whose production costs were only $50,000. Although she didn’t rake in much from the album that was freely available for online streaming, Miley Cyrus’ world tours and sold-out concerts made her a staggering $100.0 million. Following the widespread acclaim of her last tour, Miley Cyrus’ net worth spiked to $200.0 million in 2017, making her one of the highest-selling musicians in the world! About 95% of Miley Cyrus’ earnings are estimated to be from her tours, with her Bangerz Tour adding a cool $60.0 million to her already vast fortune.
Miley Cyrus the Savvy Businesswoman
Besides her music career, Miley Cyrus’ YouTube channel—which has over eight million subscribers and two billion views—made her $15.0 million in 2016, along with $12.0 million from her lucrative endorsement deals. Not surprisingly, the sought-after star has several endorsements including her $7.0 million deal with Hannah Montana and $5.0 million from her exclusive line at Walmart. Miley Cyrus’ earnings also include her numerous investments that yield her an additional $29.0 million, along with her $3.0 million fee for new endorsements.
With so much money at her disposal, it’s no wonder that Cyrus can afford a house in the same area as none other than reality star Kim Kardashian and her rapper husband Kanye West. Miley Cyrus’ house in Hidden Hills is a 6,500-square-foot ranch-style mansion that set her back a cool $5.0 million. The extravagant home features a wine cellar, a vineyard, an outdoor fireplace, and a 10-stable barn in the backyard. It remains to be seen whether Miley Cyrus and her hunky Australian fiancé Liam Hemsworth will settle down at her estate. Whatever they decide, Cyrus’ fans can rest assured that they haven’t heard the last of her yet.