Miley Cyrus Net Worth 2024: Miley Cyrus has a net worth of about $170 million in 2024. How did she achieve that? Here’s a brief summary of how she made so much money.
Miley Cyrus Net Worth 2024
Net Worth (2024) | $170 Million |
---|---|
Profession | Actress and Singer |
Monthly Income | $1 Million + |
Yearly Income | $10 Million + |
Nationality | USA |
Childhood and Youth:
Miley Cyrus was born in 1992 in Franklin, Tennessee, to country singer Billy Ray Cyrus and film producer “Tish” Finley. Her birth name was Destiny Hope Cyrus. She has two younger siblings, Braison and Noah, and two older half-siblings, Brandi and Trace. Dolly Parton is her godmother.
As a child, she was nicknamed “Smiley” because she smiled a lot, which became “Miley.” In 2008, she changed her name to Miley Ray Cyrus to honor her grandfather. She grew up on a farm in Tennessee, attended school there, and was part of a cheerleading team.
Since 2005, her family has lived mainly in Los Angeles. Miley was raised Christian, was baptized, and wore a purity ring to symbolize waiting until marriage. In 2008, she started a YouTube series with her backup dancer, which got millions of views, and in 2009, she published her biography Miles to Go.
Miley Cyrus’ Music Earnings:
If you look at their careers and salaries, it’s clear that Hollywood celebrities make about 18 million US dollars more each year on average. To make this clearer, here are two examples from 2013 and 2014, based on Forbes magazine.
In 2013, Miley Cyrus made $76.5 million, and in 2014, she earned $36 million for herself and her team.
Forbes named Miley to its 2022 “30 Under 30” list in the music category. Reflecting on her career, Miley said:
“One thing I’m very proud of is that I started my business before I got my period. And now I’ve performed at Carnegie Hall and Madison Square Garden and inducted Joan Jett into the Rock and Roll Hall of Fame—all while on my period. It never stopped me from being a businesswoman.”
Career (The Beginnings of Miley Cyrus)
In 2001, Miley Cyrus’s family moved to Toronto for her father’s TV show, Doc. After seeing Mamma Mia!, Miley told her father she wanted to act. She took acting and singing lessons and got her first role in Doc as Kylie, and later in Big Fish as Ruthie.
At eleven, Miley auditioned for Hannah Montana, initially for a supporting role but was later considered for the lead. Despite being told she was too young, she got the role of Miley Stewart.
Miley’s parents signed her with manager Mitchell Gossett and Morey Management Group for her music career. Dolly Parton gave them advice. Miley’s finances are handled by her father, and her mother helps manage her career. For school, Miley used Options for Youth Charter Schools and took private lessons on set.
Breakthrough with Hannah Montana (2006–2007) In March 2006, Hannah Montana premiered on the Disney Channel and quickly became a huge hit, making Miley Cyrus a global sensation. She was the first to have contracts with Disney for TV, film, music, and merchandise. Miley released her first song for the series in 2006 and her debut album in April 2006. In June 2007, she released a double CD, Hannah Montana 2: Meet Miley Cyrus, which also topped the charts.
Second Studio Album and Films (2008–2009) After finishing her first tour, Miley starred in the 3D movie Hannah Montana & Miley Cyrus: Best of Both Worlds Concert, which grossed $70 million worldwide. Her second album, Breakout, was released in July 2008 and also reached number one. Miley voiced Penny in the movie Bolt and began taking on more serious roles, including Hannah Montana: The Movie.
Can’t Be Tamed and Focus on Film (2010–2011) Miley started filming the final season of Hannah Montana and released her third album, Can’t Be Tamed, in June 2010. The album had a new style and was more successful in Europe. She also appeared in the movie LOL: Laughing Out Loud and started her Gypsy Heart Tour in 2011.
Return to Music (2012–2013) In 2012, Miley contributed to a Bob Dylan tribute album and appeared in Two and a Half Men. In 2013, she collaborated with various artists and released her album Bangerz, featuring the hit singles “We Can’t Stop” and “Wrecking Ball”.
Bangerz, Miley Cyrus & Her Dead Petz, and The Voice (2013–2016) The Bangerz album was a major success, and Miley won Video of the Year at the MTV Video Music Awards. Her next album, Miley Cyrus & Her Dead Petz, was released for free on SoundCloud. She also served as a judge on The Voice in 2016.
Younger Now (2017–2019) Miley released Younger Now in September 2017 and made donations to Hurricane Harvey victims. In 2018, she released “Nothing Breaks Like a Heart” and appeared on RuPaul’s Drag Race. She played a lead role in Black Mirror in 2019 and released “Don’t Call Me Angel” with Lana Del Rey and Ariana Grande.
Plastic Hearts (2020–2022) Miley’s album Plastic Hearts came out in November 2020, featuring covers of rock classics. She performed for healthcare workers in February 2021 and signed with Columbia Records. Miley also collaborated with Elton John on a cover of “Nothing Else Matters”.
Endless Summer Vacation (2023) In March 2023, Miley released Endless Summer Vacation, her first album with Columbia Records. The single “Flowers” won a Grammy for Best Solo Pop Performance in 2024.
Miley Cyrus’ Inspiring Social Impact:
In July 2008, Miley Cyrus started the Pappy Cyrus Family Foundation to help disadvantaged families in the US. She auctions off used clothes, including Hannah Montana items, and visits children’s hospitals during tours. She also raises funds for the Make-A-Wish Foundation and meets fans.
Haiti and Other Global Efforts After the Haiti earthquake, Miley visited to help victims with the Starkey Hearing Foundation and participated in benefit programs like Stand Up to Cancer and charity songs like “Send It On” and “We Are the World 25 for Haiti.”
Other Charitable Projects Miley supports:
- Get Ur Good On: Encourages youth involvement in social projects.
- Blessings in a Backpack: Provides weekend food for children in need.
- Elton John AIDS Foundation: Supports HIV/AIDS awareness and treatment.
In 2014, she founded the Happy Hippie Foundation to aid homeless youth and LGBTQ individuals. After her Malibu home was destroyed in the 2018 wildfires, she and Liam Hemsworth donated $500,000 to the Malibu Foundation.
Recent Contributions In August 2017, Miley donated $500,000 to Hurricane Harvey victims. In 2019, she performed at the Sunny Hill Festival in Kosovo, which supports people in financial difficulty.
Miley Cyrus Forbes Rankings and Earnings Over Time
In 2008, Miley Cyrus is on the Forbes Celebrity 100 list at 35th place, with $25 million earned. Forbes says her franchise is worth $1 billion.
Television and Singing Earnings In 2010, Cyrus earns $15,000 per Hannah Montana episode. At 17, she is 19th among the richest female singers with $100 million earned in five years. In 2011, she is the richest teen in Hollywood with $120 million.
Rankings and Earnings Over Time
- 2009: Is 29th on Forbes’ list, earning $25 million.
- 2010: Moves to 13th place with $48 million. She is also the fourth richest celebrity under 30.
- 2011: Is not on the list.
- 2023: Is 7th on Forbes’ list
Miley Cyrus Net Worth Growth
2024 | $170 Million |
2023 | $160 Million |
2022 | $150 Million |
2021 | $140 Million |
2020 | $130 Million |
2019 | $120 Million |
Miley Cyrus Assets
- House: Miley Cyrus is a highly successful and wealthy American celebrity. She owns several properties across the United States, including a luxurious mansion in Hidden Hills, California, valued at nearly $6 million. Additionally, she has properties in Tennessee, Los Angeles, Las Vegas, and New York.
- Cars: Miley Cyrus, incredibly wealthy, boasts a luxury car collection including a Porsche, Rolls-Royce Phantom, Bentley Continental, and Jaguar F-Type.
Other Notable Cars in Miley’s Collection:
- Range Rover Sport (2013)
- McLaren MP4-12C (2012)
- Mercedes ML 450 Hybrid (2011)
- Porsche Cayenne GTS (2008)
- Smart Fortwo (2007)
- Maserati Quattroporte (2014)
- Infiniti G35 Coupe (2005)
- Mercedes SL550 Convertible (2012)
- Toyota Prius
- Chevrolet ZL1 (2018)
- BMW 3 Series 355i (2009)