Miley Cyrus is a popular singer and songwriter who amazes us with her stunning transformations. She always knows how to catch the public’s attention and how to keep her fans engaged in her performances. She is also a dedicated philanthropist. Her songs feature many styles, such as country-pop, hip hop, and pop.
How Much Is Miley Cyrus Worth in 2020?
Miley Cyrus net worth is impressive: $160 million. She is definitely one of the most successful and richest pop stars in the world. At the same time, Cyrus received plenty of criticism because of her controversial ways in which she chooses to express her creativity.
From a cute little Disney Channel princess, Miley became a wild pop singer, a good girl who’s gone bad, some may say. People may love or hate her, but, either way, we are all aware of her success and her skyrocketing album sales. Her celebrity net worth of $160 million is simply astonishing.
Miley’s real name is Destiny Hope, and she came into this world on the 23rd of November, 1992. She was born in Franklin, Tennessee. Miley is Billy Ray Cyrus’ daughter, the popular country star. Her parents used the moniker Smiley to address their daughter because it appears that she was always happy and joyous. Later on, they shortened that nickname to Miley.
The Beginning of Miley’s Career
RapTV said that she dreamed of becoming an artist from a very young age. As a little girl, she wanted to pursue an acting career, so her parents took her to both acting and singing classes. Eventually, she appeared on the Doc TV series, which was her father’s show.
Then, in 2013, Miley starred in the Big Fish movie, directed by Tim Burton. One year later, she got her big breakthrough by getting the role of Hannah Montana. The show’s creators said that Miley was a bit small and young for the part, but they picked her anyway due to her convincing acting and singing abilities.
From that moment, Cyrus’ career rose, and her fame went through the roof. In 2006, her Hannah Montana soundtrack album was released. It became highly popular, but that comes as no surprise. The following year, she starred in Hannah Montana 2 in which she supposedly reveals to her fans that Hannah is, in fact, Miley.
The whole project concluded with an amazing concert tour that had a very inspired name: Best of Both Worlds. Fans bought all the tour’s tickets in record time. Shortly after that, Miley’s popularity took off.
Becoming a Famous Pop Star
The artist’s second studio music album saw the light of day in 2008, and it was titled Breakout. During the first week since its release, fans bought over 370,000 copies. This made the album a massive hit. Party in the USA was her 2009 single, which was one of the best-selling songs of all time.
Miley offered the Can’t Be Tamed album to her public in 2010, but that didn’t have the same success as her previous projects because of all the controversies surrounding the album’s lyrics as well as her live performances. We get it! Miley tried to change the way others perceived her, but she went a tad too far, even for people who loved her.
Although her 4th Hannah Montana soundtrack (the final one, too), which she released in 2010, was another commercial failure, she didn’t stop trying. She kept following her dreams. With time passing by, Miley distanced herself from the little Hannah Montana image. She accomplished that with powerful singles such as Wrecking Ball and We Can’t Stop that made it to the top of Billboard and MTV hit charts.
Miley was a new entire persona by the time she launched her 4th studio album. Bangerz was released in 2013, and it received some good sales. Another album came in 2015, and it contained some psychedelic and experimental influences.
“Malibu” was another successful single that Cyrus included in her music portfolio. Cyrus has had a prolific career if we consider how many albums she has created in just a couple of years. In 2017, she released the Younger Now album, and, in 2020, She Is Miley Cyrus came out.
Film Career & Additional Projects
No one can say that Miley doesn’t have a successful musical career. However, she still managed to chase her other childhood dream of starring in movies and becoming an actress. Cyrus worked hard to be able to perform as an actress while also honoring her concerts and events as a singer.
So, she appeared in Bolt, which is an animated movie launched in 2008. She had a voice role there. Right after that, Hanna Montana: The Movie came out in 2009, and it was followed by The Last Song, the next year. Other films she starred in are So Undercover in 2012 and the Night Before in 2015.
As you can see, Cyrus was busy doing what she loves most: performing and making her audience happy.
Besides all her projects as a singer, songwriter, and actress, Miley earns decent money from her YouTube channel. She also has many endorsement deals as well as a signature clothing line that’s sold by Walmart.
Houses, Cars, and Other Assets
She is extremely wealthy, so the fact that she owns a large and extravagant property is somewhat natural. Her house in the Hidden Hills, Los Angeles, was a mansion with ranch-style influences, and she paid $5 million for it. The estate is 6,500 square feet, and it features a wine cellar, a large pool area, a vineyard, and an outdoor fireplace.
Miley sold her LA ranch in 2018 for the same amount she bought it with. By the time she was 19 years old, Miley had already purchased three houses.
But that’s not the only property she owned. She had another house in Malibu as well; we’re talking about the one that got damaged in the California wildfires. Her Malibu house was worth $2.5 million. She used to live there with Liam Hemsworth back when they were an item.
A third house that Miley bought was a $5.8 million mansion. This country estate was located in her hometown, Tennessee. This was also an investment that she made during her relationship with Liam. The house’s interior was decorated with chic country elements. You could say she bought a modern farmhouse.
Miley is proud of her amazing car collection, too. She used to have seven cars, but one of them got stolen. The robbers stole Cyrus’ Maserati Quattroporte. Her car collection is pretty impressive, especially for a girl, if I may say so. Some of the greatest vehicles Miley has are a Range Rover Sport, a Porsche Cayenne, and two Mercedes Benz.
Miley and Liam Signed a Prenup Agreement Prior to Their Marriage
After Liam and Miley’s breakup and during their divorce, some of the official documents were made public, and we have all seen that the actor made sure he has some of the best lawyers in the US by his side. Another thing that was revealed during the separation process was the former couple’s iron-clad prenuptial agreement.
During their relationship and their short-lived marriage, the couple has purchased several properties. The two got married on the 23rd of December 2018, at Cyrus’ home, in Nashville.
One of the lawyers Liam hired for the divorce is the well-known Hollywood personality, Laura Wasser. The couples Laura works with are mostly celebrities. She has a stellar track record. Laura’s father is also a successful lawyer. She was raised in Beverly Hills. During her career, she represented popular stars such as Britney Spears, Megan Fox, Anna Faris, Jennifer Garner, and many others.
Miley’s Net Worth Over Time
In terms of Miley’s wealth evolution, she has achieved a lot since her debut as Hannah Montana. Today, Cyrus is one of the richest celebrities in the world. When she was starring in Hannah Montana, Miley used to earn around $15,000 per episode. Her earnings were also boosted by album sales.
The pop star’s net worth in 2006 was approximately $2 million. The Best of Both Worlds concert tour from 2007 truly did wonders because it increased Miley’s net worth to more than $50 million.
In 2010, Cyrus’ net worth overcame a huge milestone: it surpassed $100 million. Then, 2014 was another fruitful year for the singer due to her $63 million in earnings. In 2016, Miley’s YouTube channel brought her $15 million. In the same year, she made no less than $12 million from endorsement projects.
The part of her career that brings the most revenues is represented by her concert tours.
Miley Is Richer than Her Famous Father
More and more young Hollywood celebrities are wealthier than their famous parents, and Miley is not an exception. Billy Ray Cyrus may have introduced Miley to the entertainment industry, but she proved to be an excellent pupil, and she managed to surpass her “teacher.” In 2011, she was reportedly the richest teenager in Hollywood.
Billy Ray Cyrus earned his money from album sales, brand endorsements, acting, and charity work. In 2019, his net worth was $20 million.
Miley’s net worth is $160 million. It is gigantic, and it continues to increase. Kudos for her since she achieved a lot of money doing what she loves most: singing and acting. Not many people are that lucky! At 27, the pop star is still very young, and we’re sure she still has many other interesting projects planned for the future.