Miley Cyrus Net Worth: What Is Her Source of Income, and How Does She Spend It on Real Estate?

Miley Ray Cyrus is an American singer, songwriter, actress, and TV personality. She was born Destiny Hope Cyrus on November 23, 1992. Her music combines different styles and genres, such as pop, country pop, hip hop, experimental, and rock. She is known for her distinctive raspy voice. She has had thirteen albums in the top five of the US Billboard 200 in the 21st century, which is more than any other female artist.

Net Worth: $160 Million
Age: 28
Born: November 23, 1992
Country of Origin: United States of America
Source of Wealth: Professional Actress/Singer
Last Updated: 2022

Early Life

Destiny Hope Cyrus was born in Franklin, Tennessee, on November 23, 1992. Her parents are country singers Billy Ray Cyrus and Tish Finley. Cyrus was born with supraventricular tachycardia, a condition that makes the heart beat faster than normal when it is at rest.

Her parents gave her the name Destiny Hope because they thought she would do great things in the future. Because she always smiled as a baby, they called her “Smiley.”

Miley Cyrus Net Worth

That was shortened to “Miley” over time. In 2008, she changed her name on paper to Miley Ray Cyrus. When Cyrus was eight years old, she and her family moved to Toronto, Ontario, Canada, so that her father could film the TV show “Doc.”

Billy Ray took her to see a production in 2001 “Cyrus grabbed his arm and said, “This is what I want to do, daddy. I want to work as a performer.” She started taking acting and singing lessons in Toronto at the Armstrong Acting Studio.

Career

Doc, a family medical drama series that came out in 2001, was Cyrus's first role. Her father was the main character in this show and also wrote the theme music for it.

In 2006, she started to play the lead role in the TV show “Hannah Montana” on the Disney Channel. In the show, she played a famous pop singer who is 16 years old. The show was a big hit, and it gave this talented newcomer to the entertainment business her big break.

Hannah Montana's second season started in April 2007 and ended in October 2008. “Hannah Montana 2: Meet Miley Cyrus” was her first album, and it came out in June 2007.

She hosted Saturday Night Live and was on the MTV show Punk'd in 2011. The next year, she was in a few movies, including “Sex and the City 2,” “LOL,” “So Undercover,” and “Justin Bieber: Never Say Never,” a 3D concert film.

In November 2018, Cyrus went to South Africa to film an episode of the British science fiction show Black Mirror called “Rachel, Jack, and Ashley Too.” On June 5, 2019, it was put on Netflix.

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Miley Cyrus's Net Worth

Miley Cyrus is an American singer, songwriter, actress, and philanthropist with a net worth of $160 million. Her music has been in many different styles, from pop to country pop to hip hop.

Real Estate

Miley bought a home in the hills above Studio City, California, for $4 million in 2011. The house is built like a villa, with hacienda-style architecture, fountains that look like they belong in Tuscany, a red-tiled roof, and a swimming pool.

Miley told In Style magazine, “Some parts are really modern, but it's mostly old Italian country.” Billy Ray keeps his guitar collection in a room that used to be a wine room. In 2017, she bought a 30-acre ranch estate in the suburbs of Nashville, Tennessee, for just under $6 million.

 

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In November 2018, Cyrus said on social media that the Woolsey Fire had destroyed the Malibu home she shared with Liam Hemsworth. She was sad for her community and thankful that she, Hemsworth, and their pets were safe.

Liam was technically the owner of this property. He bought it from singer-songwriter Matthew Wilder for $6.8 million in 2014. In June 2020, Miley sold Matthew Wilder a different Malibu home for $1.7 million. Miley paid $2.5 million for this house in 2016, so she lost more than $800,000.

In the spring of 2018, Miley sold her horse ranch in Hidden Hills for the same amount of money she paid for it in 2015: $5 million. The 6,500-square-foot house sits on 5 acres of land and has 7 bedrooms, 6 bathrooms, a gym, a study, and a wine cellar.

A 550-vine vineyard, a 10-stall barn, a chicken coop, a riding arena, and two paddocks are also on the property. Miley bought a new 7,000-square-foot home in Hidden Hills for $5 million in July 2020.

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Personal Life

Miley told her mother when she was 14 years old, “I never want to be put into a box! I'm ready to love anyone who loves me for who I am. I am open.” She came out as pansexual.

Then, in June 2015, Time magazine said that Cyrus, who was 16 at the time, was gender fluid. This means that she doesn't identify as either a boy or a girl and that any future partner she may have can be a boy or a girl.

Miley Cyrus started dating Nick Jonas in the summer of 2006. Obviously, their relationship got a lot of attention from the media. Miley Cyrus said that right now she was “in love.” By the end of 2007, Cyrus and Jonas were no longer together.

 

Cyrus went out with model Justin Gaston for nine months in 2008 and 2009. Then, while filming “The Last Song” in 2009, Cyrus and Hemsworth started a relationship that would go on and off for a decade.

During the time she was not with Hemsworth, Cyrus went out with actors Lucas Till and Josh Bowman. From May 2012 until September 2013, Cyrus and Hemsworth were together. After they broke up, Cyrus went out with Patrick Schwarzenegger, Stella Maxwell, and Dane Cook.

Miley Cyrus Net Worth

Cyrus and Hemsworth got back together in March 2016, and in October 2016, they got engaged again. Cyrus and Hemsworth got married in December 2018. After nine months, Hemsworth filed for divorce in August 2019. In the fall of 2018, fires that spread through Los Angeles County burned down Miley Cyrus's house in Malibu.

After being friends for a long time, Cyrus and Australian singer Cody Simpson said they were in a “passionate” relationship in October 2019. Cyrus is open about the fact that she uses marijuana for fun. Miley Cyrus gave $10 million to help treat the Coronavirus in 2020.

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Summary

Miley Cyrus is one of the most wealthy teens who are famous. By the time she was seventeen, this teen star had already made a lot of money and was ranked ninth on the list of the “Top 20 World's Richest Female Singers of All Time.”

Miley Cyrus has a net worth of about $160 million as of 2022.

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