In 2024, Miley Cyrus remains in the spotlight with her impressive net worth, demonstrating her ability to earn money through a diverse and successful career. Known for her dynamic performances and bold persona, her achievements in the entertainment industry have firmly established her financial success and influence.
Let’s dive deep and see how she has accumulated her net worth and what her sources of income are.
What is Miley Cyrus’ net worth in 2024?
Miley Cyrus has an estimated net worth of $160 million in 2024.
Miley Cyrus is famous for her role as the lead character in the popular Disney Channel show Hannah Montana. She gained further fame as a successful singer and songwriter, with numerous hit singles and albums. Additionally, she is known for her acting roles in TV shows and movies, as well as her distinctive and influential presence in pop culture.
Miley Cyrus’ earnings explained — how does she make money?
Miley Cyrus’ sources of income include her career as a singer, songwriter, and actor. She earns from album sales, concert tours, and music royalties. Additionally, she gains income from acting roles in films and television, endorsements, and various business ventures.
Singer
Miley Cyrus became widely known as a singer after her role in the Disney Channel show Hannah Montana. She recorded the show’s title track and released many successful albums and singles. In 2024, she won her first Grammy Award for her single Flowers, which was a hit with listeners around the world.
Cyrus’ live performances are known for their elaborate stage designs and bold costumes. Her concert tours have been a major contributor to her net worth, generating hundreds of millions of dollars in revenue. Her music career has been very profitable, with her Best of Both Worlds Tour earning over $54 million and her Bangerz Tour bringing in nearly $62 million.
Song-Writer
In addition to singing, Cyrus is also a talented songwriter. She has often shared that songwriting brings her great joy. Writing her own songs has significantly boosted her income. For example, her early career album sales, including the Hannah Montana soundtrack, sold three million copies, adding to her earnings. She earns royalties whenever her songs are played, downloaded, or streamed, providing a steady and reliable income.
Actor
Miley Cyrus’s acting career skyrocketed with her role in Hannah Montana, earning her $15,000 per episode. This role catapulted her to fame and unlocked numerous opportunities in TV and film. Her success as an actress, along with her thriving music career, has made her one of the wealthiest entertainers. She starred in several films, including The Last Song and LOL, and voiced the character Penny in the animated film Bolt.
Real Estate
Miley Cyrus has made substantial investments in real estate, owning several properties worth millions of dollars. In 2017, she purchased a 30-acre ranch estate in Nashville, Tennessee, for $5.8 million. Additionally, she owns a Mediterranean-style mansion in Malibu and a mansion in Studio City, California. These real estate investments have yielded substantial returns and significantly contribute to her net worth.
