Profile
American Singer-Songwriter and Actor
#95 in Singers today
As of 2024, Billy Ray Cyrus has a net worth of $28 million. He also made TV appearances alongside his daughter Miley Cyrus, making an estimated $50,000 per episode, according to Forbes.
Divorce Settlement
Billy Ray Cyrus has reached a divorce settlement with his wife, Tish Cyrus. As part of the settlement, Cyrus will pay Tish a $6 million lump sum and give her several properties, including a 4-bedroom villa in Franklin, Tennessee, and a vacation home in Malibu, California.
The divorce settlement is a major financial blow to Cyrus. His net worth is estimated to be around $28 million, so the $6 million lump sum payment represents a significant portion of his wealth. He is also giving up two of his most valuable assets.
Billy Ray Cyrus Net Worth 2024 (Forbes)
| Net Worth | $28 million |
| Net Worth before Miley | $10 Million |
| Annual Income | $5 Million |
| Concert Earnings | $250k per show |
| Bank Balance | $1.6 Million |
| Stock Portfolio | $2.4 Million |
Real Estate Investments
Billy Ray Cyrus lives on a sprawling 200-acre farm in Thompson’s Station, Tennessee, just outside of Nashville. He bought the property in 1999 for $5 million from George Strait.
The farm features a 10,000-square-foot main house, a guest house, a recording studio, a barn, and a swimming pool.
Top Earning Music
| Song/Album | Revenue |
|---|---|
| Achy Breaky Heart | $20 million |
| Some Gave All | $9 million |
| Storm in the Heartland | $6 million |
| It Won’t Be the Last | $4 million |
| Home Sweet Home | $3 million |
Business Losses
In addition to his music and acting career, Cyrus is also a businessman. He has his clothing line, record label, and production company.
But don’t be surprised, he lost big in these businesses. For instance, his production company went bankrupt after millions were swindled away by his managers, due to lack of oversight.
What ever money he lost through his production company, Billy Ray Cyrus was able to recover his wealth through clothing line and sale of merchandise.
Personal Life
Cyrus has been married twice. He married Cindy Smith in 1986, and they had one son, Christopher Cody, before divorcing in 1991.
He married Tish Finley in 1993, and they had two daughters, Miley and Noah, and two sons, Braison and Trace.
Cyrus and Tish Cyrus announced their separation in 2022, and they filed for divorce in 2023.
FAQs
Billy Ray Cyrus made an estimated $20 million off of his hit song "Achy Breaky Heart." The song was a crossover hit, reaching number one on both the Billboard Hot Country Songs chart and the Billboard Hot 100 chart.
Cyrus has released 16 studio albums, 5 live albums, and 53 singles. His music has sold millions of copies worldwide, and he continues to earn royalties from these sales. Cyrus has his own clothing line, record label, and production company. He also owns a number of restaurants and other businesses.
Miley Cyrus has more money than Billy Ray Cyrus. Miley Cyrus' net worth is estimated to be $160 million, while Billy Ray Cyrus' net worth is estimated to be $28 million.