Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe12 JUN 2025 / BUSINESS
Pop star Miley Cyrus has revealed in recent interviews that she used to disguise her drug expenditures by labelling them as "vintage clothes" in her financial records. Cyrus, who now maintains a net worth of $160 million and sobriety since 2019, highlights the importance of clear, legal financial management, and rejects industry pressures to uphold a "party girl" image.
When you think of Miley Cyrus, you probably hear a mash-up of “Wrecking Ball”, “Flowers”, and the immortal “Party in the USA”—a soundtrack of rebellion, raw emotion, and red, white, and blue. But behind the Billboard-topping hits and nine studio albums is a financial story that’s just as headline-worthy. With a net worth now pegged at $160 million and an annual tax bill that could make your CPA sweat, Miley’s money moves are as bold as her stage persona. But what happens when those moves go from pop queen to “creative accounting”? Well, buckle up, because this story is wilder than a Vegas weekend on someone else’s AmEx.
Let’s talk numbers. Miley launched into fame as Hannah Montana, but she didn’t stay in Mickey Mouse ears for long. She broke the mold—and the internet—through reinvention after reinvention, raking in over $62 million in digital sales, including a staggering $14 million from "Party in the USA" alone. By the time “Something Beautiful” dropped in May 2025, she was pulling in $33–$42 million a year, with an estimated $10 million in taxes paid in 2024. Throw in a combined over 252 million followers across Instagram, YouTube, and TikTok, and it’s no surprise she’s earning up to $3.4 million a month from digital platforms. That’s not just Hollywood money—that’s “you need a team of accountants and lawyers” money.
But rewind to 2015, and things weren’t quite so buttoned up. In a string of raw 2025 interviews, including one with The Ringer’s “Every Single Album” podcast, Miley peeled back the curtain on the making of “Miley Cyrus & Her Dead Petz.” The real cost of that era? Not production. Not a promotion. Drugs. Lots of them. “The drugs were the biggest cost… To hide those from my accountant, we called them ‘vintage clothes.’” —Miley Cyrus, 2025
Yep. Tens of thousands of dollars in narcotics were coded in her books as rare tees and retro jackets. Her accountant? Utterly baffled. “Where’s that $15,000 original John Lennon T-shirt that you bought?” she’d ask. Miley’s response? “Oh, it’s upstairs… really delicate.” It sounds like a punchline—until you realize it’s a case study in financial misdirection. It wasn’t fraud in the criminal sense, but it was a slippery slope that could’ve gone very wrong, very fast. And Miley knows it.
Today, the Miley of 2025 is a far cry from the vintage-clothes-smoking, experimental-era wild child. She’s been sober since 2019, with weed out of the picture since 2017. She’s also been vocal about how hard that transformation was—not just personally, but professionally. She revealed the industry pressured her to keep up a “party girl” image, even after she got clean. “I was sober at that time, which made me feel like a big fraud.” Miley Cyrus
Now, she’s reclaiming her narrative—and her spreadsheet. Her financials are squeaky clean, her spending habits grounded, and her creative energy redirected into powerful projects like her visual album premiere at Tribeca. She’s not touring for health reasons, but she’s still delivering a full-course artistic meal, and getting paid for doing it.
So, what’s the moral of the “vintage clothes” saga?
Miley Cyrus didn’t just survive her “Dead Petz” days—she flipped them into a lesson in transformation. From reworking her finances to rejecting industry pressure, she’s now an artist in full control of her empire. So, the next time “Party in the USA” hits your playlist, remember behind that anthem is a woman who turned chaos into clarity, and maybe—just maybe—helped other artists and fans see that you don’t have to stay messy to stay relevant. Want more real talk on money, fame, and the numbers? Subscribe to MYCPE ONE Insights and join over 250,000 pros who get the financial stories behind the headlines—every week.
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
Digital Marketing Services for CPA & Accounting Firms - Starting $399/month.
Struggling to attract new clients? MYCPE ONE’s Digital Marketing Services help accounting firms stand out, generate leads, and grow revenue effortlessly.
With expertise in SEO, paid ads, social media, and targeted PPC, MYCPE ONE maximizes your marketing efforts to deliver high ROI and broader industry reach.
Invest in digital marketing for your firm today—see the difference with MYCPE ONE!
Stand out. Generate leads. Grow revenue.