Achy Breaky Bank Account! Billy Ray Cyrus’ Net Worth Drops $10 Million in 1 Year

Billy Ray Cyrus has taken a hit in the bank account!! After his very public divorce from Tish Cyrus, followed by another one from Australian singer Firerose in June 2024 that included an annulment request, fans are wondering about the country star’s net worth.

What Is Billy Ray Cyrus’ Net Worth?

The musician has been working in the entertainment industry for decades, and has a net worth of $20 million in 2023, according to Celebrity Net Worth. In 2024, that number had dropped to $10 million.

How Does Billy Ray Cyrus Make Money?

The Grammy winner rose to stardom with his 1992 hit “Achy Breaky Heart.” He became a country radio station staple with other hits such as “Could’ve Been Me” and “Some Gave All” and went on to release 16 studio albums and 53 singles.

Later on, he starred in the Disney Channel series Hannah Montana alongside Miley Cyrus from 2006 to 2011. While Billy Ray hasn’t publicly disclosed how much he made while working on the show, other supporting actors were reportedly paid $15,000 per episode, according to The Things.

However, he later admitted that he regretted doing the show, blaming it for negatively affecting Miley.

“The damn show destroyed my family,” Billy Ray told GQ in 2011. “I’d take it back in a second. For my family to be here and just everybody be okay, safe and sound and happy and normal would have been fantastic. Heck, yeah. I’d erase it all in a second if I could.”

Later, he revisited acting when he was in the 2016 CMT sitcom Still the King.

“I’ve reinvented a couple times in my career, at least,” he told The New York Times at the time. “But how do you reinvent out of Hannah Montana?” he continued. “And then it hit me: A dysfunctional Elvis impersonator who lies his way into the church. That made sense.”

Billy Ray found success yet again in 2019 when his remix of Lil Nas X’s “Old Town Road” was released. It became the longest-running No. 1 single in Billboard Hot 100 history. Reports have said the song made $15 million but it’s not clear how much Billy made off the collaboration.

His acting career is still alive and well, as Billy Ray starred in the 2022 Hulu film Christmas in Paradise. That same year Billy Ray appeared as himself in Dolly Parton‘s NBC TV movie Dolly Parton’s Mountain Magic Christmas. He’s also done voice work, playing Donner in the 2023 animated film Glisten and the Merry Mission.

Billy Ray Cyrus Owns Property

When Billy Ray was married to ex-wife Tish, the pair lived on a 500-acre farm outside of Nashville in a beautiful home they had renovated. The home has been estimated to be worth $5 million. The pair wed in 1993 and divorced in April 2022, and Tish did not request spousal support. The former couple share five adult children together.

After the divorce from Tish, Firerose later moved into the home with Billy Ray after their October 10, 2023, wedding.

The “Some Gave All” singer filed for divorce in late May 2024 after seven months of marriage. Billy Ray cited “irreconcilable differences” and “inappropriate marital conduct,” also alleging that the marriage was obtained by fraud.