At 15-years-old, teen queen Miley Cyrus, star of Hannah Montana is possibly worth an estimated $1 billion. However, she doesn't get to spend much of that reported fortune!
Cyrus is set to earn $1 billion in Hannah Montana related sales for the 2007-08 fiscal year according to People magazine. The young star is expected to rake in $17.5 million from her sold out concert tours (a reported $1 million a week from the estimated $50 million in tour grosses), a mere $65 million from her 3D concert movie (had to sit through that one myself, so I guess I contributed to that fund), and now, an apparent 7-figure amount for her autobiography.
Even though she's making millions, her mom, Tish Cyrus doesn't let her teen daughter spend whatever she wants on whatever she wants. Most of the earnings are put into an investment fund that Miley isn't able to access - until she's 18. Her mom revealed, "At the end of the day, she doesn't have much left."
I'm guessing her allowance is a bit more than the average teen.
Source
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