Billy Ray Cyrus Then And Now: Quick Facts On Net Worth, Relationship With Elizabeth Hurley And Reunion With Daughter Miley Cyrus

In early 2026, Billy Ray Cyrus finds himself at a pivotal point in his life, marked by significant changes in his personal and financial worlds. Once a household name thanks to his hit Achy Breaky Heart and the global success of Hannah Montana, the country singer's life has taken a dramatic turn over the past few years.

His journey in recent years has included a high-profile divorce, a surprising new romance with British actress Elizabeth Hurley, and a heartfelt reconciliation with his daughter Miley. His story is one of reinvention, resilience, and the complexities of fame.

Financial Shifts and Career Impact

Billy Ray Cyrus's net worth in 2023 was estimated at around £20 million (approximately $27 million). This figure reflected his successful music career and the earnings from his role in Hannah Montana, which made him a recognised figure across the world. However, by 2025, his financial situation had changed considerably. Reports indicated his net worth had fallen to roughly £10 million (about $13.5 million).

The decline was mainly attributed to legal costs stemming from his divorce from Firerose, his third wife. The divorce was finalised in August 2024 after a marriage that lasted only seven months. During this period, Cyrus's income from performing appeared to decrease while expenses rose, partly due to ongoing legal battles.

A New Romance with Elizabeth Hurley

In April 2025, Billy Ray Cyrus announced he was dating British actress Elizabeth Hurley. Their relationship surprised many, but it was not entirely unexpected for fans aware of their history. The pair had first met in 2022 when filming the Christmas comedy Christmas in Paradise, a sequel to the 2021 film Father Christmas Is Back. On set, Cyrus noted that there was an initial chemistry, saying, 'The couple times we were in the same scene, there was a chemistry there.'

After their first meeting, they lost touch for almost two years. It was only after Cyrus's divorce from Firerose that Hurley reached out during a difficult period in his life. This gesture rekindled their connection, and they began exchanging messages. Cyrus recalled that a text from an unknown number saying, 'Hey, it looks like life might be a little bit tough and just wanted you to know I'm in your corner,' was a turning point. When he asked who the sender was and received the reply 'Elizabeth Hurley,' he knew their friendship was turning into something more.

Their romantic relationship became public on Easter 2025, when they posted a joint photo on Instagram showing Cyrus kissing Hurley on the cheek. The caption read 'Happy Easter ♥️'. Cyrus described her as 'a great human being' and added, 'She's so impressively brilliant. She reminds me a lot of Dolly Parton. She's a very smart businesswoman.' Their relationship was described as 'just beautiful' by Cyrus, and he expressed happiness about his life with Hurley.

Public Appearances and Family Bonds

In May 2025, Cyrus and Hurley made their first red carpet appearance together at the opening of the Orizzonti/Rosso exhibition at Palazzo Barberini in Rome. Cyrus shared a video of their walk into the event with the caption, 'With my beautiful girlfriend in Rome ❤️.' The couple was also seen together with Hurley's son, Damian, whom Cyrus said he 'loves a lot.'

Meanwhile, family remains a crucial part of Cyrus's life. After separating from Tish Cyrus in 2022, Billy Ray was estranged from his daughter Miley for several years. During that period, their relationship was strained, and they did not speak regularly. However, in September 2025, Miley released an emotional song called 'Secrets,' which she described as a 'peace offering' to her father. This gesture helped mend their bond.

In March 2026, Billy Ray and Miley Cyrus publicly reunited during the Hannah Montana 20th Anniversary Special on Disney+. Miley expressed that she now prioritises her family, noting that 'it feels good' when the Cyruses are getting along again. The reunion marked a significant step forward for both, closing a chapter of family challenges and opening another of renewed connection.