Star: Billy Ray & Tish Cyrus are fighting over Miley’s fortune

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Late Tuesday, Us Weekly released their “scandalous” report that Miley Cyrus’s parents were divorcing after Billy Ray found out that his wife Tish was boning Bret Michaels, amongst others. Us Weekly’s sources claimed that Tish and Bret had a full-fledged affair, and that Billy Ray found out it and basically told Tish that their marriage was over. The whole thing was first reported by Star Magazine, back in February of this year. Now Star is getting back into the act, with a follow-up to their February story, in this week’s new cover story. Star reiterates the claim that Tish and Bret were bonin’ but they add a new wrinkle on the divorce proceedings: Tish and The Mullet are fighting over Miley’s money. Because Miley is the only one supporting herself, and the entire family. Ugh. That’s worse than the affair story, in my opinion.

Turning 18 should be an exciting milestone for Miley Cyrus, but it’s hard to celebrate with her family life in meltdown mode. In the Nov. 15 issue of Star, on sale Wednesday, we reveal that Billy Ray Cyrus is divorcing his wife, Tish, in part because she was carrying on with rocker Bret Michaels.

“Billy Ray suspects there’s been something going on between his wife and Bret for a long time,” an insider tells Star. Adds another source, Tish — whose production company plans to turn Bret’s upcoming autobiography, Roses & Thorns, into a movie — “fits the profile of women Bret usually goes for: skinny, big boobs and blonde hair.”

Tish pulled out all the stops with Bret. A source says she “would always show up to the studio in tight jeans and revealing T-shirts and flirt shamelessly with Bret.”

Billy Ray was “ashamed of Tish’s behavior and he wants out of this mess,” says the insider.

Miley should be feeling liberated as she readies to become of legal age, but instead she has to choose sides in her parents’ bitter tug-of-war over their reported $150 million estate.

“Billy Ray and Tish are already bickering over how to handle their most valuable asset — Miley,” a family sources says of the Disney star who has built an estimated billion dollar franchise out of her Hannah Montana success.

“This whole situation has hurt Miley’s relationship with her mother — she’s definitely going to side with her father,” an insider tells Star.

For the full story on the Cyrus divorce drama — including what Tish did to win Bret’s heart and why Billy Ray should have seen his split with Tish coming and — pick up the new Star on Wednesday.

[From Star Magazine]

Um… the Cyruses have a $150 million estate? How much of that is years of taking their “cut” from Miley’s earnings? Because I don’t buy that Billy Ray made that much from his music and acting career, nor from wise investments.

With Miley turning 18 years old in a few weeks, I have some advice for her, from An Old to A Young: get some professionals in control of your money, and watch what they do very carefully. Stop using Britney Spears as your guideline, and begin to examine how Madonna has managed her career and her estate. Don’t give anybody control over your estate. Stop giving your parents money, but maybe create education trusts from your siblings – Noah especially is going to need to go to college. And if your parents are going to make their trashy divorce proceedings about who has control over you or your estate, you better watch out and get your own lawyer, who answers only to you, who will only represent your interests.

LOS ANGELES, CA - MARCH 25: Executive producer Tish Cyrus (L) and actress/singer Miley Cyrus arrive at the premiere of Touchstone Picture's 'The Last Song' held at ArcLight Hollywood on March 25, 2010 in Los Angeles, California. (Photo by Kevin Winter/Getty Images)

BEVERLY HILTON, CA - JANUARY 11:  (L-R)  Tish Cyrus, Miley Cyrus and Billy Ray Cyrus arrive at the 66th Annual Golden Globe Awards held at the Beverly Hilton Hotel on January 11, 2009 in Beverly Hills, California.  (Photo by Frazer Harrison/Getty Images)

46677, LOS ANGELES, CALIFORNIA - Wednesday October 27, 2010. FILE PHOTO dated Tuesday October 26, 2010. ORIGINAL CAPTION E-TABLET/IPAD & MOBILE PHONE APP PUBLISHING REQUIRES ADDITIONAL FEES**

Star cover courtesy of CoverAwards.

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33 Responses to “Star: Billy Ray & Tish Cyrus are fighting over Miley’s fortune”

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  1. ziggy says:

    this is sad. i agree, miley needs to get her own legal representation and ensure her interests are taken care of.

  2. devilgirl says:

    Umm, I hate to say this, but Miley looks rather pretty in that one picture with her mom. Am I losing my mind?

  3. guesty says:

    no kidding. she’s been their meal ticket long enough.

  4. Praise St. Angie! says:

    very good advice, Kaiser.

    I’m not a fan of Miley, but the girl needs to protect the money SHE earned.

    and her parents are disgusting to fight over HER money. I’ll tell them the same thing I’d say to Dina Lohan…GET A JOB YOU LAZY F*CK.

  5. Johnny Depp's Girl says:

    Raise your hand if you saw this coming… I bet this has more to do with the break up then the hook ups.

  6. Carrie says:

    Totally agree with your advice, Kaiser. That is what she should do, but the chances of that happening are slight.

    And now I have to feel badly for Miley, because being 17/18 and having your parents divorce just sucks no matter what, and having it play out in the press with allegations of cheating and fighting over your money…I can’t even imagine. Poor kid.

  7. Stronzilla says:

    Amen Kaiser. Let’s hope she takes heed and also reads a few of Suze Orman’s books as well.

  8. alejandro says:

    The problem is Miley aint no Madonna. Not in intelligence, appeal, or marketing her talent.She’s a child star trying to make the transition into an adult one hence her using Britney as her guideline.

    If she’s really smart she’ll look to Beyonce and Justin to see how they did it without falling apart along the way.

  9. mslewis says:

    Actually Kaiser, it is quite possible that Billy Ray has a $150M fortune. Yes, he did only have one cross over hit with that achy breaky thing but Billy Ray Cyrus was a BIG country star for many years. He also had a TV series that lasted several years and he also starred in Miley’s Hannah series. Miley is the family star now but before she became the star, Billy Ray supported his family nicely and they lived in a mansion in, I believe, Tennessee. So, really, I think you are being unfair to Billy Ray and I seriously doubt he or Tish will mess with Miley’s fortune. They will not go broke without Miley.

    Having said that, I do feel sorry for Miley that her family appears to be falling apart. It’s a real shame since she is at a very vulnerable age, transitioning from child to adult. But of all her worries, I don’t think her fortune will be an issue; to the rags, yes, in real life, no.

  10. Eileen says:

    Good advice. We thought she was rebelling this past year? It will probably get worse now!

  11. Dany says:

    See what I found about the Cyrus family… pretty crazy.

    1986: Billy Ray married Cindy Smith, a sales representative, whom he had met while performing at a bar in Ironton, Ohio.

    26th May 1987: Tish Cyrus (then Leticia Finley), 19, gave birth to daughter Brandi after a fling with a drummer Jerry Lee Lawson. Billy Ray later adopted Brandi who then became known as Brandi Glenn Cyrus. Brandi is now a guitarist in her sister’s band.

    Nov 1988: Billy Ray (while married to first wife Cindy) began a four-year affair with Kari Reeves.

    24th Feruary 1989: Tish gave birth to son, Trace Dempsey Cyrus. Her boyfriend, Baxter Neal Helson, moved in with her family and wanted to marry Tish. With her mother raising her two children, Tish continued to party and follow various musicians around. Her boyfriend moved out and has not seen his son in 10 years.

    October 1991: Though happy for the first few years, the stress of maintaining different schedules eventually took its toll and Billy RayCyrus and Cindy Smith divorced in 1991 amid rumors of Cyrus’s infidelity.

    8th April 1992: 22-year-old waitress, Kristen Lucky, gave birth to Billy Ray’s son, Christopher Cody Cyrus. He denied being Christopher’s father until a blood test proved that he was. Christopher lives with his mom near Fort Worth, Texas

    Feb 1992: Tish became pregnant by Billy Ray whom she met at a club in fall 1991. She was still living the life of a groupie.

    23rd November 1992: Tish gave birth to Destiny Hope who later legally changed her name to Miley Ray Cyrus.

    Dec 1992: Tish and Billy Ray got married because Billy’s father, Kentucky State rep Ron Cyrus, thought it was about time.

    Aug 1993: One year after Billy Ray’s big hit, “Achy Breaky Heart,” Tish got pregnant with Billy Ray’s son, Braison Chance Cyrus. Braison was born on May 9, 1994.

    8th Jauary 2000: Tish gave birth to daughter, Noah Lindsey Cyrus.

    17 years of marriage for a celebrity couple practically seems like an eternity but it is finally coming to an end for Tish and Billy.

  12. Rita says:

    This is all bull crap. Billy Ray was a huge country star and is worth multi-millions in his own right. He also managed much of her career. Tish might be looking to dig into the money pots of both the mullet and Miley but Billy’s got plenty of his own. However, when it comes to “stinkin’ rich”, plenty never seems to be enough.

  13. dread pirate cuervo says:

    Can I say that I secretly love Billy Ray? (My BF has kids & I have to watch alot of Hannah Montana, so maybe it’s his Robbie Ray character I like.) I’m still holding out hope that it was just Tish out skanking around, but I didn’t realize Billy Ray had so many chirruns.

  14. Diane says:

    Wow, Dany, those people really get around!

  15. Marjalane says:

    And people make fun of the Palin family?!

  16. Andria says:

    Please. It’s not like Tish ran for federal office. It is plenty to fair to expect different things from musicians and say, PEOPLE WHO HOLD OUR LIVES IN THEIR HANDS.

  17. katie.h. says:

    i just read somewhere about a california law for children that prohibits parents taking their childrens money (made from acting). its callws coogan’s law. so im thinking billy ray made his own $

  18. jover says:

    Thanks Dany and yes Marjalane I can’t stand S. Palin but the flack she gets is way out of proportion. These hicks make her appear a paragon of virtue. I have no sympathy for these hicks; they all act sophisticated and cosmopolitan with their nouveau riche tractor pulling mud flaps fluttering in the breeze “culture”; Miley’s music is junk, the tweens are moving away from her and even Wal-Mart is scaling back on their “partnership”; If they had an ounce of honesty they’d get down on their knees and thank God – or whatever deity they pray to – that with almost no talent they have gotten this far in dumbed down america.

  19. Jeri says:

    I really hope she hears you Kaiser.

    Why are people talking about the Palins in here?

  20. Manda3 says:

    I agree Kaiser. She needs to get a lawyer and that is sad to say.

  21. JustBe says:

    Ok, from the history provided by Dany we can see that Miley is a LOT more grounded and conservative in dress than she should be given the lifestyle that her parents lived (and probably continue to live).

    It is very difficult for a child not to follow in the misguided footprints of their parents. With Miley and Noah already dressing like their auditioning for a Maxim magazine cover, etc, I hope the children have access to a level-headed adult who can help them through this difficult transition.

  22. di butler says:

    Miley has said that her dad married her mom to “take her away from an abusive life.” And that Tish was a “dancer.” There has loooong been talk of her “dancing,” and most people back in the early 90s said it was stripping. Billy Ray was the good guy here. He tried to make it work with the mother of his kid, Christopher’s mom didn’t want to marry him, and he seems like a straight up kinda guy. I think Tish must have been the one all along who was the trashy one. And yes, all the kids will have to pay for this. Especially the most famous one.

  23. Victoria says:

    This explains so much for me and reminds me of a blind item about a tweener and her mom showing up for a photo shoot and the mom kept trying on the tweeners clothes and gushing at how good SHE looked in them. Tish is just an old groupie and having 5 kids and being married doesnt stop her from hanging out by the back stage door! Oh and I thought Bret Michaels was going ot marry the mother of his two daughters? I cant keep up.

  24. archiepelago says:

    I’m sure I’m gonna get some flack for saying this (and it may not be the case with Miley since her Dad had already had some music success/money and they probably weren’t living the usual actor life) but being the parent of an acting/music career minded child takes a lot of work. There are all kinds of rules imposed on child actors (Coogan’s Law and SAG for starters) and most of them are home schooled, so parents of working actor children basically give up a large portion of their life for their kid’s careers. Now again, I can’t speak for the Spears’ or the Cyrus’ of the world but I know a lot of parents in LA who definitely deserve a cut of their kids future money because it is a full time job and it takes YEARS to break into acting (famous parents aside).

    Do I like this family? Not especially. However, apart from being overly trashy for her age, Miley seems to be business smart and hasn’t gotten into crazy trouble. I’m rooting for her because being the family bread winner as a kid is screwed up. Plus, isn’t the Dad on the Hannah Montana show? He probably made good money from that (is he a producer?)

    Ready for my stoning now.

  25. PrettyLights says:

    I really love her turquoise/silver necklace, the long 3-tiered one. I like when she wears it alone without the 20 other ones. Besides that, I hope the girl makes it through ok – whether she’s annoying and oversexed or not, it does suck to go through a family divorce so publicly.

  26. Mistral says:

    Your advice to this girl is spot-on!

    The parents need to get a job…

  27. Jag says:

    Excellent advice, Kaiser! Miley needs to separately-lawyer-up and fight for what is hers, sooner rather than later.

    The parents shouldn’t be fighting over Miley’s money; there are custody agreements to be made with the rest of the children. But I guess Miley’s money means more, eh?

  28. truthzbetta says:

    That headline with those pics is the most trash-tastic carnival I’ve ever seen.

    I couldn’t get beyond the carnie cast.

  29. Chris says:

    Billy Ray Cyrus has had 8 top 10 hits, and 15 top 40 hits. That’s not a one-hit wonder people. He’s sold 33 million albums and he’s been touring pretty much full time for the last two decades and yes, that $150 million estate is his, not Miley’s. Miley has her own separate estate that Forbes estimates at between $60-70 million. She has her own separate financial manager and all of her money is totally separate from Billy Ray’s money. Earlier this year she bought her own $4.3 million home, which she’s moving into next year. Her mother is her co-manager and has been the co-producer on three of her movies, so Tish has made some money through her relationship with her daughter, but she’s also known to be a workaholic–the main reason Billy is divorcing her–and undoubtedly earned every penny she’s received. In fact, people in the entertainment business credit Tish for a lot of Miley’s financial success. And Miley has said over and again that her father pays for every thing in her life: the home she lives in, her education, food etc. So, little of that $150 million comes from Miley. Most of it comes from Billy Ray’s hard work over the last few decades. Miley still has her $60-70 million for her future and the fight is over Billy Ray’s $150 million, not Miley’s $60-70 million. It amazes me how stupid some people can be, but Ms. Celebitchy takes the cake.

  30. MILEY CYRUS WAS NOT THE BIOLOGICAL DAUGHTER OF BILLY RAY OR TISH FINLEY –

    THEY LOST A BOY THAT SAME YEAR AND IN ORDER FOR A MARRIAGE TO HAPPEN ON DECEMBER 8, 1994 – Miley was brought to Billy Ray as his natural born daughter.

    Billy Ray is not at fault for any wrongdoings.

    One day I will prove that Miley Cyrus and Justin Bieber are blood siblings and my son Andrew Fortune is their triplet brother.

    Right after my inducted emergency C-section I had blown up the ultrasound photo and showed it to a lawyer and my family. There were three complete outlines of a child in my womb.

    Unfortunately, noone would take the case based on the dangerous people who coordinated the illegal adoptions for the Lewis family.

    Miley is not 18 years old yet. She will be 17 this year November 30th.

    Justin Bieber was not born earlier in that year either. His birth certificate which I did find a copy of – states that he was born on November 17, 1994.

    I have not found Miley’s birth certificate as of yet but I am sure it is in the name of Destiny Hope Fortune.

    It’s a shame what happens with hospitals in Nashville when record label people have the pull and money to sell babies right out of their hospital with nurses who were present at the birth.

    I have endured 17 years of heartache. Unable to get an attorney for the past 7 years – I have not been able to protect those two children from harm and I am devastated because I fear they are impostered and the real ones are dead.

    This is not a joke and I am not trying to be funny. My heart is broken because I have no way to get an investigation going or a lawyer or have the press help me in this situation.

  31. MILEY CYRUS WAS NOT THE BIOLOGICAL DAUGHTER OF BILLY RAY OR TISH FINLEY –

    THEY LOST A BOY THAT SAME YEAR AND IN ORDER FOR A MARRIAGE TO HAPPEN ON DECEMBER 8, 1994 – Miley was brought to Billy Ray as his natural born daughter.

    Billy Ray is not at fault for any wrongdoings.

    One day I will prove that Miley Cyrus and Justin Bieber are blood siblings and my son Andrew Fortune is their triplet brother.

    Right after my inducted emergency C-section I had blown up the ultrasound photo and showed it to a lawyer and my family. There were three complete outlines of a child in my womb.

    Unfortunately, noone would take the case based on the dangerous people who coordinated the illegal adoptions for the Lewis family.

    Miley is not 18 years old yet. She will be 17 this year November 30th.

    Justin Bieber was not born earlier in that year either. His birth certificate which I did find a copy of – states that he was born on November 17, 1994.

    I have not found Miley’s birth certificate as of yet but I am sure it is in the name of Destiny Hope Fortune.

    It’s a shame what happens with hospitals in Nashville when record label people have the pull and money to sell babies right out of their hospital with nurses who were present at the birth.

    I have endured 17 years of heartache. Unable to get an attorney for the past 7 years – I have not been able to protect those two children from harm and I am devastated because I fear they are impostered and the real ones are dead.

    This is not a joke and I am not trying to be funny. My heart is broken because I have no way to get an investigation going or a lawyer or have the press help me in this situation.

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