It seems teenybopper Miley Cyrus has suddenly realized just how much money she has, and is determined to spend it all as quickly as possible.  Miley has spent over $1 million in 2011 alone, mostly on clothes, restaurants, and expensive weekends away.  Most recently, she’s spent nearly half a million on part ownership of a private jet, and friends say that there seems to be no end in sight to this spending spree.

I guess no one has told her that eventually the money runs out unless she manages to make some more – royalties will only take her so far, and it remains to be seen how marketable she will remain as she gets older and loses her childhood cuteness.

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