Truth behind rumors Dolly Parton gave all royalties from biggest hit Jolene to goddaughter Miley Cyrus

WITH her shocking death, legend Dolly Parton left behind a massive $650 million fortune – and now, rumors are running rampant about who will inherit her wealth. According to a viral post on X, formerly known as Twitter, Dolly “officially left the rights and royalties” of her hit song Jolene to her goddaughter, Miley Cyrus. Dolly Parton was godmother to Miley Cyrus Credit: Getty Images – Getty Dolly and Miley performed onstage during the 61st Annual GRAMMY Awards at Staples Center on February 10, 2019 in Los Angeles Credit: Getty However, The U.S. Sun can confirm there have been no court filings relating to Dolly’s will as of yet, or official plans for her fortune. According to Tennessee court records, Dolly – who died at 80 on Tuesday morning following a private battle with cancer – moved her massive Nashville estate into a new trust just months before her death. Sign up for the Showbiz newsletter Thank you! When Dolly’s longtime husband Carl Dean died at 82 in 2025, he left his fortune to his wife. The documents noted if she died before him, their estate was to be split up equally between their nieces and nephews. Dolly and Miley attended MusiCares Person of the Year honoring Dolly Parton at Los Angeles Convention Center on February 8, 2019 in Los Angeles Credit: Getty Dolly and Miley rehearsed for a New Year’s Eve performance on December 29, 2022 Credit: Getty It is possible Dolly will leave her and Carl’s money to her family members, but nothing has been confirmed. Dolly was extremely close to her family, and even gave her nephew, Bryan Seaver, the permission to officially announce her death. Miley was Dolly’s beloved goddaughter, and the two performed Jolene together multiple times over the past several years. The grief-stricken Miley paid tribute to her “Aunt Dolly” the day after her shocking death. Most read in Entertainment “The feeling of losing my Aunt Dolly is beyond what feels right to share,” she posted on Wednesday. “Our most sacred moments were private and they’ll stay there behind the stage, beneath the glamour and between our hearts.“What I KNOW is Dolly would want me to feel it, write a song about it, and then continue on and be strong. “I have an angel by my side. I always have. One of our last conversations was about music and metamorphosis. “I will always love her and want to make her proud. My heart breaks for the world, her family and friends who will miss her deeply. “We’re in this loss together and we will see her in all of the most beautiful things.” Comment now