Miley is wearing Fendi fur swimsuit (styled by Carlyne Cerf de Dudzeele) and surprisingly the cover was shot by Karl Lagerfeld. (source)
Click here to view last year covers featuring Lady Gaga. Click here to view last year cover featuring Nicole Kidman, here to view 2011 featuring Kate Winslet. Click the links to view last year covers featuring Tyson Ballou/Marina Abramovic and Marc Jacobs/Lady Gaga with artwork by Dan Colen, artwork by Spencer Sweeney and artwork by Nate Lowman.