Selena Gomez Joins Elite Billionaire Club with Impressive $1.3 Billion Net Worth
Gomez’s growing wealth is also fueled by her high-profile collaborations, social media influence, and strategic investments.
Selena Gomez has officially joined the billionaire club, boasting an estimated net worth of $1.3 billion.
According to the Bloomberg Billionaires Index, with an estimated net worth of $1.3 billion, 31-year-old Gomez has joined the ranks of self-made billionaires, becoming one of the youngest female entrepreneurs to do so in the US.
The multi-talented singer, actress, and entrepreneur achieved this financial milestone through a combination of her successful music career, acting roles, and business ventures, including her beauty brand, Rare Beauty, which has become a major player in the cosmetics industry.
Her wealth is predominantly derived from her cosmetics company, Rare Beauty, which makes up more than 81% of her fortune.
Beyond Rare Beauty, the “Single Soon” singer’s wealth is also bolstered by various income streams, including endorsement deals, her mental health platform Wondermind, music sales and touring, her acting career, and real estate investments.
Remarkably, Rare Beauty, which she launched in September 2020, has seen considerable success, amassing over $400 million in net sales as of March 2024.
Gomez’s growing wealth is also fueled by her high-profile collaborations, social media influence, and strategic investments. As a former Disney star who transitioned into a global entertainment powerhouse, her rise to billionaire status solidifies her as one of the most influential figures in the industry today.
