Thanks to Rare Beauty, Selena Gomez is now officially a billionaire
07.09.2024, 03:27 Listen to article
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She became known through Disney Channel series and famous through her music. Selena Gomez’s wealth came through another project. The 32-year-old is now officially a billionaire.
Selena Gomez is now officially a billionaire. As Bloomberg reported, the singer and actress, with a net worth of 1.3 billion US dollars (about 1.17 billion euros), is part of the Bloomberg Billionaires Index for the first time. However, not just through her music, like Taylor Swift: The 32-year-old Gomez owes her fortune to a mixture of music, acting and entrepreneurship.
According to the report, a large part (more than 80 percent) of her wealth comes from income from her beauty brand Rare Beauty, which she launched in September 2020 and which quickly became a fan favorite among cosmetic brands. In addition, there are partnerships with other brands and Wondermind, her start-up for mental health. Gomez has also invested in a swimwear brand and a food delivery service, among others.
According to Bloomberg, a single Instagram ad by the 32-year-old alone brings in up to 30 million dollars – with 424 million followers, Gomez is the woman with the most followers on the platform and the person with the third most followers after footballers Cristiano Ronaldo and Lionel Messi.
Selena Gomez began her acting career in 2002 with a role in the children’s television series “Barney and Friends”. Her breakthrough came with the Disney Channel series “Wizards of Waverly Place”, in which she played the lead role of Alex Russo. This was followed by guest roles in other popular Disney series as well as in films such as “Another Cinderella Story” (2008), “The Princess Protection Program” (2009) and “The Dead Don’t Die” (2019). Since 2021 she has played one of the main roles in the Hulu series “Only Murders in the Building”. In 2008 she also started out as a singer with her first record deal; Gomez has released six studio albums to date.
