In September 2024, Selena Gomez was crowned the youngest US billionaire after the 32-year-old was said to have a net worth estimated by Bloomberg at $1.3 billion thanks to her cosmetics brand Rare Beauty. The singer and actress invests the money well and currently lives with her grandparents in Orange County, California and said about moving from the City of Angels:
“It is such a release. Los Angeles is so claustrophobic for me. Now I feel safe where I am. It’s as if I understand myself a little better,” Gomez confessed in an interview with journalists from the British “ELLE”, whose October issue she will be gracing. The “The Heart Wants What It Wants” interpreter also explained that she has consciously changed her life, doing more with her friends and spending less time on social media. “I am not on the Internet. I haven’t been on the internet for months. I no longer have my password for Instagram. I have no apps on my phone and no image editing apps. The reason is obvious: it’s not real for me! I return to the simple things. I’ve always been like that. I just think that I have reduced everything in my life to the minimum – and I mean that in a positive sense.â€
