Selena Gomez Is Officially a Billionaire

Selena Gomez Is Officially a Billionaire

As I delve into the extraordinary lives of these billionaires, I can’t help but be awestruck by their accomplishments and resilience. Each one has navigated their unique paths to success, amassing fortunes that would make mere mortals gape in envy.


Only billionaires in the building.

For the first time ever, Selena Gomez entered the Bloomberg Billionaires Index with a net worth estimated at $1.3 billion. The actress from ‘Only Murders in the Building’, aged 32, has earned this title as one of America’s youngest female self-made billionaires primarily through the thriving success of her cosmetics company, Rare Beauty Brands Inc., according to a Bloomberg report on September 6.

Over 81% of Selena’s wealth comes from the business she started in 2020, and despite earlier speculations that she might leave the brand, she clarified that she has no intention of selling the company.

During the 2024 TIME100 Summit on April 24, she expressed that she had no plans to leave, as she was finding her current situation quite enjoyable.

Apart from the substantial earnings from her career as Rare, Bloomberg revealed that nearly 7% of her total wealth is derived from her endorsement deals, while approximately 5% comes from her touring activities, with her last tour taking place back in 2016.

In addition, approximately 2.5% of her wealth comes from a mental health startup called Wondermind that launched in 2022. The remainder of her net worth is derived from earnings from album sales, streaming services, and real estate investments. Furthermore, she has gained additional wealth through acting roles, such as in the series “Only Murders in the Building,” for which she received her fourth Primetime Emmy nomination.

Selena Gomez Is Officially a Billionaire

Back in January, Selena opened up about her professional path on the SmartLess podcast. She expressed, “I believe there’s one more album inside me, yet I might lean towards acting.” Earlier, she had aspired to be an actress; however, singing seemed to have started as a pastime and eventually transformed into something significant.

As a die-hard fan, I can’t help but share the excitement over the latest earnings report on Selena! According to Bloomberg, their wealth analysis, taking into account the least valued stake in her business ventures and assets with verifiable public records, indicates that she rakes in at least $6 million per season for her role in “Only Murders in the Building.” You might remember her as the talented child star on “Barney & Friends” and “Wizards of Waverly Place.” The fourth season of this hit show started airing on August 27, and I can hardly wait to see what Selena brings to the table!

Look back at which other celebs have a net worth of over $1 billion…

Selena Gomez Is Officially a Billionaire

Net Worth: $1.1 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.2 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.2 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.2 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.3 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.4 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.4 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.5 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $1.7 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $2.5 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $2.8 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $3.2 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $4.8 Billion

Selena Gomez Is Officially a Billionaire

Net Worth: $5.5 Billion

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2024-09-06 22:21