Selena Gomez is officially a billionaire, according to a Bloomberg report.
She is estimated to be worth $1.3 billion, making her one of the country’s youngest women with a 10-figure fortune. The publication determined a “vast bulk” of her net worth is attached to the success of her Rare Beauty makeup and cosmetics brand that launched in 2019. Gomez, 32, started acting as a child before starting her music career and appearing in the Hulu hit series “Only Murders in the Building,” which was recently renewed for Season 5.
She was a mainstay on the Billboard Hot 100 throughout most of 2023 thanks to her single, “Calm Down,” a RIAA certified triple-platinum hit she shares with Afrobeats superstar Rema. The Bloomberg report also emphasizes Gomez’s social media impact and her mental health brand, in addition to her personal brand deals and sponsorships.
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