Selena Gomez made Bloomberg’s Billionaires Index for the first time, but the vast majority of her wealth is not tied to music tours or album sales.
Selena Gomez, the Disney child star turned musician and actor with a highly successful beauty brand, is now a billionaire, according to Bloomberg. Gomez, the 32-year-old founder of Rare Beauty Brands Inc. and a star of Hulu’s "Only Murders in the Building," made Bloomberg’s Billionaires Index for the first time with a reported net worth of $1.3 billion.
With 424 million followers, she’s the third most popular person on Instagram, behind soccer legends Cristiano Ronaldo and Lionel Messi.Unlike her close friend Taylor Swift, Gomez’s music tours accounted for less than 5% of her wealth, with album and record sales making up less than 2% of her net worth. READ MORE: Is Taylor Swift making you watch football? What viewers are sayingGomez’s reps didn’t respond to Bloomberg’s request for comment.
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