Selena Gomez joins the billionaire celebrity list.
Selena Gomez, who initially gained fame as a child star on Barney and the Disney Channel, has recently made headlines for her remarkable financial success. At just 32 years old, she has built an impressive fortune estimated at $1.3 billion, according to Bloomberg. This significant achievement has earned her a spot on the billionaire index, highlighting her status as one of the youngest self-made female billionaires, alongside notable figures like Taylor Swift and Rihanna.
The bulk of Gomez’s wealth comes from her cosmetics line, Rare Beauty, which she launched five years ago. Bloomberg estimates that her stake in the company is worth over $1 billion, showcasing the brand’s tremendous success in the beauty industry. Rare Beauty has become particularly popular for its liquid blush and lip tints, which have gone viral on social media platforms.
In addition to her business ventures, Gomez has secured lucrative endorsement deals with high-profile brands such as Louis Vuitton, Coach, and Puma. These partnerships have contributed tens of millions of dollars to her income, further solidifying her financial standing in the entertainment world.
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Gomez also earns a substantial salary for her role in the Hulu series “Only Murders in the Building,” reportedly taking home at least $6 million per season. The show has received critical acclaim and was recently renewed for a fifth season, adding to her impressive resume of on-screen achievements.
Despite her success in acting and music, including multiple nominations for Emmy and Grammy Awards, these accomplishments represent only a small portion of her overall wealth, as noted by Bloomberg. Her entrepreneurial endeavors have played a pivotal role in her financial growth.
Born in Texas, Gomez has spent nearly three decades in the public eye, where her journey has attracted both admiration and scrutiny. She has openly discussed her struggles with mental health, including a diagnosis of bipolar disorder and the autoimmune disease lupus, which have shaped her personal narrative.
Gomez has also shared her family’s history, recounting their journey from Mexico to the United States. She has spoken about her aunt’s experience of being “hidden in the back of a truck” during their migration, highlighting the challenges they faced. Additionally, she has recorded songs in Spanish, reflecting her cultural heritage.
Last year, Gomez became the most followed woman on Instagram, boasting over 424 million followers, surpassing other stars like Swift and Kylie Jenner. However, she has candidly addressed the negative impact of social media on her mental health, even taking breaks from the platform at times. As news of her latest achievements circulated, her Instagram account remained quiet, a testament to her ongoing relationship with fame and its complexities.
