According to a report from Bloomberg, Selena Gomez is officially a billionaire.
Selena Gomez is a billionaire after building a beauty empire
She is estimated to be worth $1.3 billion, making her one of the youngest women in the country with a 10-figure fortune. The publication noted that a “large portion” of her net worth is tied to the success of her Rare Beauty makeup and cosmetics brand (which is available in the United States, Canada, and Mexico), which launched in 2019.
Gomez, 32, began acting as a child before launching her music career and appearing in the Hulu hit series “Only Murders in the Building,” which was recently renewed for Season 5. Gomez will also star in Jacques Audiard’s Cannes-winning musical drama “Emilia Perez,” which premieres in select theaters on Nov. 1 before hitting Netflix on Nov. 13.
Though Gomez has been more active on-screen in recent years, she did share a pair of new singles — “Love On” in February and “Single Soon” in 2023 — through her label Interscope Records, and also began teasing a new album. She was a fixture on the Billboard Hot 100 for much of 2023 thanks to her single “Calm Down,” an RIAA-certified triple-platinum hit she shares with Afrobeats superstar Rema.
