According to Bloomberg, Selena Gomez has just joined the ranks of self-made billionaires at the age of 32 with a net worth of 1.3 billion USD.
Bloomberg estimates that Selena Gomez’s income comes from her artistic activities and revenue from her cosmetics business Rare Beauty. Bloomberg reports that the actress owns about 51% of the shares in the Rare Beauty company, estimated at more than 1 billion USD .
In 2023, Selena Gomez returned to acting and participated in the TV series Only Murders in the Building on Hulu. It is known that the amount of money she received from participating in one season of the show was up to 6 million USD. The singer’s most recent tour, which has many “hits” – Revival Tour (2016), helped her pocket more than 30 million USD. With a fortune of 1.3 billion USD, Selena Gomez became one of the richest women in America.
In addition to her salary and income from singing, hosting music shows and acting in movies, Selena Gomez also earns money from advertising activities. The American singer has more than 424 million followers on Instagram, just behind football stars Cristiano Ronaldo (638 million) and Lionel Messi (504 million). Thanks to her large fan base, Selena is trusted by brands and chosen as their advertising face, helping her earn huge advertising contracts with Puma, worth $30 million, and Coach, worth $10 million. According to People , each post on her personal page brings Selena Gomez around $1 million.
Stacy Jones, founder and CEO of Hollywood Branded, said that Selena Gomez is not only a pop star but also a successful entrepreneur, with diverse income streams that contribute to her impressive net worth. She also received praise from Carolyn Sloane, a professor at the University of Chicago (USA) for skillfully building a career without depending entirely on music, becoming a model of effort and perseverance.
Selena Gomez is known as an actress, filmmaker, and businesswoman. She began her career in the entertainment industry as a child actress. Selena appeared in the children’s television series Barney & Friends (2002-2004). She became a teen idol after her role in the television series Wizards of Waverly Place (2007-2012). She got her first recording contract in 2008 and was active in a music group.
Selena officially became a solo singer since the EDM-style album Stars Dance (2013). This album created the successful single Come & Get It. The album Revival (2015) and other successful singles such as: Good for You, Same Old Love, Hands to Myself. As an actress, Selena Gomez has appeared in a number of television and film series. In her singing and acting career, Selena has achieved impressive achievements, she has received many prestigious awards. Billboard music magazine included Selena in the list of the most successful artists of the 2010s.
In recent years, Selena Gomez’s acting career has flourished with films that have won over both audiences and critics. She was nominated for a Golden Globe and an Emmy for her role in Only Murders in the Building . This is a highly acclaimed series in which Selena Gomez, in addition to playing the main role, is also a producer and is said to bring in at least $6 million per season. Currently, Selena Gomez is also relaunching the brand that once made her name, Disney’s Wizards Beyond Waverly Place. In addition, Selena Gomez continues to attract the public through a series of reality TV shows about cooking, exploring restaurants…
Selena became famous at the age of 10 when she starred in the series Barney & Friends. Joining Disney, she built her reputation with the movie Wizards of Waverly Place, releasing many albums and singles that created a buzz such as: Lose you to love me, Love you like a love song, Hands to myself, Same old love, Good for you… As a teenager, she had a 9-year relationship with pop star Justin Bieber. The two broke up many times before deciding to end it. Selena is currently dating singer and music producer Benny Blanco.