Selena Gomez joins the billionaire celebrity club at 32 with $1.3 billion fortune

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Published September 8, 2024 at 7:00pm

    Selena Gomez has officially joined ranks of billionaire celebrities

    Her $1.3 billion fortune is attributed to her beauty brand, Rare Beauty

    She is most-followed on Instagram with 424 million followers

Selena Gomez, 32, has officially joined the ranks of billionaire celebrities, according to Bloomberg. The singer and actor’s $1.3 billion fortune is largely attributed to the success of her beauty brand, Rare Beauty, which she founded just five years ago.

 

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A post shared by Selena Gomez (@selenagomez)

Also read: Austrian authorities thwart planned suicide attack on Taylor Swift concert

Rare Beauty has been a significant factor in Gomez’s financial growth, reportedly generating $400 million in sales over the last year alone. The brand’s popular products, such as its liquid blush and lip tints, have consistently sold out. Additionally, Gomez’s endorsement deals with luxury fashion houses like Louis Vuitton and Coach have added to her wealth.

Beyond her entrepreneurial ventures, Gomez’s acting career continues to thrive. She earns at least $6 million per season for her role in the hit series Only Murders in the Building, where she stars alongside comedy icons Steve Martin and Martin Short.

Gomez also maintains her reign as the most-followed woman on Instagram, with 424 million followers. Her music career remains impressive, with chart-topping hits and a Grammy-nominated Latin-Pop album, Revelación.

Her show, Only Murders in the Building, has garnered critical acclaim and has been renewed for a fifth season, ensuring her presence in both the entertainment and business worlds remains strong.

Selena Gomez joins the billionaire celebrity club at 32 with $1.3 billion fortune

https://newsfirstprime.com/wp-content/uploads/2024/09/Selena-Gomez-Pic.jpg

    Selena Gomez has officially joined ranks of billionaire celebrities

    Her $1.3 billion fortune is attributed to her beauty brand, Rare Beauty

    She is most-followed on Instagram with 424 million followers

Selena Gomez, 32, has officially joined the ranks of billionaire celebrities, according to Bloomberg. The singer and actor’s $1.3 billion fortune is largely attributed to the success of her beauty brand, Rare Beauty, which she founded just five years ago.

 

View this post on Instagram

 

A post shared by Selena Gomez (@selenagomez)

Also read: Austrian authorities thwart planned suicide attack on Taylor Swift concert

Rare Beauty has been a significant factor in Gomez’s financial growth, reportedly generating $400 million in sales over the last year alone. The brand’s popular products, such as its liquid blush and lip tints, have consistently sold out. Additionally, Gomez’s endorsement deals with luxury fashion houses like Louis Vuitton and Coach have added to her wealth.

Beyond her entrepreneurial ventures, Gomez’s acting career continues to thrive. She earns at least $6 million per season for her role in the hit series Only Murders in the Building, where she stars alongside comedy icons Steve Martin and Martin Short.

Gomez also maintains her reign as the most-followed woman on Instagram, with 424 million followers. Her music career remains impressive, with chart-topping hits and a Grammy-nominated Latin-Pop album, Revelación.

Her show, Only Murders in the Building, has garnered critical acclaim and has been renewed for a fifth season, ensuring her presence in both the entertainment and business worlds remains strong.

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