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Selena Gomez, 32, Is Now A Billionaire. Her Net Worth Is...

Selena Gomez, 32, Is Now A Billionaire. Her Net Worth Is...

NDTV
Saturday, September 07, 2024 02:22:36 AM UTC

Selena Gomez's make-up brand reportedly did net sales of $400 million in the 12 months to February.

American actress, singer and entrepreneur Selena Gomez is now a billionaire, according to Bloomberg, which values her net worth at $1.3 billion. Some of the wealth of the 32-year-old comes from singing, brand partnership and acting, but the "vast bulk" of her wealth is tied to her 5-year-old make-up company called Rare Beauty, the outlet said. Her brand's success has made her one of the "youngest self-made" wealthy on the Bloomberg Billionaire Index, alongside the likes of Taylor Swift and Rihanna. 

According to Bloomberg, the 'Only Murders in the Building' star has also amassed wealth as the world's third most-followed person on Instagram behind soccer icons Cristiano Ronaldo who boasts 639 million followers on the platform and Lionel Messi who has garnered 505 million Instagram followers. Ms Gomez herself has 424 million followers. 

Selena Gomez has a storybook career, beginning with 'The Wizards of Waverly Place' - a popular TV show on Disney Channel. She has a slew of other popular TV shows and film projects as well. She created a now-cancelled Max cooking show 'Selena + Chef' and stars alongside comedy icons Martin Short and Steve Martin on the hit show 'Only Murders in the Building'. The 32-year-old has also brought in tens of millions of dollars from endorsement deals with the likes of Louis Vuitton, Coach and Puma, according to Bloomberg. 

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