Selena Gomez has officially joined the elite billionaire club, with her net worth estimated at a whopping $1.3 billion by Bloomberg, thanks primarily to the phenomenal success of her beauty brand, Rare Beauty. Despite her financial triumph, Selena remains grounded and humble, expressing her discomfort with the topic of money.
While gracing the red carpet at the New York Film Festival for her latest film Emilia Perez, Selena candidly shared with Entertainment Tonight that she finds it “distasteful to talk about money.” She attributed her success to her loyal fans, stating, “They’re the ones that made this dream of mine come true,” while adding that she feels incredibly honored and happy.
Selena’s wealth primarily stems from Rare Beauty, which has captured global attention and brought in massive revenue. The beauty brand now accounts for more than 80% of her fortune, proving that Gomez’s entrepreneurial skills are as sharp as her musical and acting talents. In addition to her beauty empire, her real estate investments, Wondermind, and earnings from her roles in music, TV, and film have all contributed to her financial success.
While Gomez may now be a billionaire, her focus remains on giving back to her fans and using her influence to promote mental health and well-being.
With this new chapter, Selena joins fellow star Taylor Swift in the billionaire ranks, further proving that their influence goes far beyond the entertainment world.