Selena Gomez has achieved billionaire status, according to a Bloomberg report published on Friday, 6 September 2024.
The 32-year-old star now has an estimated net worth of $1.3 billion, making her one of the youngest self-made billionaires in the world.
Gomez’s wealth primarily stems from her successful beauty brand, Rare Beauty, which she launched in 2019.
Additional contributions to her fortune include her music catalogue acting roles in projects like Jacques Audiard’s Emilia Perez and Hulu’s Only Murders in the Building, as well as her real estate investments and brand partnerships.
Her substantial social media presence, with 424 million Instagram followers, also bolsters her financial standing.
The “Lose You to Love Me” singer joins a select group of musicians who have reached billionaire status, including Taylor Swift, Rihanna, Jay-Z, Kanye West, and Bruce Springsteen.
Also read: Megan Thee Stallion Wins Artiste Of The Year At Billboard’s 2024 Power Players
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