Selena Gomez has officially become one of the youngest billionaires, according to Deadline. This milestone comes on the heels of her incredible success with her beauty brand, Rare Beauty, which has played a significant role in her financial ascent.
Career Highlights
At 32, Selena Gomez has achieved significant success not only as a singer and actress but also as an entrepreneur. Her beauty brand, Rare Beauty, launched in 2019, has been a key driver of her wealth. As of the latest Bloomberg report, her net worth has reached an astonishing $1.3 billion. This places Gomez among the youngest billionaires in the U.S., with about 81.4 percent of her net worth coming from her investment in Rare Beauty.
Diverse Revenue Streams
Marketing expert Stacy Jones comments, “Selena is more than a pop star; she’s a savvy businesswoman with multiple revenue streams contributing to her wealth.” In addition to her beauty brand, Gomez has diversified her income through real estate investments and her stake in the mental wellness startup Wondermind. Her earnings also include revenue from her music career, streaming deals, profitable brand partnerships, live performances, and acting roles.

Selena Gomez Upcoming Projects
Gomez is set to return to television with a highly anticipated sequel to her popular Disney Channel series Wizards of Waverly Place. The new show, Wizards Beyond Waverly Place, is scheduled to premiere on October 29. Despite her last music album, Rare, being released four years ago, Gomez remains an outstanding figure in the entertainment industry.