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Selena Gomez is a billionaire

Selena Gomez can now add becoming a billionaire to her long list of achievements. The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth at $1.3 billion.

Some of the wealth for the “Only Murders in the Building” star comes from singing, brand partnerships and acting, but the “vast bulk” of her wealth is tied to Rare Beauty, her 5-year-old makeup line that is a success with influencers and teens, the publication revealed Friday.

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by Anonymousreply 18September 7, 2024 1:21 PM

Gomez’s wealth is based on Bloomberg’s “estimated value” of her stake in the beauty brand, plus her interest in mental health platform Wondermind and various other earnings from her music, acting, properties and money she makes from partnerships that she posts about on social media, which includes her 424 million followers on Instagram.

Her popularity on Instagram makes her the third most followed person, behind soccer icons Cristiano Ronaldo (638 million) and Lionel Messi (504 million), helping her rake in massive endorsements with Puma, worth a reported $30 million, and Coach, a $10 million deal.

by Anonymousreply 1September 6, 2024 10:48 PM

But her following has also helped her Rare Beauty line, putting her in the celebrity-led category of makeup brands dominated by Rihanna and the Kardashians. Gomez also has reportedly reached out to investors for Rare Beauty, seeking a $2 billion valuation.

by Anonymousreply 2September 6, 2024 10:49 PM

Oh wow, good for her. How a face like that ever became a singer and actress is beyond me. She can’t sing or act. And forever looks like a 12 yr old MTF.

by Anonymousreply 3September 6, 2024 11:01 PM

I guess you've go to have a merch line these days.

Who knew Gomez sings?

by Anonymousreply 4September 7, 2024 12:34 AM

So, she bought her Emmy nomination. TRASH!

by Anonymousreply 5September 7, 2024 12:49 AM

Fuck, I wish I could have a cosmetic line, but I'm a 50 year old slightly overweight man. When will it be my turn to rake it in?

by Anonymousreply 6September 7, 2024 12:54 AM

Little punta is cutting into my Latin X role model money!

by Anonymousreply 7September 7, 2024 12:55 AM

Painting one's face is one of the dumbest thing women do. The hours and cost is so, so silly. All to somehow convince themselves and especially men that it makes them prettier than their natural state. Men would never do anything so idiotic and demeaning to impress anyone.

by Anonymousreply 8September 7, 2024 12:57 AM

Good for her. Make that money, girl.

by Anonymousreply 9September 7, 2024 12:57 AM

Like she had a money shortage in the first place.

by Anonymousreply 10September 7, 2024 1:16 AM

R6 Well not with THAT attitude

by Anonymousreply 11September 7, 2024 1:18 AM

Well, someone completely missed the mark for Kylie Jenner when they announced she was a billionaire.

So, I'll take this news with a grain of salt.

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by Anonymousreply 12September 7, 2024 1:25 AM

Amateur.

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by Anonymousreply 13September 7, 2024 1:34 AM

"Only Murders" was just renewed for Season 5.

by Anonymousreply 14September 7, 2024 1:57 AM

They were meant to be.

by Anonymousreply 15September 7, 2024 3:46 AM

She is very likeable but honestly who buys this krap?

by Anonymousreply 16September 7, 2024 4:46 AM

People who use “k” when not called for.

by Anonymousreply 17September 7, 2024 4:48 AM

Meanwhile, Justin Bieber is going broke cuz the wife is spending all his money.

by Anonymousreply 18September 7, 2024 1:21 PM
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