Selena becomes a billionaire
Her estimated net worth of $1.3 billion
Selena Gomez has officially joined the ranks of billionaires, according to a Bloomberg report published on 6 September.
The 32-year-old star now has an estimated net worth of $1.3 billion, largely driven by the success of her Rare Beauty brand, launched in 2019.
Other contributors to her wealth include her music catalogue, acting roles, real estate, and brand partnerships. With 424 million Instagram followers, Gomez is one of the most influential celebrities on social media. She also co-founded the mental health platform Wondermind.
Gomez now joins the exclusive billionaire club alongside Taylor Swift, Rihanna, and Jay-Z. The news follows the premiere of the fourth season of Hulu's 'Only Murders in the Building', where she plays a lead role.