According to Bloomberg, Selena Gomez has just joined the ranks of self-made billionaires at the age of 32 with a net worth of 1.3 billion USD.
Bloomberg estimates that Selena Gomez’s income comes from her artistic activities and revenue from her cosmetics business Rare Beauty. Bloomberg reports that the actress owns about 51% of the shares in the Rare Beauty company, estimated at more than 1 billion USD .
In 2023, Selena Gomez returned to acting and participated in the TV series Only Murders in the Building on Hulu. It is known that the amount of money she received from participating in one season of the show was up to 6 million USD.
The singer’s most recent tour, which has many “hits” – Revival Tour (2016), helped her pocket more than 30 million USD. With a fortune of 1.3 billion USD, Selena Gomez became one of the richest women in America.
In addition to her salary and income from singing, hosting music shows and acting in movies, Selena Gomez also earns money from advertising activities.
The American singer has more than 424 million followers on Instagram, behind only football stars Cristiano Ronaldo (638 million) and Lionel Messi (504 million). Thanks to her large fan base, Selena is trusted by brands and chosen as their advertising face, helping her earn huge advertising contracts with Puma, worth 30 million USD and Coach, worth 10 million USD. According to People , each post on her personal page brings Selena Gomez around 1 million USD.