Selena Gomez's wealth: financial value assessed
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Selena Gomez, the globally recognised singer, actress, and entrepreneur, has cemented her status as a billionaire. With a net worth estimated at $1.3 billion, Gomez's journey to financial success is a testament to her diverse talents and shrewd business acumen.
Acting Career
Gomez's acting career began in earnest at the tender age of 9, when she landed a role on Disney's children's show, Barney & Friends. This early start set the stage for her rise to fame, and she later solidified her position as a TV star with her lead role on Disney Channel’s The Wizards of Waverly Place. Gomez earned around $30,000 per episode, laying the foundation for her future income growth [1][3].
Music
In 2008, Gomez formed Selena Gomez & the Scene and embarked on a successful music career. She released multiple albums and singles, selling millions of copies and amassing over a billion streams. Her music garnered dozens of Billboard Hot 100 entries, including nine top 10 hits. These successes contributed significantly to her earnings through album sales, streaming royalties, and concert tickets [2].
Rare Beauty
However, the biggest leap in Gomez's net worth came from her entrepreneurial efforts. In 2020, she launched Rare Beauty, a cosmetics brand that rapidly grew due to popular products and smart marketing, including viral success on platforms like TikTok. Rare Beauty's sales doubled in 2022 and tripled the following year, reaching $400 million in sales from mid-2023 to 2024 and valuing the company at $2 billion by 2025. Gomez’s stake in Rare Beauty is the key driver of her billionaire status [1][2][3][5].
Brand Endorsements and Partnerships
In addition to her music and acting income, Gomez has brand endorsements and partnerships that add to her overall wealth, enhancing her financial portfolio [2].
The Rare Impact Fund
Gomez's brand, Rare Beauty, is more than just a cosmetics company. It is also a vehicle for social change. In 2022, the Rare Beauty Liquid Blush sold 3.1 million units, generating around $70 million in revenue. Moreover, 1% of every sale from Rare Beauty goes to the Rare Impact Fund, which aims to improve access to mental health services. The Rare Impact Fund raised more than $7 million and reached over one million people, according to the Rare Beauty 2023 social impact report [4].
A Billionaire
With her billion-dollar net worth, Gomez joins the ranks of the world's wealthiest individuals. According to Bloomberg's billionaire index, she is a billionaire. Her wealth is primarily due to the combination of her long-standing acting career, successful music ventures, and especially her highly lucrative beauty brand Rare Beauty, along with various brand endorsements and investments [1][2][3][5].
Comparisons with Rihanna
Gomez's career diversification is similar to that of Rihanna, who also has a beauty brand. Both women have leveraged their fame and talent to build multifaceted careers that span acting, beauty, fashion, and singing.
Not the Richest Person or Woman in the World
Despite her billionaire status, Gomez is not the richest person or woman in the world. However, her net worth of $1.3 billion is a testament to her hard work, talent, and business acumen.
[1] Selena Gomez's Net Worth in 2025: How She Became a Billionaire
[2] Selena Gomez: From Barney & Friends to Billionaire
[3] Selena Gomez's Road to Becoming a Billionaire
[4] Rare Beauty 2023 Social Impact Report
[5] Bloomberg's Billionaire Index
- Selena Gomez's diverse business ventures, including her cosmetics brand Rare Beauty and personal finance management, have significantly contributed to her billion-dollar net worth and continued success.
- In the realm of entertainment, Selena Gomez's stardom grows not only from her accomplished acting and music careers but also from her investments in various entrepreneurial endeavors, such as her cosmetics brand, Rare Beauty, which rivals those of fellow celebrity entrepreneurs like Rihanna.
