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FAME Delivered > Blog > Entertainment > Selena Gomez joins youngest billionaires club with $1.3 billion net worth, follows ‘Rare Beauty’ brand’s success
EntertainmentLifestyle

Selena Gomez joins youngest billionaires club with $1.3 billion net worth, follows ‘Rare Beauty’ brand’s success

Staff Editor
Staff Editor Published September 7, 2024
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Selena Gomez joins youngest billionaires club with $1.3 billion net worth, follows ‘Rare Beauty’ brand’s success
Selena Gomez joins youngest billionaires club with $1.3 billion net worth, follows ‘Rare Beauty’ brand’s success
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Selena Gomez has officially joined the youngest billionaires club, boasting an estimated net worth of USD 1.3 billion, largely driven by the success of her beauty brand, Rare Beauty, which she launched in 2019. Rare Beauty has become a key contributor to her wealth, accounting for about 81.4% of her total net worth.

Selena Gomez is now one of the youngest female billionaires in the US with a net worth of USD 1.3 billion, largely from her beauty line Rare Beauty.(REUTERS)

Beyond her success in the beauty industry, Gomez’s financial empire is diversified through investments in real estate and the mental health startup Wondermind. Her entertainment career also remains a lucrative source of income, with earnings from music, streaming deals, brand partnerships, and her role as a producer on Hulu’s Only Murders in the Building.

Selena Gomez Photographer: Lionel Hahn/Getty Images

At 32, Selena Gomez is not only a pop star but also a shrewd businesswoman. She’s set to return to television with Wizards Beyond Waverly Place, the sequel to her hit Disney show, premiering in October 2024, further solidifying her presence in the entertainment industry.

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