Actress and singer Selena Gomez has officially become a billionaire, joining the ranks of the world’s wealthiest celebrities as Bloomberg has officially named her as a billionaire.
According to recent estimates, Gomez’s net worth has soared to a staggering $1.3 billion, making her one of the youngest female self-made billionaires in the United States.
The 32-year-old singer and actress owes her immense wealth to the phenomenal success of her cosmetics company, Rare Beauty, which she launched in 2020.
The brand has taken the beauty industry by storm, with its inclusive product line and commitment to mental health awareness resonating with fans worldwide.
Rare Beauty’s valuation has skyrocketed to a whopping $1.1 billion, accounting for the majority of Gomez’s net worth.
Gomez’s entrepreneurial ventures, savvy investments, and lucrative endorsement deals have all contributed to her impressive wealth.
Her influence extends far beyond the music industry, with a massive social media following and a reputation as a devoted philanthropist.
As Selina Gomez enters the billionaire club, she joins an exclusive group of celebrities, including Oprah Winfrey, Jay-Z, and Rihanna, who have all built business empires and amassed enormous fortunes. Her achievement serves as a testament to her hard work, dedication, and innovative spirit.
