Selena Gomez, known for her acting and music career, has recently achieved the impressive milestone of becoming one of the youngest billionaires in the United States. Much of her wealth is attributed to the success of her beauty brand, Rare Beauty, which was launched in 2019 and has contributed significantly to her overall net worth of $1.3 billion. This financial success has placed her in a prestigious position as a young female billionaire.
In addition to her beauty brand, Gomez’s wealth also stems from various sources such as her stake in the mental health start-up Wondermind, music album sales, real estate investments, and earnings from brand partnerships, concert tours, streaming deals, and acting projects. Despite the conclusion of her last solo tour in 2016 and the release of her most recent album in 2020, Gomez remains a prominent figure in the entertainment industry.
Gomez continues to garner acclaim for her role as both a star and executive producer of the popular Hulu series Only Murders in the Building, which has recently been renewed for a fifth season. This series has not only earned Gomez an Emmy Award nomination for Outstanding Lead Actress in a Comedy Series but has also been nominated for Outstanding Comedy Series for the third consecutive year. Additionally, Gomez is set to revisit her television roots with the upcoming sequel series Wizards Beyond Waverly Place, which is set to premiere on October 29.
In the new series, Gomez and her former co-star David Henrie will reprise their roles from the original Disney Channel show, Wizards of Waverly Place, and also take on executive producer roles for the sequel. Gomez’s continued success in both television and music, along with her entrepreneurial endeavors, has solidified her status as a powerhouse in the entertainment industry and a role model for young women everywhere. Her journey from a Disney Channel star to a billionaire entrepreneur is a true testament to her talent, hard work, and determination.
