Selena Gomez can now add the title “billionaire” to her identify. The multi-hyphenate bought her large break on the Disney Channel’s Wizards of Waverly Place, and her success steadily developed over time. She landed a number of movies roles over time, together with her present Hulu present, Only Murders within the Building. After delving into music, Selena has launched six albums. But her music and appearing careers weren’t the prime elements in reaching her billion-dollar web price. Selena’s magnificence model, Rare Beauty, introduced in an overabundance in earnings, turning the Hulu star into a billionaire.

Hollywood Life has rounded up Selena’s web price and her earnings, under.

Selena Gomez’s Net Worth

Per Bloomberg, Selena’s web price at the moment stands at $1.3 billion. The outlet credited Rare Beauty as the explanation behind the monetary standing, citing her $1 billion stake within the firm.

How Much Money Does Selena’s Rare Beauty Earn?

According to TIME, Rare Beauty has seen its gross sales step by step improve over time. In 2023, a standard liquid blush product introduced in $70 million in income alone. The complete firm is price round $2 billion as of 2024.

During her May 2024 interview with TIME, Selena mentioned her magnificence model and its message about confidence. The firm’s founder additionally admitted that the work will be overwhelming “sometimes” and insisted that she “never” needed her enterprise to be “about making a lot of money.”

“I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty,” the “Single Soon” artist informed the publication. “I never wanted it to be about making a lot of money and that’s it.”

While the model promotes self-love, Selena famous that she doesn’t need Rare Beauty to “give off the vibe” that folks have to put on make-up to really feel assured.

As for what makes her “most proud” of the corporate, Selena famous that she takes pleasure in providing folks one thing they “can relate to.”

“I get so much joy when people say, ‘Hey, that helped me through a difficult time,’” she added.

How Else Does Selena Gomez Make Money?

Although her major supply of wealth is from Rare Beauty, Selena has constructed up her web price in different methods. In 2017, the Emmy Award nominee partnered with Puma SE, which reportedly introduced her a two-year deal price round $30 million. Prior to that, Selena had partnerships with Coach and Louis Vuitton, each of which racked up tens of millions of {dollars}.