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According to Bloomberg estimates, Selena Gomez is a billionaire

Selena Gomez According to him, he is officially a billionaire Bloomberg report

She is estimated to be worth $1.3 billion, making her one of the youngest women in the country with a 10-figure fortune. The publication determined that a “vast bulk” of her net worth is tied to the success of her Rare Beauty makeup and cosmetics brand (which is available in the United States, Canada and Mexico) which was launched in 2019.

Gomez, 32, began acting as a child before launching her music career and appearing on the Hulu hit series “Only Murders in the Building,” which was. Recently renewed for season 5. Gomez will also star in Jacques Audiard’s Cannes-winning musical drama, “Emilia Pérez,” which opens in select theaters on Nov. 1, before streaming on Netflix on Nov. 13.

Although Gomez has been more active on screen in recent years, she shared a pair of fresh singles — “Love On” in February, and “Single Soon” in 2023 — through her label Interscope Records, and has also started teasing it. New album. She was a mainstay on the Billboard Hot 100 for most of 2023, thanks to her single, “calm down,” the RIAA certified triple-platinum hit she shared with Afrobeats superstar Rema.

The Bloomberg report also highlighted Gomez’s social media influence and her mental health brand, in addition to her personal brand deals and sponsorships. The publication reads “Property Analysis [of Selena Gomez] The estimated value of her stake in Rare Beauty, her interest in Wondermind, the estimated value of her music album sales and properties, and streaming deals, brand partnerships, concert tickets and acting earnings were taken into account.”

A representative for Gomez did not immediately return Variety’s request for comment.

Gomez’s next venture will be executive producing and starring in the upcoming Disney+ reboot of the Disney Channel series she started as a teenager, “Wizards of Waverly Place.” Now dubbed “Wizards Beyond Waverly Place,” the sequel series will premiere on the network on Oct. 29 at 8:00 pm ET.

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