American pop star Selena Gomez has achieved billionaire status, as reported by Bloomberg’s Billionaires Index.
The actress, singer, and entrepreneur has amassed an estimated fortune of $1.3 billion, largely thanks to her successful Rare Beauty brand, as well as her music career and hit television shows.
According to Bloomberg, over 80% of Gomez’s net worth comes from her ownership stake in Rare Beauty Brand Inc. Her wealth is also bolstered by brand partnerships, acting deals, and investments in mental health startups.
Gomez first gained prominence as a child star in the 2000s, earning around $3 million for her role as Alex Russo in Disney Channel’s *Wizards of Waverly Place* from 2007 to 2012. She then ventured into music with the pop-rock band Selena Gomez & the Scene and later as a solo artist.
With 424 million followers, Gomez ranks as the third most popular person on Instagram, following football icons Cristiano Ronaldo and Lionel Messi.
Music tours have contributed less than 5% to Gomez’s wealth, with album and record sales accounting for less than 2%. She has not toured since 2016. The majority of her fortune—approximately $1.1 billion—stems from her stake in Rare Beauty.
