According to Bloomberg, almost all of her net worth rests on the wing of her Rare Beauty cosmetics and make-up line firm.
It is believed that she has a worth of approximately $1. 3 billion, and placed her among the youngest women in her home country to amass a fortune of more than 100 million dollars. The publication said that a ‘massive proportion’ of her assets relate to the growth of her Rare Beauty makeup and cosmetics line, which started selling in 2019 in the US, Canada and Mexico.
Selena Gomez, 32, began her career in the art of acting during childhood, then proceeded with her singing career and participation in the Hulu series “Only Murders in the Building,” which was recently ordered for a fifth season. Gomez will also be featured in the Cannes-winning musical drama, “Emilia Perez,” written by Jacques Audiard, which will be in select theaters on November 1st before being released on Netflix on November 13th.
Even though she has appeared in more films in the past few years, Gomez still released two new songs under Inters cope Records, “Love On” in February and “Single Soon” from 2023, as well as hinting at an upcoming album. She maintained herself on the Billboard Hot 100 for most of 2023 with her song “Calm Down”, which reached RIAA triple platinum status and features Rema, an Afrobeats artist.
As evident in the Bloomberg report, Gomez’s social followers figure prominently in the heartiness model, coupled with her brand, mentality, business, deals and sponsorships. The publication says that the ‘wealth computation assumed the market value of shares in Rare Beauty, interest in Wonder mind, value of music albums, and properties, as well as earnings from streaming, sponsorships, concertgoers, and acting.
Salena Gomez’s next venture will be executive producing and starring in the upcoming Disney revival of the Disney Channel series she started as a teenager, “Wizards of Waverly Place.”