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Selena Gomez has found tremendous success both in front of and behind the camera. The Texas native, who first entered the entertainment industry as a youngster on kid’s shows, has now accumulated a massive net worth of over $1 billion according to Bloomberg.
Much of Gomez’s wealth can be traced back to her beauty brand Rare Beauty, which she launched in 2020. As the major shareholder of Rare Beauty, Forbes estimates her stake is worth more than $1 billion on its own. The company, known for products like liquid blushes and lip stains promoted across social networks, has achieved sales of $400 million in its first five years alone.
While continuing to act in projects and pursue her musical passions, Rare Beauty is clearly the primary driver of Gomez’s current billionaire status. Along with fellow entrepreneur-performers like Rihanna, she is now considered one of the youngest self-made women in business. On top of her company’s success, Gomez has earned tens of millions from brand partnerships and her starring role in the acclaimed series Only Murders in the Building.
