As of 2024, Selena Gomez has officially joined the billionaire club, with an estimated net worth of $1.3 billion, according to Bloomberg. Her wealth stems largely from the massive success of her beauty brand, Rare Beauty, which has taken the makeup world by storm. Founded in 2020, Rare Beauty has become a cult favorite, particularly among Gen Z, thanks to its viral products like liquid blush and lip tint. The company’s success on social media platforms like TikTok has driven Rare Beauty’s $400 million in sales over a 12-month period, making Selena’s stake in the brand worth over $1 billion. Beyond Rare Beauty, Selena has also amassed significant earnings from her acting career, including her standout role in Hulu’s Only Murders in the Building, for which she reportedly earned at least $6 million per season. Add in major endorsement deals with luxury brands like Louis Vuitton, Coach, and Puma, and her net worth has skyrocketed, placing her among the youngest self-made female billionaires, alongside the likes of Taylor Swift and Rihanna. Despite her incredible success in music and acting, these ventures represent only a small fraction of her wealth, with the majority coming from her business acumen in the beauty industry. This achievement is a testament to Selena's ability to leverage her platform and make a significant mark beyond entertainment, transforming her into a true business mogul.
Selena Gomez is one of Gen Z’s favorite icons, appreciated for her authenticity and relatability. For a generation that craves realness, Selena’s openness about her struggles with mental health and chronic illness has resonated deeply. She’s never shied away from discussing difficult topics, from her battle with lupus to her challenges with anxiety and depression. Gen Z respects her for this transparency, especially in a world where many celebrities seem to live filtered, picture-perfect lives.
Beyond her advocacy work, Gen Z admires her for her growth as an artist and entrepreneur. Her beauty brand, Rare Beauty, has become a massive hit among young people, largely because of its focus on inclusivity and natural beauty. Products like her liquid blush and lip tint have gone viral on platforms like TikTok, making her a beloved figure in both beauty and entertainment.
While some fans feel that her music could take more risks, overall, Selena’s message of self-love, resilience, and realness continues to make her a standout star for Gen Z.
"Selena’s realness is unmatched. She’s been through so much and still manages to keep it real with her fans. Whether it’s her music, her mental health journey, or her beauty line, she just feels so genuine."
—Sophia, 24, Miami, FL
"Selena’s amazing, but I feel like her music hasn’t evolved much lately. I’d love to see her experiment more with new sounds or collaborations to keep things fresh."
—Lucas, 21, San Francisco, CA
Selena Marie Gomez was born on July 22, 1992, in Grand Prairie, Texas. Raised by her single mother, Mandy Teefey, Selena's early years were marked by financial hardship, but her talent for performing quickly opened doors. At the age of 10, Selena landed a role on Barney & Friends, where she met her close friend, Demi Lovato. But it was in 2007 that she truly rose to fame as Alex Russo on the Disney Channel’s Wizards of Waverly Place. The show became a massive hit, making Selena a household name by her teenage years.
Alongside her acting career, Selena launched a music career with her band Selena Gomez & the Scene, releasing several hit albums before transitioning to a solo artist. Her music has evolved from catchy pop tracks to more emotionally mature themes, as seen in albums like Revival (2015) and Rare (2020). Her biggest hits, such as “Lose You to Love Me,” reflect her personal growth and struggles, endearing her to fans worldwide.
However, Selena’s path hasn’t been without challenges. She was diagnosed with lupus, an autoimmune disease, and underwent a kidney transplant in 2017. Selena has also been candid about her battle with anxiety, depression, and bipolar disorder, using her platform to raise awareness about mental health. She’s become a beacon of resilience, always focusing on growth and self-care.
Selena’s ability to transition from a Disney star to a global pop icon and successful entrepreneur has been remarkable. Her beauty brand, Rare Beauty, is a testament to her influence, focusing on inclusivity and mental health advocacy, both of which are core to Selena’s values.
Selena Gomez’s career spans acting, music, producing, and entrepreneurship, making her one of the most dynamic figures in entertainment. She got her start on the children’s show Barney & Friends, but it was her starring role in Wizards of Waverly Place that shot her to global fame. From 2007 to 2012, Selena became one of the most recognized faces on Disney Channel, earning several awards and leading her to roles in films like Spring Breakers (2012) and The Dead Don’t Die (2019).
Simultaneously, Selena carved out a successful music career. Her band Selena Gomez & the Scene delivered hits like "Love You Like a Love Song," before she transitioned into a solo artist. Albums like Revival (2015) and Rare (2020) feature a more mature sound, with hits such as "Hands to Myself" and "Lose You to Love Me." Her lyrics often dive into themes of love, heartbreak, and personal growth, resonating with listeners worldwide.
In addition to her music and acting, Selena has become a successful producer, notably for Netflix’s 13 Reasons Why, which sparked important conversations around mental health. She also stars in and produces Hulu’s Only Murders in the Building, for which she reportedly earns $6 million per season.
The launch of Rare Beauty in 2020 was a pivotal moment in her career. The beauty brand quickly became a sensation, not just for its high-quality products but for its message of self-acceptance and mental health advocacy. The brand has seen viral success and major sales, helping propel Selena to billionaire status.
Selena’s love life has been closely followed by the media, especially her long-term, on-and-off relationship with Justin Bieber. The two began dating as teens in 2010, with their romance becoming one of the most talked-about celebrity pairings. After several breakups and reconciliations, the couple finally called it quits in 2018, with Justin marrying Hailey Baldwin shortly after. Selena’s hit song “Lose You to Love Me” is widely believed to reflect her process of moving on from this relationship.
In 2017, Selena dated singer The Weeknd, and the two were frequently seen together during their brief relationship. While the relationship didn’t last long, it was significant in Selena’s life, and some of her songs on Rare are believed to be inspired by this period.
In recent years, Selena has remained largely private about her love life, focusing more on her career and personal growth. She’s expressed in interviews that she’s comfortable being single and is prioritizing her mental health and well-being.
Selena Gomez’s tight-knit celebrity circle includes some of the biggest names in entertainment. One of her closest friends is Taylor Swift, a friendship that has lasted over a decade. The two frequently praise each other in interviews and show support on social media. Their bond is seen as one of the most genuine celebrity friendships, with fans loving every cute post or interaction between them. Selena is also close with actress Francia Raisa, who donated a kidney to Selena in 2017, a gesture that cemented their deep bond. While there have been rumors of tension between the two, Selena has often spoken about how grateful she is for Francia’s life-saving gift. Other members of her squad include stars like Nicola Peltz, Cara Delevingne, and Julia Michaels, with whom Selena has collaborated musically. She’s known for keeping a loyal group of friends around her, focused on genuine connections rather than superficial celebrity cliques.
When Selena isn’t acting, singing, or running her beauty empire, she enjoys several low-key hobbies. Cooking is one of her favorite activities, and during the pandemic, she launched the HBO Max show Selena + Chef, where she cooked alongside professional chefs while learning new recipes. The show offered fans a candid look at her culinary skills and humor, quickly becoming a hit. Selena is also passionate about mental health advocacy. Her own experiences with anxiety and depression have fueled her mission to provide support and resources for others, especially through her Rare Impact Fund, which donates a portion of Rare Beauty sales to mental health initiatives. Selena loves traveling and spending time with family, often posting about trips and adventures. Whether it’s a tropical vacation or spending time in Italy, she enjoys experiencing new cultures and relaxing away from the spotlight.
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