Selena Gomez Joins the Billionaires Club
Selena Gomez has officially reached a major career milestone
The singer, actress, and entrepreneur has joined the ranks of billionaires, with a net worth estimated at around $1.3 billion. This makes her one of the youngest self-made billionaires in the United States.
Rare Beauty: A Billion-Dollar Success
The majority of Gomez’s wealth can be attributed to her highly successful cosmetics brand, **Rare Beauty**. Founded in 2019, the brand has quickly gained popularity among younger audiences and influencers, contributing to over 80% of Gomez’s total net worth. Rare Beauty is valued at around $2 billion, and Gomez holds a majority stake in the company.
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A Diverse Income Stream
In addition to Rare Beauty, Gomez’s wealth is bolstered by her diverse income streams. Her acting career, including her role in the popular Hulu series “Only Murders in the Building,” continues to thrive. She also has lucrative endorsement deals with major brands like Puma and Coach.
Furthermore, Gomez has launched a mental health platform, Wondermind, which has further solidified her status as a role model and entrepreneur. Her significant social media presence also contributes to her earning potential, as she can command substantial fees for sponsored content and brand partnerships.
A Rising Star
Selena Gomez’s journey to billionaire status is a testament to her talent, hard work, and entrepreneurial spirit. Her success in the entertainment industry and her ability to build a successful business empire have made her a prominent figure in both the world of business and pop culture.
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