Connect with us

CELEBRITY

Selena Gomez is a billionaire

Published

on

 

Selena Gomez can now add becoming a billionaire to her long list of achievements.

The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth at $1.3 billion.

 

 

Some of the wealth for the “Only Murders in the Building” star comes from singing, brand partnerships and acting, but the “vast bulk” of her wealth is tied to Rare Beauty, her 5-year-old makeup line that is a success with influencers and teens, the publication revealed Friday.

 

 

Gomez’s wealth is based on Bloomberg’s “estimated value” of her stake in the beauty brand, plus her interest in mental health platform Wondermind and various other earnings from her music, acting, properties and money she makes from partnerships that she posts about on social media, which includes her 424 million followers on Instagram.

 

 

Her popularity on Instagram makes her the third most followed person, behind soccer icons Cristiano Ronaldo (638 million) and Lionel Messi (504 million), helping her rake in massive endorsements with Puma, worth a reported $30 million, and Coach, a $10 million deal.

 

 

 

But her following has also helped her Rare Beauty line, putting her in the celebrity-led category of makeup brands dominated by Rihanna and the Kardashians. Gomez also has reportedly reached out to investors for Rare Beauty, seeking a $2 billion valuation.

Other revenue streams for the former child star include income from her Hulu show “Only Murders in the Building,” which was just renewed for a fifth season where she makes $6 million a season, according to Bloomberg, and a smaller slice from her music royalties.

CELEBRITY7 hours ago

🔥SHOCKING NEWS: In the wake of Ch@rl!e K!rk’s tragic assassination, his devastated wife, Erika Kirk, was left speechless as she revealed a bombshell — Elon Musk reached out in a way no one expected. His unexpected gesture of support has not only stunned the grieving family but has ignited a wildfire of admiration across the tech world. This shocking act may change everything we thought we knew about Silicon Valley.👉Read the full story in here: 👇👇

CELEBRITY18 hours ago

JUST IN: The internet exploded after Ivanka Trump called Stephen Colbert “ghetto trash” but she didn’t expect what happened next. Minutes later, Colbert fired back with a six-word response so sharp it shut down the internet.   Full Details 👇👇

CELEBRITY4 days ago

“YOU HAVE TWO DAYS TO RESIGN.”  GAVIN NEWSOME CRITICIZES PETE HEGSETH Gavin Newsome warned Hegseth on live television that if he didn’t resign, he would throw out evidence that he said could land him in jail  leaving the audience stunned. When the cameras rolled, no one expected this  a resignation demand and a threat that froze the room.” If you think politics couldn’t get more chaotic… think again. Details below 👇

CELEBRITY5 days ago

 “NHL SHOCKWAVE: Secret Investigation Puts Draisaitl on the Hot Seat Insiders Say ‘This Changes EVERYTHING’”🔥 The clues are adding up… and the league is trembling.👉 Tap to uncover the mystery nobody is willing to speak about.

CELEBRITY5 days ago

🙏1 HOUR AGO: “My son… oh gods, my son…” — King Charles collapses in despair after receiving TRAGIC news about Prince Harry in the U.S. Princess Anne, tears streaming down her face, stepped forward with a trembling voice: “My heart is heavy beyond words… my nephew Harry has…” READ MORE BELOW 😰👇

CELEBRITY6 days ago

⭐ “RAGE TURNED TO TEARS: Kris Knoblauch’s Hidden Battle EXPOSED — Wife Drops a Bombshell Nobody Saw Coming!” 👉 Tap to see the moment the entire Oilers fanbase went silent

CELEBRITY6 days ago

Fans say they’ve never seen a coach snap like this🔥 Edmonton ERUPTS as Coach Knoblauch Defends McDavid: “This Is a Crime Against Hockey!”👉 Tap to see why his message is shaking up the entire NHL

CELEBRITY6 days ago

😳 A hidden deal… forbidden documents… and the truth no one thought she’d dare release.🔥 “Melania Breaks Silence The Secret Deal She Was NEVER Supposed to Reveal Finally Explodes!”👇 Tap BELOW to see the leaked documents and the full explosive story  once you read this, nothing will feel the same again.

CELEBRITY7 days ago

🔥 “FIFA insiders say they’ve NEVER seen the board this angry.” FIFA Officials REVOLT as Infantino Gives Trump Surprise Peace Prize  Global Backlash Erupts!👉 Tap ‘See More’ to uncover the full scandal  the details are even crazier than the headline!

CELEBRITY1 week ago

🔥 Fed up with the ongoing chatter about Travis Kelce, Jason Kelce finally spoke out  delivering a strong defense of his brother that silenced critics on the spot. Fans say it’s the perfect reminder that family loyalty outweighs any headline.   Read more

Copyright © 2024 USAenquire