Selena Gomez is now reportedly on the list of American billionaires.
The 32-year-old actress, singer and entrepreneur is also one of the youngest self-made billionaires in the United States, according to Bloomberg, which estimates her net worth at US$1.3 billion.
Part of the wealth of the actressOnly Murders in the Building Her wealth comes from her songs, brand endorsements and acting, but most of her wealth is tied to Rare Beauty, her makeup line, Bloomberg reported in a report Friday.
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Meryl Streep, Steve Martin, Selena Gomez and Martin Short on the red carpet at the series premiere of “Only Murders in the Building” on August 22, 2024.
Selena Gomez’s wealth is thus based on Bloomberg’s “estimated value” of her stake in her company, but also her stake in the mental health platform Wondermind and various other income from music, her real estate investments and her paid partnerships on social networks.
The singer of Lose You To Love Me has over 424 million followers on Instagram, making her the third most followed person, behind football icons Cristiano Ronaldo (638 million) and Lionel Messi (504 million).
His popularity would also help him land huge contracts with Puma, worth an estimated US$30 million, and Coach, a contract worth US$10 million.
The former child star’s other sources of income include music royalties and revenue from the series. Only Murders in the Buildingwhich was just renewed for a fifth season. Her role as Mabel Mora reportedly earns her $6 million per season, according to Bloomberg.