Selena Gomez Is Formally a Billionaire

Selena Gomez’s web value has surpassed $1 billion, in keeping with Bloomberg. Learn the way the Solely Murders within the Constructing star achieved billionaire standing.

Selena Gomez Reaches Billionaire Standing: Contained in the Cash Milestone

Solely billionaires within the constructing.

Selena Gomez made the Bloomberg Billionaires Index for the very first time, reaching a web value of $1.3 billion. The Solely Murders within the Constructing star, 32, has turn out to be one of many United States’ youngest feminine self-made billionaires largely because of the success of her cosmetics firm, Uncommon Magnificence Manufacturers Inc., Bloomberg reported Sept. 6.

Greater than 81 p.c of Selena’s web value derives from her stake within the group, which she based in 2020. And whereas there have been rumors she could be strolling away from the model earlier this 12 months, she subsequently confirmed she had no plans to promote the corporate.

“I do not suppose I am going wherever,” she stated throughout a dialog for the 2024 TIME100 Summit April 24. “I’m having fun with this somewhat an excessive amount of.”

Along with the staggering earnings from Uncommon, Bloomberg reported that just about 7 p.c of her web value stems from her skilled endorsements and virtually 5 p.c from touring, which the “Come and Get It” singer final did in 2016.

Additionally, greater than 2.5 p.c is because of her mental-health startup Wondermind—which launched in 2022—and the remainder of her web value stems from cash constructed from album and streaming gross sales and actual property investments. Plus, after all, there’s her appearing work in initiatives like Solely Murders within the Constructing, for which she simply earned her fourth Primetime Emmy nomination.

Steve Granitz/FilmMagic

Selena shared perception into her skilled future again in January. “I do really feel like I’ve yet another album in me, however I might most likely select appearing,” she on the SmartLess podcast. “I needed to be an actress, I by no means actually supposed on being a singer full-time however apparently that passion become one thing else.”

Bloomberg—which based mostly its wealth evaluation on the bottom estimated worth of Selena’s enterprise stakes and on property that might be confirmed or traced from publicly disclosed figures— reported that Selena, who as a toddler starred on Barney & Pals and Wizards of Waverly Place, earns a minimum of $6 million per season of Solely Murders within the Constructing, which started its fourth season Aug. 27.

Look again at which different celebs have a web value of over $1 billion…

Kevin Mazur/Getty Photos for The Recording Academy

14. Taylor Swift

Web Price: $1.1 Billion

Daniel Boczarski/Getty Photos

13. Dick Wolf

Web Price: $1.2 Billion

Mike Coppola/Getty Photos

12. Magic Johnson

Web Price: $1.2 Billion

Harry How/Getty Photos

11. LeBron James