Selena Gomez net worth

Selena Gomez has come a long way since her days on Barney & Friends. Now a global entertainment powerhouse, Gomez has built a multifaceted career as a singer, actress, producer, and entrepreneur. Her estimated net worth stands at an astonishing $1 billion, driven largely by the explosive success of her cosmetics brand, Rare Beauty.

Selena Gomez Net Worth	$1 Billion
Date of Birth	Jul 22, 1992
Place of Birth	Grand Prairie
Nationality	American
Profession	Singer, Actor, Fashion designer, Music artist, Voice Actor, Dancer

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The Billion-Dollar Breakthrough

Launched in September 2020, Rare Beauty quickly grew into one of the most lucrative celebrity-owned beauty lines on the market. Known for its accessible, inclusive, and moderately priced makeup—like the best-selling liquid blush and lip products—the brand reportedly brought in $100 million in revenue in 2022 and an unconfirmed $350 million in 2023. If this revenue figure is accurate and valued conservatively at four times its annual revenue, Rare Beauty could be worth at least $1.4 billion. Selena reportedly owns 51% of the company, making it her most valuable asset by far.

In early 2024, rumors swirled about a potential $2 billion acquisition offer for Rare Beauty, underscoring the brand’s market power. Beyond profits, Rare Beauty also invests in mental health, donating 1% of all sales to its Rare Impact Fund, which has raised over $5 million to date.

A Strong Foundation in Entertainment

Before Rare Beauty, Gomez carved out a successful career in acting and music. She began acting at age seven and gained popularity through roles in Disney shows such as Hannah Montana and Wizards of Waverly Place, the latter of which paid her $30,000 per episode. In total, she appeared in 106 episodes of Wizards, plus two spin-off movies.

She transitioned to film with roles in Another Cinderella Story, Ramona and Beezus, and later starred in the acclaimed Hulu series Only Murders in the Building, alongside Steve Martin and Martin Short.

Musically, Selena has released three studio albums as a solo artist and three albums as the lead singer of her former band, Selena Gomez & The Scene. All of these records have achieved commercial success, with multiple Gold and Platinum certifications.

Endorsement Deals

Selena Gomez has also been a marketing powerhouse. Her 2017 endorsement deal with Puma netted her $30 million over two years, making her the face of the brand alongside Rihanna. She also signed a $10 million deal with Coach in 2016, helping to rejuvenate the heritage brand’s image with younger consumers.

Thanks to her enormous social media following—over 420 million Instagram followers and 58 million on TikTok—Gomez commands high fees for sponsored content. One branded post from her Instagram can be worth up to $3.5 million, and she is known to earn between $500,000 and $800,000 per post.

Other Ventures

Beyond Rare Beauty, Gomez has built a diverse investment portfolio. She is a part-owner of Serendipity, an ice cream brand, and co-founded Wondermind, a mental health startup. In 2022, Wondermind raised $5 million at a $100 million valuation, with backing from major investors like Serena Ventures and Lightspeed Venture Partners.

She also serves as an executive producer on Netflix series such as 13 Reasons Why and Living Undocumented, further showcasing her influence behind the scenes.

Philanthropy

Selena Gomez is a committed philanthropist and has served as a UNICEF Goodwill Ambassador since she was a teenager. Her humanitarian work includes trips to Ghana and Chile to raise awareness about children’s rights and poverty. She’s also actively involved in the Ryan Seacrest Foundation, RAISE Hope for Congo, and DoSomething.org.

Personal Life

Gomez has experienced her share of public attention, particularly for her on-and-off relationship with Justin Bieber and a brief relationship with The Weeknd. In December 2023, she confirmed a relationship with producer Benny Blanco, and by the end of 2024, the couple was reportedly engaged.

In 2014, Gomez was diagnosed with Lupus, a chronic autoimmune disease. In 2017, she underwent a life-saving kidney transplant, donated by her friend, actress Francia Raisa. Her openness about living with chronic illness has helped raise awareness and inspire fans worldwide.