Showbiz & Lifestyle
Selena Gomez officially become a billionaire with her thriving beauty brand
American pop star, Selena Gomez is now a billionaire, according to Bloomberg’s Billionaires Index.
The actress, singer and entrepreneur amassed an estimated $1.3 billion fortune from her Rare Beauty brand to music and hit shows.
According to the publication, more than 80% of Gomez’s net worth derives from her stake in Rare Beauty Brand Inc.
Brand partnerships, acting deals and mental-health startups also contributed to her wealth.
Gomez came into the spotlight as a child star in the 2000s. She reportedly made around $3 million for her role as Alex Russo in the Disney Channel’s Wizards of Waverly Place from 2007 to 2012.
She then launched a music career, first with the pop-rock band Selena Gomez & the Scene and then as a solo artist.
With 424 million followers, Gomez is behind only football icons Cristiano Ronaldo and Lionel Messi as the most popular person on Instagram.
Music tours only accounted for less than 5% of Gomez’s wealth, with album and record sales less than 2%. She hasn’t toured since 2016.
Most of Gomez’s fortune — roughly $1.1 billion — comes from her stake in Rare Beauty.
Govt Shuts Markets, Imposes Security Restrictions
APC Trails as PDP Takes Early Lead in LG Elections
SAD END: Abducted Major General Dies in Bandits’ Captivity; Full Details
BREAKING: Amaechi Finally Agrees to Run with Atiku; Details Emerge
Veteran Nollywood Actor is Dead; Details Emerge
Sad Day as Top Reps Member Dies (PHOTO)
BIG PREDICTION: How Peter Obi Plots to Win 2027 Election (See Map)
Gov Makinde Releases Fresh Updates on Kidnapped Oyo Schoolchildren
Top 2027 Presidential Candidate Slumps in Abuja
Atiku Finally Picks Running Mate Ahead 2027 Polls
