Selena Gomez becomes a billionaire.

Selena Gomez joined the ranks of billionaires at age 32 with a net worth of $1.3 billion. She is currently one of the youngest self-made female billionaires in America, alongside Taylor Swift, Kim Kardashian, and Rihanna.

According to Bloomberg Selena Gomez become one of billionaire Youngest self-made man in America. Net worth is $1.3 billion.

A portion of the star's assets Only Murders in the Building Her wealth comes from singing, brand collaborations, and acting. However, the majority of her assets come from the Rare Beauty brand, which Selena founded in February 2019.

Selena Gomez became a billionaire at the age of 32. Photo: Invision.

"Selena is more than just a pop star. She's a multi-talented entrepreneur with multiple income streams contributing to her impressive net worth," marketing expert Stacy Jones shared. CNN.

Along with her personal beauty brand, Selena Gomez's net worth comes from her investment in Wondermind—a mental health platform—her real estate portfolio, income from music and acting, and social media partnerships, including her 424 million-follower Instagram account.

The former Disney star is the third most followed person in the world , after two football icons, Cristiano Ronaldo (638 million) and Lionel Messi (504 million). The singer previously secured a $30 million advertising contract with Puma and a $10 million contract with Coach.

Selena's massive following helped her establish her personal cosmetics brand, allowing her to break into the category of celebrity makeup brands currently dominated by Rihanna and the Kardashian family. The singer's cosmetics line is valued at $2 billion.

In 2020, Selena Gomez revealed she suffers from bipolar disorder. The singer stated that any deal she signs "must have a charitable element or be related to mental health." She established the Rare Impact Foundation to raise $100 million to help people access healthcare services.

Selena owns the majority stake in her personal cosmetics brand, accounting for 80% of her net worth. Photo: Getty.

Other sources of income for the former Disney child star include music and film royalties, particularly from the five seasons of the series. Only Murders in the Building Her appearances on Hulu earned her $6 million per season, according to... Bloomberg.

Selena became famous at the age of 10 when she starred in a series. Barney & Friends . After joining Disney, she built her reputation with the film. The Wizards of Waverly Place have released numerous albums and singles that have achieved great success, such as Lose you to love me, Love you like a love song, Hands to myself, Same old love, Good for you…

In her teens, she had a nine-year relationship with pop star Justin Bieber. Their on-again, off-again relationship eventually ended. A few months after their breakup, Justin married... model Hailey Baldwin, meanwhile, is experiencing declining health, suffering from lupus erythematosus. Selena is currently dating singer and music producer Benny Blanco – an old friend of Justin's.

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