Selena Gomez Is Now a Billionaire, According to Bloomberg

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Selena Gomez is in rare financial air. According to a report from Bloomberg published Friday (Sept. 6), the 32-year-old star has officially crossed over into billionaire status.

More precisely, Gomez now has an estimated net worth of $1.3 billion, making her one of the world’s youngest self-made billionaires. The publication attributes the “vast bulk” of her wealth to the success of her popular Rare Beauty business, which she launched in 2019.

Billboard has reached out to Gomez’s rep for comment.

Other ventures making up her reported 10-figure bank account are the multi-hyphenate’s music catalog and acting roles — most recently Jacques Audiard’s Emilia Perez and Hulu’s ongoing Only Murders in the Building — as well as her real-estate portfolio and brand partnerships, bolstered by her 424 million followers on Instagram, the third-most on the app. Gomez also boasts earnings from her…

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