Celebrity Selena Gomez is the newest young entrant to the Bloomberg Billionaire Index. The singer, actor, producer, and entrepreneur was added to the list on September 6. The index calculated that a major portion of her wealth comes from her beauty brand, Rare Beauty, and the rest from her music, tours, real estate, and acting career. The 32-year-old talented woman is one of the youngest billionaires in the newest list.
Selena Gomez’s Rare Beauty company accounts for approximately 81 percent of her wealth. In comparison, music tours contributed less than 5 percent of her wealth, and record sales added about 2 percent. The talented singer of Lose You to Love Me is a good friend of Taylor Swift, another young billionaire. Unlike Selena Gomez, Taylor Swift’s tours and music albums have contributed the most to making Taylor a billionaire.
Selena Gomez is the third most followed celebrity on a popular social media platform, behind football legends Cristiano Ronaldo and Lionel Messi. Her web fans have contributed to her success as an entrepreneur, and they are very happy that their favorite multitalented celebrity is a billionaire with a net worth of $1.3 billion.
Selena Gomez began her career at the age of 10 but became very popular when she starred in Disney’s Wizards of Waverly Place. She became a successful singer with several music albums and then enjoyed success once again when she joined a stellar cast, including Steve Martin and Martin Short, in the Hulu hit series Only Murders in the Building.
Selena Gomez launched her beauty company Rare Earth four years ago in September 2020. She said she got a lot of joy when people told her that her brand, Rare Beauty, helped them.
Selena Gomez has connected very well with her web fans. She has frankly and sincerely shared her problems, including some related to mental health. She gives 1 percent of Rare Beauty’s cosmetic sales to the Rare Beauty Rare Impact Fund, which grants to global organizations working to improve mental health.
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