Selena Gomez Net Worth

Selena Gomez is a successful musician, actress, and producer with an impressive resume. The former child star rose to prominence on Disney Channel series like Wizards of Waverly Place and starred in the hit Hotel Transylvania film franchise.

In addition to her music and acting career, Gomez has also built a lucrative business empire through her cosmetics line Rare Beauty. Her earnings also include a healthy portion from touring and her interest in mental health startup Wondermind.

Selena Gomez Profile Summary

Category	Details
Full Name	Selena Marie Gomez
Pronunciation	/səˈliːnə ˈɡoʊmɛz/ (sə-LEE-nə GOH-mez)
Date of Birth	July 22, 1992
Age	32 years old (as of 2024)
Birthplace	Grand Prairie, Texas, United States
Gender	Female
Height	5 ft 4 in (1.65 m)
Profession	Singer, Actress, Fashion Designer, Music Artist, Voice Actor, Dancer
Nationality	United States of America
Richest Category	Richest Celebrities › Singers
Net Worth (2024)	$1.3 billion
Early Career	Began acting in Barney & Friends (2002–2004)
Rise to Fame	Lead role as Alex Russo in Wizards of Waverly Place (2007–2012)
Music Career	Formed pop rock band Selena Gomez & the Scene (2008), released three gold-certified albums
Solo Albums	– Stars Dance (2013), hit single “Come & Get It”
	– Revival (2015), singles “Good for You”, “Same Old Love”, “Hands to Myself”
	– Rare (2020), hit single “Lose You to Love Me”
Spanish EP	Revelación (2021), earned Grammy and Latin Grammy Award nominations
Collaborative Singles	“We Don’t Talk Anymore”, “It Ain’t Me”, “Wolves”, “Taki Taki”, “Calm Down (Remix)” (Afrobeats hit)
Notable Films	Another Cinderella Story (2008), Spring Breakers (2012), Hotel Transylvania franchise (2012–2022)
Production Work	Produced 13 Reasons Why (2017–2020), Living Undocumented (2019), Selena + Chef (2020–2023)
TV Shows	Lead role in Only Murders in the Building (2021–present)
Awards	Cannes Film Festival Award, American Music Award, Billboard Music Award, 16 Guinness World Records
Nominations	7 Emmy Awards, 2 Grammy Awards, 2 Golden Globe Awards
Philanthropy	UNICEF Goodwill Ambassador since 2009, founded Rare Impact Fund, advocate for mental health, gender, racial, and LGBT equality
Business Ventures	Founded Rare Beauty in 2020, valued at $2 billion as of 2024
Notable Recognitions	Time 100 (2020), Forbes 30 Under 30 (2016, 2020), Billboard Woman of the Year (2017)
Social Media	Most-followed woman on Instagram (424 million followers)
YouTube Followers	21.6 million
Twitter Followers	65.9 million

Early Life

Selena Gomez has built a multifaceted career as a singer, actress, producer, and entrepreneur. Her success is a testament to her talent and resilience. It also provides a powerful lesson for young people about smart money management.

Gomez started acting at the age of seven on kids shows such as Barney & Friends and Hannah Montana. She eventually found her big break as a lead in the Disney Channel series Wizards of Waverly Place. The show ran for seven seasons and gave her a huge following among younger audiences.

After leaving the show, Gomez launched her own label, July Moon Productions. The company allowed her to option articles and create talent packages to shop to studios. She also made a name for herself as a singer with hit songs throughout the 2010s. Still, her music and acting careers account for only a small fraction of her total wealth. According to a report by Bloomberg, music tours make up less than 5% of her fortune, while album and record sales contribute only 2%. The majority of her earnings come from a stake in her makeup brand Rare Beauty, which she founded in 2020.

Early Career

Selena Gomez first appeared as a child actor in Barney & Friends and rose to prominence as the lead character on Disney Channel’s Emmy-winning series Wizards of Waverly Place. She also starred in movies such as Another Cinderella Story, Princess Protection Program, and Hotel Transylvania.

In 2020, she launched her own makeup brand Rare Beauty and became an executive producer on the Netflix show ’13 Reasons Why’. She has since expanded her business interests to include a clothing line, ice cream brand, and mental health media company.

As a UNICEF ambassador, Gomez has made significant contributions to charitable causes in the United States and abroad. She has also endorsed several beauty and fashion brands and is involved with social media marketing initiatives.

As the most popular celebrity on Instagram with over 424 million followers, Selena Gomez’s brand value is worth tens of millions of dollars. Her philanthropy and authenticity have helped her build a solid reputation as a positive role model for younger audiences. Her recent foray into acting has also boosted her net worth as she has earned $6 million per season of her Hulu TV series Only Murders in the Building.

Acting Career

Selena Gomez boosted her acting career with a starring role on the Disney Channel hit show Wizards of Waverly Place. The 106 episode series and two sequel movies made her a household name. She also starred in films, including Spring Breakers and the 2013 remake of Hotel Transylvania.

Her acting career earned her millions, but it’s her booming beauty company Rare Beauty that accounts for most of her wealth. The makeup brand she co-founded in 2020 has been a huge success, earning a reported $100 million in 2022 alone. Bloomberg estimates she holds a conservative 51% stake in the company and its assets are worth $2 billion.

The star’s endorsement deals with the likes of Puma, Coach, and Verizon have also boosted her earnings. She’s also one of the most followed Instagram users with 424 million followers, raking in hefty sums for each sponsored post. Gomez’s other ventures include her stake in the mental health platform Wondermind and her various properties.

Music And Other Ventures

Selena Gomez’s music and acting careers have boosted her reputation and bank account. She continues to release albums, earning royalties from sales and tours. Her starring role in movies like Spring Breakers and Monte Carlo has also earned her hefty salaries and bonuses. Her most recent big-screen gig, the comedy series Only Murders in the Building, sees her co-starring with comedians Steve Martin and Martin Short. The show reportedly pays her $6 million per season.

The multi-hyphenate’s philanthropic efforts have also helped her accumulate riches. Her charitable work is a big reason she has garnered so many followers on social media, as she regularly promotes causes close to her heart, such as mental health awareness via her Rare Impact Fund.

In addition to her music, acting, and philanthropy endeavors, Gomez has ventured into business, establishing a lucrative cosmetics brand called Rare Beauty. The company is reportedly worth over $1.4 billion, thanks to its growth since launch. The star also holds stakes in companies such as Serendipity Ice Cream and Wondermind, contributing to her impressive earnings portfolio.

$30 Million Puma Deal

Despite taking some time away from the spotlight to battle her Lupus, Gomez has branched out into many lucrative ventures that have allowed her to build up a substantial bank account. In addition to her massive music catalog, the multi-hyphenate actress is a highly sought after endorsement star with major deals with brands like Coach, Louis Vuitton, and Puma, as well as being an executive producer on several impactful Netflix series.

Her social media following is another significant revenue stream, with Gomez being the third most-followed person on Instagram, behind Cristiano Ronaldo and Lionel Messi. She also launched her own makeup line called Rare Beauty, which has rapidly risen in popularity and outperformed her competitors.

According to Forbes, about 81% of Selena Gomez’s net worth stems from her stake in Rare Beauty, where she has a 51% majority interest. In comparison, record and tour sales only make up less than 2% of Gomez’s fortune. Other income streams include acting—she’s reportedly earning $6 million per season on Hulu’s Only Murders in the Building—real estate, brand partnerships, and concert tickets.

$10 Million Coach Deal

Selena Gomez is one of the world’s most popular celebrities. She kicked off her acting career at age seven with a recurring role on Disney’s “Barney & Friends” and went on to star in movies such as “Hannah Montana,” “Wizards of Waver Place,” and “Ramona and Beezus.”

Selena moved into music as the lead singer of the band Selena Gomez and the Scene before launching her solo musical career. She has released three studio albums and scored a number of top 10 hits.

Acting and music bring in the bulk of her income, but the actress has diversified her wealth through other ventures. She owns a stake in the makeup brand Rare Beauty, which is reportedly worth $1.1 billion. The Hotel Transylvania actress also makes money from her Instagram posts, which are reportedly worth $1.7 million each.

A vocal mental health advocate, Gomez has used her platform to raise funds for causes close to her heart. She recently established a fund that helps young people in the US struggling with depression and anxiety. She also cofounded the media company Wondermind with her mother, Mandy Teefey, and entrepreneur Daniella Pierson.

Earnings From Instagram

Selena Gomez is a multi-hyphenate celebrity who has established herself as a successful singer, actress, and businesswoman. She has earned millions of dollars in endorsement deals, and she commands a massive fee for each sponsored Instagram post.

In fact, according to Forbes, Gomez is one of the highest-paid celebrities on Instagram with a following of more than 424 million. A single post can generate up to $3.5 million in revenue for the brand that sponsors it.

The bulk of Gomez’s wealth, however, comes from her makeup brand Rare Beauty. The publication estimates that Gomez’s stake in the company is worth more than $1 billion. Her other revenue streams include the Hotel Transylvania film franchise and her Hulu show Only Murders in the Building, which she executive produces. The series reportedly earns her $6 million per season.

Live performances also contribute to Gomez’s earnings. Her 2016 Revival Tour generated more than $30 million in ticket sales. The pop star is also a prolific investor, having co-founded a mental health platform Wondermind and investing in companies like Gopuff and Serendipity Ice Cream.

Personal Life

Selena Gomez is a popular singer, actress, producer and businesswoman. She has launched her own makeup brand, Rare Beauty, and is an executive producer on the Netflix series 13 Reasons Why. She also has a number of other business ventures, including a mental health media company called Wondermind.

Selena’s acting career has been incredibly successful. She made her debut on Barney & Friends in 2002, and quickly became a teen icon with her role as Alex Russo on the Disney Channel series Wizards of Waverly Place. Gomez continued to act in films, and her starring role in the Hotel Transylvania film franchise brought her in over $1.3 billion across four movies.

However, the bulk of Gomez’s wealth comes from her cosmetics brand, which she owns a 51% stake in, according to Bloomberg. The site estimates the brand is worth over $2 billion. She also makes millions from lucrative endorsement deals with brands such as Puma, Louis Vuitton, and Coach. She has 424 million Instagram followers, making her the third most-followed person on the social media platform.

Philanthropy

Selena Gomez’s philanthropy reflects her deep concern for the welfare of children. She is a goodwill ambassador for UNICEF and appears in the organization’s public service announcements. She also participates in Disney’s Friends for Change program and helped produce a charity single that benefits the Disney Worldwide Conservation Fund.

She is a co-founder of Wondermind, an online mental health platform that encourages users to view their wellness as important as physical fitness. Her stake in this company earns her additional income. In addition, she has a stake in the Serendipity ice cream company and food delivery service Gopuff.

Despite her burgeoning career, acting and music only contribute to about 10% of her net worth, according to Bloomberg. However, her social media influence (she has 424 million followers on Instagram) enables her to earn large endorsements from companies such as Puma and Coach.

Her philanthropic efforts include fundraising and awareness-raising for causes including cancer, depression, and bipolar disorder. She also supports the RAICES refugee and immigrant rights organization and raises awareness about the Deferred Action for Childhood Arrivals (DACA) program.

Health Issues

Selena Gomez is a multi-hyphenate superstar who has carved out a unique path to wealth and fame. She rose to prominence as a child star on Barney and Friends and continued her success as the star of Disney’s Wizards of Waverly Place, earning $3 million per season. She later transitioned to music and became one of the world’s most-followed Instagram stars with a reported 424 million followers.

While acting and singing do contribute to Gomez’s fortune, the bulk of her $1.3 billion net worth, or 84%, comes from her makeup brand Rare Beauty. She launched the company in 2020, and it has quickly become a staple in the industry. The company sells a variety of makeup products, and 1% of sales are donated to the philanthropic arm of the company, Rare Impact Fund.

In addition to her makeup business, Gomez is also an investor and part-owner of ice cream company Serendipity. She also co-founded mental health platform Wondermind and is an investor in food delivery startup Gopuff. She also funnels substantial earnings through endorsement deals, with a reported $30 million from Puma and $10 million from Coach.

Selena Gomez Net Worth Milestones

Selena Gomez is a multi-hyphenate star with a successful acting and music career. The Spring Breakers actress has also leveraged her huge social media following to earn lucrative endorsement deals with brands like Louis Vuitton, Puma, and Coach. Her makeup brand Rare Beauty is another massively profitable venture. In 2024, she owns a stake worth $1 billion in the company, which has generated at least $100 million in revenue.

Selena made her acting debut on Barney and Friends as a child actor and rose to fame five years later when she starred in Disney’s Emmy-winning Wizards of Waverly Place. The series ran for 106 episodes over four seasons, and Gomez earned $30,000 per episode.

In the early stages of her career, Selena also appeared in several films including Spy Kids 3-D and Walker, Texas Ranger. She later achieved major success with her acting work in projects such as Hannah Montana and Princess Protection Program. Her recent television role as Alex Russo on Hulu’s Only Murders in the Building has earned her a reported $6 million per season.

Real Estate

Selena Gomez is not only a singer and actress but also a successful businesswoman with a multi-million dollar makeup brand, Rare Beauty. She also owns a luxurious mansion in Tarzana, California and several other properties around the country.

The vast bulk of Gomez’s net worth is attributed to her beauty brand, with a reported value of $1 billion. Her other ventures include a mental health media platform called Wondermind and a collaboration with the Step Up Foundation, which gives scholarships to high school students. Her social media popularity has helped her rake in massive endorsement deals such as $30 million with Puma and $10 apiece from Coach.

The rest of her wealth comes from touring (which she hasn’t done since 2016), album sales, acting gigs and streaming royalties. In addition, she is an investor in a variety of tech companies and owns real estate in the Los Angeles area. Selena Gomez is one of the youngest women to be a billionaire, and she has become a role model for many young girls around the world.

How much is Rare Beauty worth?

Selena Gomez has been building her wealth through multiple ventures, including a cosmetics company named Rare Beauty. The brand generated an unconfirmed amount of revenue in 2022, but is expected to become a billion-dollar company by 2024. Additionally, Gomez is an investor in Serendipity Ice Cream, a food startup that generates $10 million annually, and co-founder of Wondermind, a mental health platform valued at $100 million.

Gomez also earns millions through endorsement deals with brands like Puma, Louis Vuitton, and Coach. Her social media following is another source of income, as she makes around $2.5 million for each sponsored post on Instagram.

Unlike her peers, who achieved billionaire status primarily through music and touring, Gomez’s diverse portfolio has allowed her to achieve such an esteemed title for the first time. The “Wizards of Waverly Place” actress continues to thrive in the entertainment industry, and her new TV show has already landed her a spot on Bloomberg’s Billionaires Index alongside bestie Taylor Swift for the first time. For more information about the financial success of other entertainers, check out Steve Treviño’s net worth to learn about his career and achievements.

Conclusion

Selena Gomez’s rise to billionaire status is a testament to her multifaceted career as an actress, singer, and businesswoman. From her early days on Disney Channel to her role as Alex Russo in Wizards of Waverly Place to her successful makeup brand Rare Beauty, Gomez has built a massive empire.

According to Bloomberg, the vast majority of Gomez’s fortune stems from her stake in Rare Beauty. The publication estimates that the cosmetics company is worth more than $2 billion. The company’s rapid growth has made it one of the world’s fastest-growing cosmetics brands.

In addition to her stake in Rare Beauty, Gomez earns a large sum from her acting and endorsement deals. The former child star has starred in hit movies such as A Rainy Day in New York and Spring Breakers. She is also a co-founder of a mental health app called Wondermind and has signed several high-profile endorsement deals, including Puma and Louis Vuitton. Gomez also owns a number of real estate properties, which helps to diversify her income.

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