When we think of global icons, few names resonate like Selena Gomez.
Known for her multifaceted career as a singer, actress, and entrepreneur, Selena has captivated audiences worldwide. But beyond the stage and screen, she has built an impressive financial empire.
From her role in establishing Rare Beauty to her domination of the entertainment industry, her success story is one of resilience and smart financial moves.
Let’s dive into how Selena Gomez net worth.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Selena Marie Gomez |
| Popular Name | Selena Gomez |
| Gender | Female |
| Birth Date | July 22, 1992 |
| Age | 32 (as of 2024) |
| Parents | Ricardo Joel Gomez, Mandy Teefey |
| Siblings | Gracie Elliot Teefey, Victoria Gomez, Marcus Gomez |
| Birthplace | Grand Prairie, Texas, USA |
| Nationality | American |
| Ethnicity | Mexican-Italian |
| Education | High school diploma via homeschooling |
| Marital Status | Not married |
| Spouse | N/A |
| Children | N/A |
| Dating | Benny Blanco (as of December 2023) |
| Net Worth | $1 billion (2024) |
| Source of Wealth | Music, Acting, Rare Beauty, Endorsements |
| Height | 5 ft 5 in (165 cm) |
What Is the Net Worth of Selena Gomez in 2024?
As of 2024, Selena Gomez’s net worth is estimated at $1 billion, bolstered significantly by her ownership of Rare Beauty. This valuation positions her as one of the wealthiest celebrities globally.
Compared to peers like Taylor Swift and Rihanna, Selena’s strategic business ventures and entertainment success stand out.
Other related figures with substantial net worths include:
- Taylor Swift
- Rihanna
- Justin Bieber
- The Weeknd
- Miley Cyrus
- Ariana Grande
- Demi Lovato
- Kylie Jenner
- Zendaya
Explore how others achieved financial success in our feature on notable stars remarkable wealth.
Selena Gomez Wealth, Salary and Finance Overview
Revenue from Rare Beauty
Rare Beauty is the crown jewel of Selena Gomez‘s financial portfolio.
Launched in 2020, the brand generated $350 million in revenue in 2023 alone, and it is valued at approximately $2 billion. Selena holds a 51% stake, making this a major contributor to her net worth.
The company’s emphasis on accessibility and inclusivity resonates with a broad audience, fueling its rapid growth.
Earnings from Music Career
Selena’s music career has been a consistent income source. As part of Selena Gomez & the Scene, she released three successful albums, followed by solo projects like Stars Dance, Revival, and Rare.
Songs like “Lose You to Love Me” and “Come & Get It” have been chart-toppers, earning millions in royalties.
Acting Income and Successful TV Roles
Selena’s career began with Disney Channel’s Wizards of Waverly Place, where she earned $30,000 per episode. This was followed by roles in films such as Monte Carlo and Spring Breakers.
Her starring role in Hulu’s Only Murders in the Building has earned her critical acclaim and lucrative earnings.
Partnerships and Endorsements
Selena’s endorsement deals are a cornerstone of her financial success. Notably, she inked a $30 million deal with Puma and a $10 million collaboration with Coach.
These partnerships solidified her as a global brand ambassador, elevating her financial profile.
Real Estate Investments
Selena’s real estate portfolio reflects her financial acumen. In 2020, she purchased an 11,500 sq. ft. home in Encino, California, for $4.9 million.
Over the years, she has owned properties in Texas and California, often selling them for significant profits.
Philanthropy and Advocacy
Selena’s financial success extends beyond personal wealth. Through Rare Impact Fund, she has donated over $5 million to mental health initiatives.
As a UNICEF Goodwill Ambassador, she leverages her platform to advocate for underprivileged communities worldwide.
FAQs About Selena Gomez
What is Selena Gomez’s primary source of income?
Selena’s primary income sources are her music career, acting roles, and Rare Beauty.
How did she start her career?
She began her career as a child actor on Barney & Friends and gained fame on Disney Channel’s Wizards of Waverly Place.
Who are Selena Gomez’s biggest collaborators?
Selena has worked with stars like Taylor Swift, Justin Bieber, and Marshmello.
How does she support philanthropy?
She actively contributes to mental health causes through Rare Impact Fund and supports UNICEF initiatives globally.
What awards has Selena Gomez won?
Selena’s accolades include American Music Awards, Billboard Music Awards, and 16 Guinness World Records.
How many followers does she have on Instagram?
As of 2024, she has over 420 million followers, making her one of the platform’s most-followed users.
What are her future projects?
Upcoming projects include her series Only Murders in the Building and new music releases.
Conclusion
Selena Gomez’s journey from Disney star to billionaire entrepreneur is nothing short of inspiring.
With ventures spanning music, acting, and beauty, she continues to break barriers. Share your thoughts or explore more insights at worldofceos.com.
