Selena Gomez has officially reached billionaire status, with an estimated net worth of $1.3 billion. Much of her wealth comes from the success of her makeup and cosmetics brand Rare Beauty, as well as her acting career and music ventures. Gomez, 32, has recently appeared in the Hulu series “Only Murders in the Building” and will star in the musical drama “Emilia Perez” set to be released in theaters and on Netflix. She has also released new singles and teased a new album, maintaining her presence on the Billboard Hot 100 charts. Additionally, Gomez’s social media influence, mental health brand, and personal brand deals have contributed to her wealth. The Bloomberg report calculated her net worth based on various factors, including her stakes in businesses, music sales, streaming deals, brand partnerships, and acting earnings. Gomez is set to executive produce and star in the upcoming Disney+ reboot of the Disney Channel series “Wizards of Waverly Place,” now called “Wizards Beyond Waverly Place.” The sequel series will premiere on Oct. 29.
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