Selena Gomez has recently been named a billionaire, but she remains humble about her new status. The Bloomberg Billionaires Index reported that her net worth is approximately $1.3 billion, mainly due to her successful beauty brand, Rare Beauty. She shared her feelings about this achievement during a red carpet event for her new film, Emilia Pérez, at the New York Film Festival.
Selena Gomez Becomes Billionaire
When Entertainment Tonight asked Selena for a statement, she said she was very grateful and that she loathes discussing issues related to money. She stated that she owed her success to the fans and her customers before thanking them and stating, “They’re the ones that made this dream come true.”
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The 26-year-old Singer is now part of the elite list of young, female billionaires in America who have made their fortunes on their own. Her earnings stem from her endorsements, touring, her mental health startup known as Wondermind, album sales, acting, streaming, and now real estate.
Selena’s own makeup line called Rare Beauty has become successful all over the world. She has said before that her motivation is not about the money, but about making good products. In an interview before, she said she has this thing in her head that the moment she focuses on the numbers, she loses what Rare Beauty Rare Beauty is.
With Selena achieving financial success, she has become part of the other billionaires in the Hollywood industry similar to Taylor Swift, who was recently acknowledged to be a billionaire because of her music sales and investments on real estate property.
Besides her business accomplishments, Selena is getting a lot of attention for her performance in the movie Emilia Pérez which was presented at Cannes. The film received a Jury Award for Best Actress which went to the four best leading ladies including Selena. Emilia Pérez streaming will commence on November 13th on Netflix.
