Selena Gomez has just joined the Billionaire’s Club, and she’s not just a member—she’s practically the president! As of 2024, this 32-year-old superstar has amassed a staggering $1.3 billion. Yes, billion with a “B,” and no, that’s not a typo.
Selena’s wealth comes from her many ventures, proving she’s basically a Renaissance woman of the modern age. Her acting chops? Solid gold. Her music? Grammy-worthy. Her makeup brand Rare Beauty? It’s more like Rare Fortune, bringing in about $1.1 billion of her total haul. That’s 81% of her riches, thanks to Selena’s impressive 51% stake in the brand. Who knew that making the world’s best highlighter could make you a billionaire?
Remember when Selena was making a cool $3 million for her role on “Wizards of Waverly Place”? Well, she’s now raking in a mind-boggling $6 million per season for “Only Murders in the Building.” But, spoiler alert: acting only makes up a teeny tiny 1.3% of her overall wealth. Guess she’s just casually rolling in cash from other sources.
Speaking of other sources, Selena’s endorsement deals are practically a treasure chest. Puma threw $30 million her way in 2017, and she’s pocketed a crisp $10 from each Coach and Louis Vuitton deal. Talk about designer dollars!
Even though she’s been on a hiatus from touring, her 2016 Revival Tour still makes her bank account sing, contributing nearly 5% to her net worth. And let’s not forget album sales and streaming, which add up to 2.5%—but hey, she could double that if she started penning her own tunes.
Selena also co-founded Wondermind, a company dedicated to mental health tools, which adds 2.6% to her grand total. It’s like she’s not just collecting money; she’s also collecting good karma.
Stacy Jones, the brilliant founder and CEO of Hollywood Branded, summed it up perfectly: Selena’s versatile income streams make her fortune as impressive as her talent. And Carolyn Sloane, a professor at the University of Chicago’s Harris School of Public Policy, gave her two thumbs up for creating a career that’s not entirely dependent on music. In other words, Selena’s got it all—money, fame, and the secret to making it all look effortless.
