Selena Gomez Net Worth: Inside the Pop Star’s Massive Fortune
Selena Gomez has come a long way from her days as a Disney Channel star. Selena Gomez net worth of $800 million (INR 6685 Cr), she’s now one of the richest celebrities in Hollywood. From lucrative business ventures to endorsement deals with major brands, Gomez has built an empire over the years. She owes her fortune to smart investments, a massive social media following, and a successful career in music and acting. Her life may seem glamorous, but it didn’t come easy. Let’s take a look at how she built her wealth and the keys to her success. With multiple streams of income, Selena Gomez is truly a mogul in the making. Her financial achievements are an inspiration, proving hard work and passion can take you far.
Selena Gomez Net Worth – Early Life and Beginning of Career
Selena Gomez began her career as a child actress, landing her first role on Barney & Friends at just age 9. Growing up in Texas, little Selena always dreamed of being a star. Her big break came when she was cast as Gianna in the popular kids’ show Barney & Friends. For two seasons, she acted alongside the big purple dinosaur, gaining valuable experience in front of the camera.
At age 15, Selena’s career catapulted to new heights when she was cast as Alex Russo in the Disney Channel’s Wizards of Waverly Place. As the star of her own show, Selena’s fame skyrocketed. The series ran for four seasons and 100 episodes, cementing Selena as a Disney darling. During this time, she also launched a music career, releasing three hit albums with her band Selena Gomez & the Scene.
By age 18, Selena was ready to strike out on her own as a solo artist. She parted ways with her band and signed a new record deal with Interscope Records. Her debut solo album Stars Dance was a huge success, reaching number one on the Billboard 200. Selena’s music incorporates a range of styles including pop, dance, R&B, and EDM. She has released six studio albums so far in her career, with many hit singles like “Come & Get It,” “Good for You,” and “Same Old Love.”
Selena Gomez started young and worked hard to build an empire. From her days on Barney to her reign as a Disney star to her current status as a chart-topping singer and actress, Selena has come a long way. Her early successes paved the way for her to become the multi-talented superstar she is today, with a net worth of $800 million and counting. Her story just goes to show that with determination and the right opportunities, big dreams really can come true.
Selena Gomez Music Ventures
If you’re a Selenator, you know Selena Gomez’s music career began in 2007 as the lead singer of Selena Gomez & the Scene. The pop band released three studio albums before going on hiatus in 2012. Since then, Selena has focused on her solo music career, releasing six studio albums to date including her 2020 record Rare which debuted at number one on the Billboard 200 chart.
Record Label
In 2015, Selena signed with Interscope Records, a major label that’s home to artists like Billie Eilish, Lady Gaga, and Lana Del Rey. Under Interscope, Selena has released her last three albums: Revival (2015), 13 Reasons Why: Season 2 Soundtrack (2018), and Rare (2020).
Production Company
Not only does Selena perform music, but she is also involved behind the scenes. In 2008, at just 15 years old, Selena founded July Moon Productions, her own production company. Through July Moon, Selena has executive produced shows like 13 Reasons Why and Living Undocumented in addition to some of her own music videos.
Refusing to Use Spotify
In 2020, Selena made headlines when she refused to release her single “Rare” on Spotify immediately. She wanted to drive fans to stream the song on other platforms first to make a statement about how little artists earn from Spotify streams. The move was praised by many in the music industry advocating for fair pay for artists. After a few days, Selena did release the song on Spotify as well to please her fans on that platform.
Though still a young artist, Selena Gomez has already built an impressive music career through recording with a major label, founding her own production company, and using her platform to advocate for change. Her passion for music and dedication to her fans will surely lead to many more hits, records, and accolades to come. Also Read: Kevin Hart Net Worth.
Rare Beauty & Other Entrepreneurial Ventures
Rare Beauty
In 2020, Selena launched Rare Beauty, her own makeup line. The brand promotes self-love and mental health advocacy, donating 1% of all sales to the Rare Impact Fund. Rare Beauty skyrocketed to success, bringing in over $100 million in revenue in 2022 alone. Talk about using your platform for good! Between the booming cosmetics brand and her other business ventures, it’s no wonder Selena’s net worth is in the hundreds of millions.
Production Company
In 2016, Selena co-founded July Moon Productions, a production company that develops film and TV projects. Their first project was the Netflix series 13 Reasons Why, which Selena also executive produced. Running a production company allows Selena to support causes and stories she cares about. Her entrepreneurial spirit and passion for mental health advocacy shine through in her work.
Other Investments
Selena has made several other smart investments over the years. She was an early investor in delivery apps Postmates and Serena Williams’sSerena Ventures. She also has endorsement deals with major brands like Coke, Puma, and Coach. While Selena chooses her business partnerships carefully, focusing on brands that align with her values, these deals contribute significantly to her accumulating wealth.
Between her booming cosmetics line, production company, brand deals, and investments, Selena has built an entrepreneurial empire. While her net worth is staggering, Selena’s business success shows young people, especially young women, what can be achieved by following your passions and using your voice for good. Selena is a role model for mental health advocacy and female empowerment. Her entrepreneurial spirit is inspiring, and with Rare Beauty and her other ventures, she’ll continue impacting lives for years to come.
Selena’s Real Estate Ventures
Selena Gomez knows how to invest her millions wisely. A large chunk of her fortune has gone into real estate, with lavish homes across Southern California.
$3.69 Million Mediterranean Mansion
In 2015, Selena paid $3.69 million for a Mediterranean-style mansion in Calabasas, an affluent suburb of Los Angeles. The 7,765 square foot home features six bedrooms and eight bathrooms, as well as a movie theater, wine cellar, and infinity pool overlooking the Santa Monica Mountains. This property is now estimated to be worth over $5 million.
$4.9 Million Encino Estate
Looking for more space, Selena acquired a stately mansion in Encino, Los Angeles in 2020 for $4.9 million. The property includes a main house and two separate guest apartments, with a total of nine bedrooms and eleven bathrooms across 10,000 square feet. The home is situated on over an acre of land and also includes a pool, spa, and tennis court.
Investment Property Portfolio
In addition to her two lavish homes, Selena owns several investment properties in Los Angeles and Texas that generate rental income and continue to appreciate substantially in value over time. Her real estate portfolio is estimated to be worth over $15 million in total.
At just 28 years old, Selena has amassed an impressive property empire that provides both a comfortable living space for her family and friends as well as ongoing financial returns. Her ability to leverage her success and wealth through strategic real estate investments is a model that many young celebrities would do well to emulate. With her ventures in music, film, television, and business still going strong, Selena’s real estate holdings are likely to only continue expanding in the years to come. Also Read: Dennis Rodman Net Worth.
Selena’s Personal Life and Health
Mental Health Advocacy
Selena has dealt with her own mental health struggles over the years and has become an outspoken advocate for de-stigmatizing mental illness. In April 2020, she disclosed that she had been diagnosed with bipolar disorder and said she was committed to using her platform to raise awareness of mental health issues. She spent three months in a Tennessee treatment center focusing on therapy and recovery. Through it all, Selena has remained committed to reducing the stigma around mental illness and promoting self-love and acceptance.
Relationships and Heartbreak
Selena dated Justin Bieber on and off for years, and their tumultuous relationship was constantly in the media spotlight. Though the pair broke up for good in 2018, Selena has said that her first love will always have a special place in her heart. However, she seems to now be focused on herself and her work. There were rumors of a possible romance with Niall Horan in late 2020, but Selena’s reps denied she was in a relationship. For now, it looks like her top priority remains her music, acting, and philanthropic work.
Health Struggles
In addition to her mental health journey, Selena has faced physical health issues as well. In 2017, she revealed she had received a kidney transplant due to complications from lupus, an autoimmune disease she was diagnosed with at a young age. Her good friend Francia Raisa donated a kidney to save Selena’s life. Though lupus is incurable, Selena’s symptoms have been in remission since the transplant. She has used her experience to raise awareness of both organ donation and lupus.
Through the ups and downs, Selena has shown immense courage, grace and resilience. Her commitment to advocating for important causes like mental health, organ donation and lupus research demonstrates what a role model she is for young people around the world. While her massive success and fame could easily go to someone’s head, Selena has remained remarkably grounded and focused on using her platform to help others.
Selena Gomez Net Worth – FAQs
So you want to know more about Selena Gomez’s massive fortune? You’ve come to the right place. Here are some of the most frequently asked questions about the pop star’s net worth.
How did Selena Gomez make her money?
Selena earned much of her wealth through her music career. She started out as a Disney Channel star, landing her big break on Wizards of Waverly Place. From there, she launched a successful music career, releasing hit singles like “Come & Get It,” “Good for You,” and “Same Old Love.” Her albums have sold over 7 million copies in the US alone.
How much money does Selena Gomez make from Instagram?
With over 420 million followers, Selena is the third most-followed person on Instagram. She can make between $800,000 to $1 million for a single sponsored Instagram post. Companies are willing to shell out big bucks to get in front of her massive, engaged following. No wonder her Instagram earnings make up a huge portion of her $800 million net worth.
What businesses does Selena Gomez own?
In addition to her entertainment empire, Selena has her hands in various business ventures. She founded Rare Beauty, a vegan and cruelty-free cosmetics line. She also co-founded Serendipity 3’s new line of frozen chocolate churned ice cream called Serendipity. The line features flavors like Rocky Road and Forbidden Chocolate. These entrepreneurial pursuits add to Selena’s diverse income streams.
Does Selena Gomez own any real estate properties?
Yes, Selena owns several lavish properties. She purchased a five-bedroom, seven-bathroom mansion in Studio City, California for $4.9 million in 2020. She also owns a Mediterranean-style villa in Encino, California that she bought for $3 million. In addition, Selena owns a home in Fort Worth, Texas where her family is from. Her real estate portfolio contributes significantly to her massive wealth and net worth.
Between her entertainment career, social media earnings, business ventures, and real estate holdings, Selena Gomez has built an empire and amassed an incredible fortune at a young age. Her $800 million net worth is well-deserved and continues to climb each year. There’s no denying this former Disney star is a force to be reckoned with. Also Read: Robert Downey Jr Net Worth.
Is Selena Gomez richer than Taylor Swift?
Selena Gomez’s impressive net worth
With a net worth of over $800 million, Selena Gomez has amassed quite a fortune for someone still in their 20s. A large chunk of this comes from her successful music career, releasing six studio albums and over 60 singles that have sold millions of copies worldwide. Her revival tour in 2016 grossed over $35 million in ticket sales. Like any savvy pop star, Selena has also signed lucrative endorsement deals with brands like Coach, Puma, and more recently, Rare Beauty.
Business ventures and investing
Selena is also an entrepreneur and investor in her own right. She co-founded the production company July Moon Productions, and is an owner and investor in the vegan ice cream brand Serendipity. Her makeup line Rare Beauty, launched in 2020, is already projected to bring in over $100 million in revenue within its first year. With stakes in various companies and business ventures, Selena’s income extends far beyond just her music.
Comparisons to Taylor Swift
While Selena Gomez has built up an impressive fortune, she still has a way to go to reach Taylor Swift’s level of wealth. Taylor’s net worth is currently estimated at $1.1 billion, over $300 million more than Selena. Some reasons for the difference:
- Taylor has been in the music industry longer, releasing her first album in 2006 compared to Selena releasing her debut in 2013. More time to build up sales, royalties, and revenue.
- Taylor Swift’s tours generate significantly more money. Her Reputation Stadium Tour in 2018 grossed over $345 million, compared to $35 million for Selena’s Revival Tour.
- Taylor owns all her master recordings, while Selena’s are owned by her record label. This gives Taylor more control and a larger share of the profits.
- Taylor has signed more lucrative endorsement deals, with companies like AT&T, Verizon, and Coca-Cola. Though Selena’s deals are still worth millions, Taylor’s generate more.
So while Selena Gomez has definitely achieved massive success and financial security, she still has some catching up to do if she wants to reach the same level of wealth as her friend and fellow pop star Taylor Swift. But at the rate Selena’s career and businesses are growing, she seems well on her way.
Is Selena Gomez a billionaire?
With an estimated net worth of $800 million, Selena Gomez is well on her way to billionaire status. At just 30 years old, Selena has built an entertainment empire through her successful music and acting careers, as well as various business ventures.
Selena’s music career took off as a teenager and she has since released three studio albums with her band Selena Gomez & The Scene. Her hit songs like “Come & Get It,” “Good for You,” and “Lose You to Love Me” have garnered millions of streams and views on music platforms. Between music sales, touring, and brand deals, Selena’s music career contributes significantly to her massive fortune.
Acting is another major source of Selena’s wealth. She got her start on the Disney Channel show Wizards of Waverly Place, which aired from 2007 to 2012. Selena has also starred in movies like Another Cinderella Story, Ramona and Beezus, and the Hotel Transylvania films. Her acting work, especially her long-running role on Wizards of Waverly Place, earned her millions over the years.
Beyond entertainment, Selena has built a business empire through various ventures. She founded the Rare Beauty makeup line in 2020, which is now valued at over $1 billion. Selena also invested in the food delivery service Serendipity Brands, owns an ice cream brand called Serendipity Ice Cream, and co-founded the mental health platform Wondermind. The success of these business ventures and the potential sale of Rare Beauty could make Selena Gomez a billionaire in the coming years.
While Selena Gomez isn’t quite a billionaire yet, with her entertainment career still going strong and multiple successful business ventures, she is well positioned to join the billionaire club in the near future. Selena’s impressive success and growing fortune at such a young age demonstrate her business savvy and staying power in Hollywood. If she continues at this pace, Selena Gomez will likely become a billionaire within the next few years.
How much is Rare Beauty worth?
Rare Beauty, Selena Gomez’s makeup company, is valued at a whopping $2 billion, making it one of the “most sought-after M&A targets for 2024.” Rare Beauty generated over $400 million in net sales in just 12 months. Despite its high valuation, Selena Gomez has denied rumors of selling Rare Beauty.
When Rare Beauty launched in 2020, it quickly became a fan favorite. Products like the Soft Pinch Liquid Blush and Positive Light Liquid Luminizer won over makeup lovers and beauty influencers alike. The brand’s message of inclusivity and self-love also resonated deeply with fans.
Rare Beauty’s success demonstrates the power of Selena Gomez’s influence and social media following. With over 420 million followers on Instagram alone, Selena Gomez has major reach. When she promotes Rare Beauty on her social media platforms, sales skyrocket. The hype around new product launches shows no signs of slowing down.
While Rare Beauty is currently only available in the U.S., Canada, and parts of Europe, expansion into other global markets could significantly increase the brand’s value. International growth, combined with new product releases and collaborations, points to Rare Beauty becoming even more valuable over time.
Rare Beauty’s success is a testament to the hard work of Selena Gomez and her team. By focusing on inclusivity, high-quality products, and empowering messages, Rare Beauty has built a makeup brand that resonates deeply with fans. Although Selena Gomez has no plans to sell Rare Beauty currently, its $2 billion valuation proves it is an extremely valuable asset. The sky is the limit for this popular makeup company.
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Who is the billionaire in Rare Beauty?
Rare Beauty, Selena Gomez’s makeup company, is making major waves in the beauty industry. The brand launched in 2020 and is already worth an estimated $2 billion, making Selena Gomez a very wealthy woman.
As the founder and part owner of Rare Beauty, Selena Gomez holds a sizeable stake in the company. Exactly how much she owns is not public knowledge, but estimates put her share in the range of 15-20%. At a $2 billion valuation, that would mean Selena’s portion of Rare Beauty is worth $300-400 million. Not bad for a company less than 2 years old!
Selena Gomez came up with the idea for Rare Beauty to promote self-acceptance and empowerment. The brand’s motto is “being rare is about being comfortable with yourself”. All of the products are vegan, cruelty-free, and made to highlight your natural features.
The massive success of Rare Beauty has caught the attention of major beauty conglomerates like Estée Lauder and Shiseido. They have reportedly offered to acquire Rare Beauty for $1.2-1.5 billion. If a deal goes through at that price, Selena Gomez would walk away with $180-300 million, instantly catapulting her into an elite group of ultra-wealthy celebrities.
Between her singing career, acting roles, and various business ventures, Selena Gomez has built an empire worth over $800 million. But Rare Beauty may turn out to be her most lucrative project yet. At just 28 years old, Selena Gomez is well on her way to becoming a billionaire and cementing her status as a powerhouse in the entertainment industry. Her inspiring story of overcoming health issues and focusing on self-empowerment serves as an inspiration to young women around the world. With Rare Beauty, she has found the perfect platform to spread that positive message.
Conclusion
Selena Gomez has come a long way from her days on Barney & Friends. Through hard work and smart investments, she’s built an impressive $800 million net worth. With massive social media followings, lucrative business ventures, and high-profile endorsement deals, her empire keeps expanding. We can’t predict the future, but if history is any guide, this pop powerhouse will continue growing her fortune for years to come. Whether you’re a longtime fan or just learning about Selena now, her story offers inspiration. Hard work, passion, and smart money moves let her live the glamorous life she loves while securing her financial future. If she can do it, so can you. Believe in your dreams, invest wisely, and success just may follow.
