Selena Gomez's net worth is estimated to be $1.3 billion in 2024.
Her impressive wealth is primarily attributed to the success of her cosmetics company, Rare Beauty. Bloomberg estimates that Rare Beauty contributes approximately $1.1 billion to her net worth, representing about 81% of the total, based on Gomez's estimated 51% stake in the company. This valuation reflects the brand's significant market presence and financial performance.
In addition to her stake in Rare Beauty, Selena Gomez's net worth is comprised of:
- Earnings from acting roles in television shows and movies.
- Music sales and royalties from her successful singing career.
- Various endorsement deals with major brands.
- Real estate and other investments.
Rare Beauty's substantial contribution underscores Selena Gomez's entrepreneurial success in addition to her achievements as an entertainer. The brand's popularity and financial performance have significantly boosted her overall financial standing.
