Yes, according to recent reports citing the Bloomberg Billionaires Index, Selena Gomez's net worth is significantly over $1 billion.
As reported, Gomez's net worth has reached $1.3 billion, placing her on the Bloomberg Billionaires Index. At the age of 32, she is noted as one of the youngest individuals to join this distinguished group.
Key Contributions to Her Wealth
A substantial portion of Selena Gomez's fortune is attributed to the success of her business ventures. The primary driver is her cosmetics company:
- Rare Beauty Brands Inc.
Founded just five years ago, Rare Beauty has quickly grown into a major contributor to her overall wealth. While she has a successful career in acting, music, and production, a large share of her current net worth stems from the valuation and performance of her cosmetics company.
Net Worth Status
Comparing her reported net worth to the $1 billion mark:
| Financial Benchmark | Value | Status vs. $1 Billion |
|---|---|---|
| Selena Gomez's Net Worth | $1.3 Billion | Exceeds |
| Target Question Value | $1 Billion | - |
Based directly on the information available, her reported net worth stands at $1.3 billion, confirming she is worth more than $1 billion.
