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Bloomberg Television

Selena Gomez is now a billionaire 🤩

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Selena Gomez is ready and she’s getting it paid that is the pop star is not slowing down and just became a billionaire thanks to her beauty brand rare Beauty who says you ask well according to our Billionaire’s index she is worth $1.3 billion with the majority of her weals tied to the makeup line roughly $1.1 billion of her Fortune comes from her stake in line which she has kept largely independent Gomez started rare Beauty 5 years ago and it has taken her to a sweeter Place becoming a hit with influencers and cosmetic obsessed teams to tell you something you don’t know the Bloomberg analysis assumes she holds a 51% majority interest based on her founding role in the company and when the brand launched in 2020 it was marketed as moderately priced naturally her more than 400 million followers on social media helped create bus for the products like its bestselling blush and while it may be the same old love it’s definitely a different and bigger check rare’s annual revenue reached 300 $50 million last year Gomez is 32 years old and Rose to a Fame as a performer on the Disney Channel what’s kind of crazy is that while her music has made her particularly popular it’s a relatively small source of her wealth unlike her besti Taylor Swift she isn’t known as a sound writer and is paid mostly for performance royalties so if you look at her now you’ll definitely see a billionaire

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