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Selena Gomez reaches billionaire status with $1.3 billion net worth

2024-09-07 19:00:02

(CNN) – Selena Gomez can now add becoming a billionaire to her long list of achievements.

According to Bloomberg, Gomez’s net worth is now $1.3 billion.

That makes the 32-year-old actress, singer, investor, and entrepreneur one of the youngest self-made billionaires in the country.

Some of Gomez’s wealth comes from singing, brand partnerships, and acting — but the vast majority is tied to Rare Beauty — her makeup line that is popular with influencers and teens.

Her popularity on Instagram makes her the third most followed person.

She has a whopping 424 million followers — which helps her rake in multi-million-dollar endorsements with brands like Puma and Coach.

Other revenue streams for the former child star include her Hulu show “Only Murders in the Building” — which was just renewed for a fifth season.

Gomez earns a reported $6 million per season.

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