According to Bloomberg, singer, actor, and businesswoman Selena Gomez became a billionaire on September 6 after being included in its billionaire index.
Gomez, 32, rose to fame as a Disney Channel star, acting in popular shows such as Wizards of Waverly Place and movies including Princess Protection Program. She built her music career with hit songs throughout the 2010s, leading to her U.S. number one track “Lose You to Love Me” in 2020. Still, her music and acting efforts only account for a fraction of her wealth, with the Bloomberg report showing that music tours contributed to less than 5% of Gomez’s fortune, with album and record sales delivering less than 2%.
With her Golden Globe-nominated performance in the comedy-drama Only Murders in the Building, in which she co-stars with comic icons Steve Martin and Martin Short, Gomez has solidified her longstanding career in the entertainment world. Along with Martin and Short, Gomez is also an executive producer of the program. According to reports, she earned “at least” $6 million every season for her role in the popular Hulu series, which was just extended for a fifth season.
How much is Selena Gomez worth?
As of September 2024, Selena Gomez’s net worth is estimated at $1.3 billion, according to Bloomberg. A significant portion of her wealth comes from her cosmetics brand, Rare Beauty, which has been valued at around $2 billion, with Gomez reportedly holding a 51% stake. Additionally, her earnings from Only Murders in the Building, music career, and brand partnerships contribute to her billionaire status.
Is Selena Gomez a billionaire?
She certainly is! In September 2024, Selena Gomez was included in Bloomberg’s list of billionaires. She joins the select group, which also includes Rihanna and Taylor Swift.
How wealthy is Selena Gomez?
Selena Gomez is one of the youngest self-made billionaires, with an estimated net worth of $1.3 billion as of September 2024. Her wealth primarily comes from her Rare Beauty cosmetics brand, which is valued at $2 billion, as well as her acting, music career, and brand endorsements. She reportedly earns at least $6 million per season from her role in Only Murders in the Building and has lucrative deals with brands like Puma and Coach.
Who is richer, Justin Bieber or Selena Gomez?
As of 2025, Selena Gomez’s net worth is estimated at $1.3 billion, while Justin Bieber’s net worth is approximately $300 million. Therefore, Selena Gomez is currently wealthier than Justin Bieber.
Key Takeaways: Selena Gomez’s Net Worth
- Net Worth: As of 2024, Selena Gomez is worth $1.3 billion, making her one of the youngest self-made billionaires.
- Main Source of Wealth: Her cosmetics brand, Rare Beauty, is valued at $2 billion, with Gomez reportedly owning 51% of the company.
- Entertainment Income: She has a lucrative singing career and makes at least $6 million a season from Only Murders in the Building.
- Brand Endorsements: She has increased her wealth by working with well-known companies like Serendipity Ice Cream, Coach, and Puma.
- Richer Than Justin Bieber: Selena Gomez has a net worth of $1.3 billion, which is more than Justin Bieber’s projected $300 million.
