Selena Gomez Emerges as One of America’s Youngest Female Self-Made Billionaires
Selena Gomez's Rise to Billionaire Status
Selena Gomez has officially joined the exclusive club of self-made billionaires in the USA. With an estimated fortune of $1.3 billion, attributed to the success of her beauty brand, Rare Beauty, the 32-year-old superstar has made headlines. This remarkable achievement has placed her on Bloomberg's Billionaires Index for the first time.
Impact of Rare Beauty on Celebrity Wealth
- Launched just five years ago, Rare Beauty has rapidly become a significant player in the cosmetics market.
- Gomez’s influence on social media, with over 424 million Instagram followers, significantly boosts her brand's visibility.
Gomez, who began her career as a child star on Disney, is not just focused on her cosmetics line. She is also involved in a revival of her popular series, with plans to appear as well as produce. The Los Angeles Times reports that she expresses deep emotional ties to the project, saying: 'It’s an honor, and I can hardly wait to share the new version of the series.'
Diverse Ventures and Contributions
- In addition to Rare Beauty, Selena Gomez has a mental health startup called Wondermind.
- She has achieved critical acclaim as an actress, particularly for her Emmy-nominated role in the series Only Murders in the Building.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.