Entertainment

Singer Selena Gomez becomes a billionaire

Selena Gomez has officially entered the exclusive club of female self-made billionaires, with her net worth soaring to an impressive $1.3 billion, according to Bloomberg.

 

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The 32-year-old superstar’s wealth is largely attributed to her booming beauty brand, Rare Beauty, which has taken the cosmetics industry by storm since its launch just five years ago.

 

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Rare Beauty has become a favorite among influencers and teens, thanks in large part to Selena’s massive influence on social media, with her Instagram following now at a staggering 424 million.

 

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In addition to her success with Rare Beauty, Selena has diversified her fortune with a variety of brand partnerships, her mental health start-up Wondermind, and her acting career, including her Emmy-nominated role in Only Murders In The Building. Selena’s rise to fame began during her time as a Disney child star, and she has since built a multifaceted empire.

 

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Selena now joins the ranks of a select few women in the self-made billionaire club, including her friend and fellow powerhouse, Taylor Swift.

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