American singer, actress, and businesswoman Selena Gomez has officially become a billionaire – this year her net worth exceeded $1.3 billion, Bloomberg reports.
The assessment of Gomez’s financial position took into account the value of her sold music albums and real estate, income from agreements with streaming services, partnerships with brands, concert ticket sales, and acting.
However, it turned out that the 32-year-old celebrity made a huge fortune thanks to her beauty business, the cosmetics brand Rare Beauty Brands Inc.
This company has achieved incredible success in just five years since its inception. Now Gomez is considered one of the youngest American women with a billion-dollar fortune.
Selena has even pushed aside her friend Taylor Swift, who earned her first billion dollars last year thanks to The Eras tour.
