Selena Gomez Is Included In The Billionaire Celebrity List
JAKARTA - Actress and singer Selena Gomez, 32, has amassed a fortune of $1.3 billion. The data states that Bloomberg has added the celebrity to its billionaire index on Friday.
The wealth is said to have come from Selena's Rare Beauty makeup company, which she founded five years ago. Now the company has shares worth more than $1 billion.
The brand's success has made it one of the "youngest women to start her own business" on the list, along with people like Taylor Swift and Rihanna.
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Rare Beauty, known as a liquid-ringed perona product and lip dye that has gone viral on social media, reportedly resulted in net sales of $400 million in 12 months to February.
Gomez has also made tens of millions of dollars in support deals with people like Louis Vuitton, Coach, and Puma. It said he also brought home "at least" $6 million per season for his Emmy-nominated role in the Hulu hit series "Only Murders in the Building", which was recently updated for season five.