Selena Gomez becomes a billionaire due to her beauty brand Rare Beauty and other ventures.

Selena Gomez has reached billionaire status, with a net worth of $1.3 billion, primarily due to her beauty brand, Rare Beauty. The brand generated significant sales, including $70 million from its popular liquid blush. In addition to her beauty venture, Gomez's wealth stems from acting, music, and brand partnerships. She is now among the ranks of young self-made billionaires in the U.S., alongside Taylor Swift.