Selena Gomez reaches billionaire status, primarily from her $400M beauty brand, Rare Beauty.

Selena Gomez has achieved billionaire status, with her net worth reaching $1.3 billion, largely due to her successful beauty brand, Rare Beauty. The brand has seen significant growth, generating $400 million in sales over a year, with a standout product being a $23 liquid blush that alone made $70 million. Gomez's wealth also stems from her entertainment career, brand partnerships, and investments, positioning her among young self-made billionaires like Taylor Swift.

September 06, 2024
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