Selena Gomez has just become the most recent addition to the celebrity billionaire club.
Since the start of her acting career (at age 5 by the way), Gomez has made incredibly strategic moves to ensure her financial legacy…
Here’s how Selena Gomez crossed the billionaire threshold…
How Selena Gomez Became A Billionaire
At the time of writing, Bloomberg reports Selena Gomez’s net worth as being a staggering $1.3 billion.
But Selena Gomez’s road to billionaire status did not happen overnight.
IT WAS THE RESULT OF A LOT OF SMART DECISIONS AND BIG AND LITTLE WINS ALIKE.
The main contributor to Selena Gomez’s net worth and official billionaire status is her makeup brand, Rare Beauty.
Rare Beauty is a vegan and cruelty-free makeup brand that has taken the industry by storm. It made its debut in 2020 and quickly gained a following, not just because it was founded by Gomez…
BUT BECAUSE IT PROVIDED OUTSTANDING PRODUCTS.
In fact, the company became its own entity and its success was gained outside of Gomez’s popularity.
Rare Beauty has a cult following and multiple products on the Sephora best-seller list. The company is valued at 2 billion dollars…
And with the founder owning 51% of the company it makes sense that the success of the brand is what stuck the label of billionaire on Selena Gomez.
Outside of her makeup, Gomez’s prolific performance career also greatly contributed to her net worth.
From her first role on “Barney and Friends” in 2002 to her breakout role on Disney Channel’s “Wizards Of Waverly Place…”
GOMEZ IS NO STRANGER TO THE SCREEN.
In fact, her most recent role, in Hulu’s “Only Murders In The Building” landed her an Emmy nomination for best actress.
Along with acting, Selena Gomez’s billionaire status was achieved thanks to her production credits and her music career.
When her Revival Tour was completed in 2016, she made more than $30 million in ticket sales alone. Her best-selling single “Love You Like a Love Song” peaked at No.1 on the Hot 100 Chart.
What’s Next
Beyond all of her groundbreaking accomplishments, one other investment put Selena Gomez firmly in the billionaire club…
And that’s her Real Estate Investments.
Real estate is a fantastic tool for building wealth, especially for women…
BUT SELENA GOMEZ HAS REALLY MADE IT WORK.
Having sold multiple homes worth millions of dollars, it’s clear that she knows what she’s doing…
Gomez’s ability to stay focused and make smart investments by playing to her strengths makes it almost certain that her wealth will just keep growing.
Be Great,
GCTV Staff
Disclaimer: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.
