Selena Gomez is a famous singer, actress, and businesswoman. She began her career as a child star on Disney. Now, she is also known for her successful makeup brand, Rare Beauty.
Selena’s journey to success is truly inspiring. Her diverse talents have helped her become a global star. Many people admire her for her hard work and achievements.
As of 2024, Selena Gomez’s net worth is $800 million. Her income comes from music, acting, and brand endorsements. Her makeup brand also plays a big role in her wealth.
Who is Selena Gomez?
Selena Gomez is a star who wears many hats. Born on July 22, 1992, in Texas, she’s a singer, actress, businesswoman, and more. She started as a child actor and grew into a global icon.
Selena first became famous on the Disney Channel show “Wizards of Waverly Place”. Since then, she’s had hit songs, started a makeup brand, and even produced TV shows. Her varied talents have made her one of the biggest names in pop culture.
Selena Gomez Net Worth – Highlights
As of 2024, Selena Gomez’s net worth is a whopping $800 million. This huge amount comes from her music, acting, brand deals, and business ventures. Her makeup brand, Rare Beauty, has been a big reason for her recent wealth growth.
Selena’s net worth has grown a lot in recent years. In 2022, it was $95 million. Now, just two years later, it’s $800 million. This big jump shows how successful her business moves have been.
What is Selena Gomez Net Worth?
Selena Gomez’s net worth of $800 million in 2024 comes from many sources. Her makeup brand, Rare Beauty, is a big part of this. The brand made $100 million in 2022 and might make $300 million in 2023.
But Selena’s wealth isn’t just from Rare Beauty. Her music, acting, and brand deals also add a lot. For example, her deals with Puma and Coach were worth $30 million and $10 million. She can also make up to $1.8 million for one Instagram post. Below is a breakdown of her earnings and assets:
| Income Source | Details |
| Makeup Brand | Rare Beauty; $100 million revenue in 2022, potentially $300 million in 2023 |
| Music and Acting | Income from album sales, concerts, movies, and TV shows |
| Brand Deals | Puma deal: $30 million; Coach deal: $10 million |
| Social Media | Up to $1.8 million per sponsored Instagram post |
Selena’s ability to diversify her earnings and maintain a strong presence in various industries contributes to her impressive net worth.
Selena Gomez Acting Career
Selena started acting when she was very young. She was on “Barney & Friends” at age seven. But her big break came with “Wizards of Waverly Place” on Disney Channel. This show made her famous and started her path to success.
After Disney, Selena took on more grown-up roles. She was in movies like “Spring Breakers” and shows like “Only Murders in the Building”. These roles showed she could act in different types of shows and movies. They also helped her earn more money as she got older.
Rare Beauty & Other Investments
Rare Beauty, Selena’s makeup brand, started in 2020. It’s been very successful, making Selena a lot of money. The brand focuses on easy-to-use makeup and mental health awareness. It’s now worth billions of dollars.
Selena has invested in other businesses too. She owns part of an ice cream brand called Serendipity. She also started Wondermind, a company focused on mental health. These smart investments have helped grow her wealth even more.
Selena Gomez Net Worth – Early Life and Beginning of Career
Selena was born in Grand Prairie, Texas. Her family didn’t have much money when she was young. This tough start made Selena work hard to be successful.
She started in show business early. She had small roles in TV shows as a kid. But it was “Wizards of Waverly Place” that really changed things for her. By 2009, when she was 17, Selena had already earned her first million dollars.
Selena Gomez Music Ventures
Music became a big part of Selena’s career early on. She signed with Hollywood Records in 2008 and started a band. Their first album, “Kiss & Tell”, did well on the charts.
Selena kept making music and getting more popular. In 2013, she started her solo career with the album “Stars Dance”. It was number one on the charts. Her music has been a big part of her fame and wealth.
$30 Million Puma Deal
In 2017, Selena made a big deal with Puma. The sportswear company paid her $30 million for a two-year partnership. This was a lot of money and helped make Selena even more famous.
For this deal, Selena appeared in Puma ads and helped design products. It was good for both Selena and Puma. The deal showed that Selena was not just a singer and actor, but also someone who could sell products.
$10 Million Coach Deal
Before the Puma deal, Selena made another big deal with Coach in 2016. This deal was worth $10 million. Selena became the face of Coach and even made her own line of products for them.
This deal was smart for Coach because Selena was very popular on Instagram at the time. It helped Coach reach younger customers. For Selena, it was another way to make money and become more involved in fashion.
Earnings from Instagram
Selena makes a lot of money from Instagram. She used to be the most-followed person on the app. Now, she can make between $800,000 and $1.8 million for just one sponsored post.
Instagram is more than just extra money for Selena. She uses it to promote her music, makeup, and other projects. This direct connection with fans helps her succeed in all areas of her career.
Philanthropy
Despite being rich, Selena likes to give back. She became a UNICEF ambassador at 17, the youngest ever. She has worked to help children’s rights and education around the world.
Selena also cares a lot about mental health. Her makeup brand, Rare Beauty, has a fund to provide mental health services. She has helped with many other causes too, like immigrant rights and COVID-19 relief.
Selena Real Estate Ventures
Like many rich celebrities, Selena owns several expensive homes. In 2020, she bought a big house in Encino, California for $4.9 million. This house used to belong to the musician Tom Petty.
Selena owns other homes too. She has houses in Tarzana and Calabasas, California, and in Fort Worth, Texas. These homes are not just places to live, but also smart investments that add to her wealth. Here’s a quick look at some of Selena’s known properties:
| Property | Location | Estimated Price |
| Traditional-style house | Tarzana, California | $2.175 million |
| Mediterranean-style mansion | Calabasas, California | $3.69 million |
| Mansion | Fort Worth, Texas | Undisclosed |
| Tom Petty’s former home | Encino, California | $4.9 million |
These real estate investments not only provide Selena with luxurious living spaces but also serve as valuable assets that contribute to her overall net worth.
Selena’s Personal Life and Health
Selena has faced some health challenges. In 2014, she found out she had lupus. In 2017, she had to get a kidney transplant. She has also been open about her mental health, sharing that she has bipolar disorder.
These health issues have affected Selena’s life and career. But she has used her experiences to help others. She talks openly about her health to raise awareness. This has made her fans love her even more and has shaped some of her business choices.
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Final Thoughts
Selena Gomez’s net worth of $800 million shows how talented and hardworking she is. She started as a child star and became a global icon and successful businesswoman.
Her makeup brand, Rare Beauty, big endorsement deals, and smart investments have all helped her make a lot of money.
But Selena isn’t just about making money. She uses her fame and wealth to help others. Her work for mental health awareness and other good causes shows she cares about more than just being rich.
As Selena continues to grow as an artist and businesswoman, it seems likely her influence and wealth will keep growing too.
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