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.
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.
