Selena Gomez Net Worth 2025
According to Bloomberg, Selena Gomez’s projected net worth as of September 2024 is $1.3 billion. The main reason for this substantial riches is the success of her cosmetics line, Rare Beauty, which she introduced in 2020. Her financial situation has significantly improved as a result of the brand’s popularity among consumers, especially younger audiences and influencers.
The Impact of Rare Beauty
One of the main reasons Gomez became a billionaire is because of Rare Beauty. In 2022, the brand reportedly brought in about $100 million, and in 2023, it was expected to bring in between $300 million and $350 million. Gomez owns 51% of Rare Beauty, which represents about $1.1 billion of her total wealth. Because of its market position and appeal, the brand is valued at about $2 billion.
Additional Businesses and Sources of Income
Apart from Rare Beauty, Gomez’s fortune is spread over a number of businesses:
Successful music albums and acting roles, particularly in the Hulu series “Only Murders in the Building,” where she reportedly makes $6 million per season, are part of Gomez’s entertainment career.
Social Media Influence: Gomez has more than 424 million Instagram followers, which increases her earning potential through partnerships and endorsements.
Business Investments: To further diversify her holdings, Gomez invested in the ice cream company Serendipity and co-founded the mental health website Wondermind.
Charity
Gomez is dedicated to philanthropy, especially in the field of mental health. To date, Rare Beauty has raised nearly $5 million for its charity foundation, which receives 1% of all purchases.
Estimated 2025 Net Worth
Her net worth is anticipated to rise by 2025 due to the quick expansion of Rare Beauty and Gomez’s continued endeavors. It’s possible that her net worth will reach or surpass $1.5 billion by 2025 if Rare Beauty keeps growing and her entertainment endeavors continue to be profitable.
