Selena Gomez Net Worth is a famous singer, actress, producer, and businesswoman. She has made a big name for herself in her career. As of 2024, she was worth about $800 million1. This makes her one of the richest young stars in showbiz.
Her wealth shows her talent, hard work, and smart money moves. Selena’s story is inspiring. It shows how she overcame fame’s challenges and used her struggles to get stronger.
Key Takeaways
- Selena Gomez has an estimated net worth of $800 million as of 20241
- She has over 58 million followers on TikTok and more than 420 million followers on Instagram2
- Selena’s makeup company, Rare Beauty, generated at least $100 million in revenue in 20222
- Selena earns between $10-15 million per year from endorsement deals and social media sponsorships2
- Selena Gomez uses her platform to advocate for mental health awareness and other philanthropic causes
Selena Gomez’s Impressive Net Worth
At just 30 years old, Selena Gomez has built an impressive net worth of about $800 million as of 20243. This makes her one of the wealthiest young stars in showbiz. Most of her wealth comes from the huge success of her cosmetics line, Rare Beauty. It made over $100 million in 2022 and could hit $300 million in 2023, making it worth $1.2 billion3.
Gomez earns from music, acting, and her businesses too. In 2017, she made a $30 million deal with Puma3. The same year, she landed a $10 million deal with Coach3. Her big social media presence also boosts her income, with each sponsored post on Instagram making her $800,000 to $1.8 million3.
Her net worth is even higher than Taylor Swift’s $600 million4. Gomez has also invested in businesses like Serendipity ice cream and co-founded Wondermind, a mental health startup4.
Gomez’s success shows her hard work, business smarts, and huge fan base. With her ongoing success, her net worth is likely to keep growing. This will make her one of the richest young stars in the industry3.
Early Career Beginnings
Child Acting Career
Selena Gomez started her journey to fame as a child, landing her first role on “Barney & Friends” from 2002 to 20045. She made about $39,000 from her early acting, earning $3,000 per episode5. Then, she made a cameo in “Spy Kids 3-D: Game Over” in 2003 and appeared in “Walker, Texas Ranger: Trial by Fire” in 2005.
In 2007, Gomez had a big break with a role on the Disney Channel’s “Hannah Montana” and then starred in “Wizards of Waverly Place” from 2007 to 20125. Her role in “Wizards of Waverly Place” paid her $30,000 per episode, adding up to about $3.18 million for the series of 106 episodes5. These early roles set the stage for her success in both TV and music.
“My first acting job was on a kids’ show called ‘Barney & Friends’ when I was seven. It was a great training ground.”
– Selena Gomez
Rise to Stardom
Selena Gomez’s acting career has seen many highlights. She got her big break as the main character in “Wizards of Waverly Place.” This show ran for four seasons and paid her $30,000 per episode6. She then moved to movies, starring in “Spring Breakers” and “The Fundamentals of Caring.” Recently, she was in the hit Hulu series “Only Murders in the Building,” showing her wide range as an actress7.
Acting Career Highlights
Selena Gomez has also shined in her music career. With Selena Gomez & The Scene, she put out three albums that went Gold6. She has also made successful solo albums and collaborations. Her EP “Revelations” (2021) was a hit, earning Grammy and Latin Grammy nods7.
Music Career Milestones
Her music has hit big, like the single “Calm Down (Remix)” which broke records and topped charts in 20237. She’s also huge on social media, with over 426 million followers on Instagram as of 20247.
“I don’t think anyone really knows what they’re doing, and I don’t think anyone is really in control of anything. That’s kind of how I go through life.”
– Selena Gomez
Selena Gomez has made a big impact in both acting and music. From her hit role in “Wizards of Waverly Place” to her top albums and songs, she’s become a true star76.
Selena Gomez Net Worth
Selena Gomez’s net worth is around $800 million as of 20238. Most of her wealth comes from acting, music, and her business ventures. Her makeup line, Rare Beauty, is a big hit.
She started acting young, making $3,000 per episode on Barney & Friends. This added up to about $39,0008. Then, she landed a role on Wizards of Waverly Place, earning $30,000 per episode. She made around $3.18 million over five years8.
Selena’s music career has also boosted her net worth. By 2016, she had earned $15 million from music sales. She sold 24.3 million songs and 3.4 million albums by 20178. Her tours, like the Stars Dance Tour and the Revival Tour, made $35.3 million and $35.6 million respectively8.
Her cosmetics line, Rare Beauty, has been a huge success, making $60 million in its first year8. The Soft Pinch Liquid Blush alone made over $70 million in 20228. Experts think Rare Beauty could be worth $2 billion, making Selena a beauty billionaire9.
Selena also makes money from brand endorsements and partnerships. She has deals with Coach, Puma, Pantene, and Coca-Cola. She makes about $1.735 million per sponsored Instagram post8.
Her investments, like putting $5 million into Wondermind, a mental health site, have also added to her wealth. Wondermind was valued at $100 million in 20218.
With her many income sources and successful businesses, Selena Gomez’s net worth is estimated at $800 million in 2023. She’s one of the wealthiest young stars in entertainment8.
Brand Endorsements and Partnerships
Selena Gomez has used her fame to make a big impact in the world of Selena Gomez endorsement deals and Selena Gomez brand partnerships. In 2017, she made a $30 million deal with Puma, becoming their new face10. Also, in 2016, she signed a $10 million deal with Coach, creating her own line10. These deals have greatly added to her net worth, now over $80 million as of 202110.
Gomez’s ability to secure big endorsement deals shows her huge influence and popularity. She makes over $550,000 for each Instagram post10. These selena gomez brand partnerships have not just increased her wealth. They’ve also let her work with brands that share her values and connect with her fans.
| Brand Partnership | Deal Value | Year |
|---|---|---|
| Puma | $30 million | 2017 |
| Coach | $10 million | 2016 |
Selena Gomez’s selena gomez endorsement deals have done more than just fill her bank account. They’ve let her spread her influence and work with brands that match her values and audience10. These deals have been a big part of her impressive net worth, showing the strength of her personal brand and celebrity10.
Entrepreneurial Ventures
Selena Gomez has shown her business skills with many successful projects. In 2020, she started her makeup line, Rare Beauty. It made at least $100 million in 2022 and could hit $300 million in 202311. She also owns a part of the ice cream brand Serendipity and co-founded Wondermind, a mental health startup, which raised $5 million11. Gomez also put money into the grocery delivery service Gopuff12.
Rare Beauty
Rare Beauty, started by Selena Gomez in 2020, is a big hit in the beauty world. It’s worth over $2 billion as of 20241312. The brand focuses on inclusive beauty, offering quality makeup and skincare that celebrates natural beauty11.
Other Business Investments
Selena Gomez has also ventured into other areas. She teamed up with Our Place for a summer collection, showing her interest in home and lifestyle products12. She also invested in Gopuff, a grocery delivery service, proving her business smarts12.
| Entrepreneur | Net Worth | Business Ventures |
|---|---|---|
| Selena Gomez | $800 million | Rare Beauty, Serendipity, Wondermind, Gopuff |
| Françoise Bettencourt Meyers | $75 billion | L’Oréal |
| Alice Walton | $65 billion | Investments |
| MacKenzie Scott | $44 billion | Philanthropy |
| Oprah Winfrey | $2.6 billion | Media, Investments |
| Rihanna | $1.8 billion | Fenty Beauty, Savage X Fenty |
| Diane Hendricks | $13 billion | ABC Supply |
| Beyonce | $500 million | Music, Investments |
| Daniella Pierson | $220 million | Wondermind, The Newsette |
| Ju Rhyu | N/A | Hero Cosmetics |
“Selena Gomez’s entrepreneurial ventures have not only bolstered her net worth, but they also showcase her versatility and passion for diverse industries. From beauty to food and beyond, she continues to make her mark as a savvy and innovative businesswoman.”
Philanthropic Efforts
Selena Gomez is known for her charity work. She uses her fame to help others. She is a UNICEF Goodwill Ambassador and supports groups like the Lupus Research Alliance and WE Day14. She also talks about mental health, sharing her own battles with anxiety and depression15.
Her business, Rare Beauty, helps mental health services too1415. Rare Beauty gives 1% of its sales to charity, showing Gomez’s commitment to mental health14.
“I’m very lucky to have a platform where I can use my voice to help others and share my story. Mental health is something I’m extremely passionate about, and I hope that by being open about my own struggles, I can inspire others to seek the help they need.”
Gomez also helps with other charities like UNICEF, RAISE Hope for Congo, and the Ryan Seacrest Foundation16. She uses her fame to bring attention to different causes.
Selena Gomez is a role model for young people. She shows how to make a difference with your platform141516.
Personal Life and Health Challenges
Selena Gomez has faced big challenges, like fighting lupus, an autoimmune disease17. In 2017, she got a kidney transplant, a move that showed her strength and will17.
She’s also talked about her mental health struggles, like anxiety and depression17. She wants to help end the stigma around these issues. She encourages people to get help and look after their mental health17.
“I’ve had a lot of issues with depression and anxiety, and I’ve been very vocal about it, because it’s something I go through. I think people can relate to that.”
Selena Gomez has shown amazing strength and resilience17. By sharing her health and mental health battles, she’s inspired her fans. She’s started a big talk on the need for self-care and mental health awareness.
Her path has had many hurdles, but she’s made a big difference by sharing her story17. Selena Gomez’s life and health battles show her resilience and her drive to help others.
Social Media Influence
Selena Gomez is a top star on social media today. She has over 420 million followers on Instagram18, making her the first woman to hit this huge number. Her fame isn’t just on Instagram; she also has 58 million followers on TikTok18 and over 33 million on YouTube, with nearly 13 billion views18.
Her huge social media following has made her very famous. It also lets her use her influence for business and charity. In 2020, she started Rare Beauty, a beauty brand that quickly became popular for its wide range of products and focus on self-acceptance18. She also started the Selena Gomez Rare Impact Fund in 2020, aiming to raise $100 million in ten years for mental health services in under-served communities18.
Selena Gomez’s social media is a big deal. It lets her talk to her huge fan base, promote her work, and help with charity. Her big audience on different platforms has helped her grow her net worth and made her a top social media influencer181920.,,
| Social Media Platform | Followers |
|---|---|
| 420 million18 | |
| TikTok | 58 million18 |
| YouTube | 33 million subscribers18 |
“Selena Gomez’s social media presence has become a valuable asset, enabling her to engage with her massive fan base, promote her various projects, and amplify her philanthropic efforts.”
Selena Gomez’s Financial Lessons
Selena Gomez has made a big mark in finance, offering lessons for those wanting to grow their wealth21. She shows how to make money from different sources, invest wisely, and turn a personal brand into a business success. Her net worth of $800 million shows her smart money moves and drive22.
Gomez’s success comes from spreading her wings beyond music21. Her album “Rare” did well, but she also made money from acting, endorsements, and starting her own business21. Her company, July Moon Productions, and her work on “13 Reasons Why” show how she makes money in various ways21.
Her investment choices are another lesson for us22. She’s put her money into real estate, cars, and more, building a strong portfolio22. Her Rare Beauty line, worth over $1 billion, shows her skill in turning her brand into a big business21.
Gomez’s success and her work to help others, like the Rare Impact Fund, inspire us to follow our dreams22. She proves that being smart with money, taking risks, and using your talents can lead to big achievements.
“My goal has always been to use my platform to inspire others and make a real difference in the world. By being financially savvy and strategic in my investments, I’ve been able to create opportunities not just for myself, but for the causes and communities I care about.”
– Selena Gomez
Conclusion
Selena Gomez’s net worth of $800 million23 shows her talent, resilience, and smart money moves. She has done well in acting and music, hitting number one with her album “Stars Dance”24. She also made it big with her Rare Beauty makeup line24 and smart investments in startups24.
Her story is a big inspiration for those who want to make it in fame and wealth. She’s shown that with hard work and smart choices, you can achieve a lot.
Selena Gomez has made a lot of money from music, acting, business, and endorsements24. By 2024, she’s worth $800 million, making her one of the richest singers out there23. Her huge social media following has helped her make more money through deals with big brands like Puma and Coca-Cola24.
She’s also very into giving back, supporting groups like the Lupus Research Alliance and UNICEF24. And she’s worked hard to raise awareness about mental health with “Mental Health 101”24. Her life story shows how hard work, determination, and caring can lead to success and make a difference.
FAQ
What is Selena Gomez’s net worth?
Selena Gomez’s net worth was estimated at $800 million in 2024.
Where does Selena Gomez’s net worth come from?
Most of her wealth comes from Rare Beauty, her makeup company. It’s worth at least $1.2 billion. Her earnings from music, acting, and other ventures also add to her wealth.
How did Selena Gomez start her career?
She started acting young, on “Barney & Friends” from 2002 to 2004. She then made a film debut in “Spy Kids 3-D: Game Over” in 2003. She also appeared in “Walker, Texas Ranger: Trial by Fire” in 2005.
What were the highlights of Selena Gomez’s acting and music careers?
Her big break was in 2007 with “Hannah Montana” and “Wizards of Waverly Place” from 2007 to 2012. She’s also starred in films like “Spring Breakers” and “The Fundamentals of Caring.” Recently, she was in the hit Hulu series “Only Murders in the Building.” Her music career has also been successful, with hit albums and collaborations.
What are some of Selena Gomez’s lucrative brand endorsements and partnerships?
She has made a lot from endorsements. In 2017, she signed a $30 million deal with Puma. She also partnered with Coach in 2016 for a $10 million deal, creating her own line.
What are Selena Gomez’s successful business ventures?
In 2020, she launched Rare Beauty, a huge success with over $100 million in revenue in 2022. She’s also invested in Serendipity ice cream and co-founded Wondermind, a mental health startup.
How is Selena Gomez involved in philanthropy?
She’s a UNICEF Goodwill Ambassador and supports the Lupus Research Alliance and WE Day. Gomez also talks openly about mental health, encouraging others to seek help.
What personal challenges has Selena Gomez faced?
She’s dealt with lupus and needed a kidney transplant in 2017. Gomez has also talked about her anxiety and depression, aiming to reduce stigma around mental health.
How influential is Selena Gomez on social media?
She’s very popular online, with over 420 million Instagram followers as of 2023. She’s also big on TikTok and YouTube, with millions of followers and views.
Source Links
- Selena Gomez Net Worth 2024: Bio, Early Life Music & Acting Career, Rare Beauty and Other Investments – https://www.globalbeauties.com/selena-gomez-net-worth/
- Selena Gomez Net Worth – https://www.celebritynetworth.com/richest-celebrities/singers/selena-gomez-net-worth/
- Selena Gomez Net Worth 2024 (Earnings from Acting, Music and Rare Beauty) – https://www.geeksforgeeks.org/selena-gomez-net-worth/
- Selena Gomez’s eye-watering net worth finally revealed – https://www.hellomagazine.com/celebrities/498368/selena-gomez-eye-watering-net-worth-revealed-amid-birthday-celebrations/
- Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth – https://www.womenshealthmag.com/life/a41793357/selena-gomez-net-worth/
- Selena Gomez has been making money since she was 10 — here’s how she built her reported $50 million fortune – https://www.businessinsider.com/selena-gomez-net-worth-how-she-makes-her-money-2018-9
- Selena Gomez – https://en.wikipedia.org/wiki/Selena_Gomez
- Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth – https://www.yahoo.com/lifestyle/psa-selena-gomezs-net-worth-130000572.html
- The potential $2 billion sale of Selena Gomez’s Rare Beauty could make her the next celebrity billionaire – https://www.businessinsider.com/rare-beauty-sale-could-make-selena-gomez-billionaire-net-worth-2024-3
- List of Brands Endorsed by Selena Gomez – https://startuptalky.com/selena-gomez-endorsed-brands/
- 11 of the World’s Richest Female Entrepreneurs – https://www.femalestartupclub.com/post/worlds-richest-female-entrepreneurs
- Selena Gomez Net Worth 2024: From Disney Darling To Global Icon – https://www.ibtimes.com/selena-gomez-net-worth-disney-darling-global-icon-3726971
- Selling Celebrity: The Top 30 Stars Minting Cash From Beauty, Booze and Snack Brands – https://www.hollywoodreporter.com/business/business-news/top-stars-beauty-booze-snack-brands-1235967072/
- Selena Gomez Net Worth $800 Million – https://thestrategicpost.com/selena-gomez-net-worth-800-million/
- Selena Gomez, Google boost school mental health with $10M funding – https://www.dailysabah.com/arts/selena-gomez-google-boost-school-mental-health-with-10m-funding/news
- Selena Gomez Net Worth 2023: Salary, Net Worth in Rupees (INR), Annual Income, Houses, and Cars. – https://www.jagranjosh.com/general-knowledge/selena-gomez-net-worth-1678444889-1
- Selena Gomez Net Worth (Money & Salary) 2024 – https://hollywoodgazette.com/selena-gomez-net-worth-2/
- Selena Gomez Net Worth: Career Journey, and Influence in 2024 – https://mediaticas.com/selena-gomez-net-worth/
- Selena Gomez Net Worth 2024 – Subzin.com – https://www.subzin.com/selena-gomez-net-worth-2024/
- How Selena Gomez Is Adding To Her Current Net Worth – https://www.thethings.com/selena-gomez-current-net-worth-yearly-income/
- 5 Power Moves That Boosted Selena Gomez’s Net Worth to $100M+ – https://wealthvistanetworth.com/5-power-moves-that-boosted-selena-gomezs-net-worth-to-100m.html
- How Much is Selena Gomez Net Worth? – MoneyMade – https://moneymade.io/learn/article/selena-gomez-net-worth
- Selena Gomez Net Worth 2024 | SingerFortune – https://singerfortune.com/selena-gomez-net-worth/
- Selena Gomez Net Worth: A Comprehensive Look At Her Wealth And Success – https://plognews.blob.core.windows.net/blog13/selena-gomez-net-worth.html
