Born on July 22, 1992, Selena Gomez is an accomplished American singer, actress, and businesswoman. Starting as a child actress in “Barney & Friends,” she gained fame on Disney Channel’s “Wizards of Waverly Place.” As a singer, she initially fronted the band Selena Gomez & the Scene, earning multiple gold certifications.
Her solo career includes hit albums like “Stars Dance” and “Revival,” and singles like “Lose You to Love Me.” Gomez also acted in films and produced shows like “13 Reasons Why” and “Only Murders in the Building.” She founded Rare Beauty, advocating for mental health, and leads as Instagram’s most-followed woman.
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Selena Gomez’s Net Worth
Selena Gomez, at 32, has become one of the youngest self-made billionaires in the U.S., with a net worth estimated at $1.3 billion by Bloomberg. Much of her wealth comes from her makeup brand, Rare Beauty, and her investments in mental health platform Wondermind.
Gomez also earns from acting, singing, and lucrative brand deals, including endorsements with Puma and Coach. Her massive Instagram following of 424 million has amplified her business ventures and partnerships. Additionally, she supports mental health causes through initiatives like the Rare Impact Fund.
Additionally, Selena co-founded the mental health startup Wondermind, which secured $5 million in funding at a $100 million valuation in August 2022. Her business ventures have notably enhanced her financial standing.
Early life
Selena Marie Gomez was born on July 22, 1992, in Grand Prairie, Texas, to Ricardo Joel Gomez and Mandy Teefey, a former stage actress. Named after Tejano singer Selena Quintanilla, she is of Mexican and Italian descent, with her father’s family emigrating from Monterrey, Mexico, in the 1970s.
Gomez grew up in a financially struggling household, raised by her mother after her parents divorced when she was five. She earned her high school diploma through homeschooling in 2010. Despite early hardships and relying on her grandparents during her parents’ schooling, Gomez credits her mother’s sacrifices for her success in the entertainment industry.
Career
Selena Gomez’s early acting career began with her role as Gianna on “Barney & Friends” and minor roles in films. Her breakthrough came with Disney’s “Wizards of Waverly Place,” making her a teen idol. Concurrently, she voiced characters in animated films and starred in Disney Channel movies.
In 2009, Gomez ventured into music, forming Selena Gomez & the Scene and achieving success with several pop hits. Her solo music career includes top-charting singles and albums, showcasing a shift towards a more mature sound and personal themes. Gomez also produces and acts in various film and television projects, enhancing her reputation in the entertainment industry.
Personal life
Selena Gomez has owned multiple homes, including a $6.6 million mansion in Calabasas and a $5 million mansion in Encino, reflecting her successful career. Raised Catholic, she once wore a purity ring, but later focused on a personal faith relationship rather than organized religion, frequently attending Hillsong Church.
Gomez openly shares her health challenges, including lupus, which led to a kidney transplant from a friend Francia Raisa. She has also battled anxiety and depression, taking breaks from social media to manage her mental health. Her notable relationships include Justin Bieber, Zedd, and The Weeknd, and she’s currently dating Benny Blanco.
Who is richer, Selena Gomez or Justin Bieber?
Selena Gomez is currently richer than Justin Bieber, with a net worth estimated at $1.3 billion, largely due to the success of her makeup brand, Rare Beauty, and various business ventures. Justin Bieber, a Canadian pop star, has a net worth of around $300 million, generated from his music sales, tours, and a $200 million deal for his music catalog rights.
While Bieber is one of the highest-paid entertainers globally, Gomez’s business endeavors and brand partnerships have significantly boosted her wealth, making her one of the youngest self-made billionaires in the U.S.
Conclusion
Selena is more than just an artist; she’s a phenomenon. Her story is a testament to perseverance, talent, and the magic that happens when one follows their passion. From a child artist to a global icon, her journey is both inspiring and a testament to her relentless spirit.
FAQ about Selena Gomez’s Net Worth
- How did Selena Gomez start her career?
Selena began her career at age 9 with Barney & Friends. - Who are Selena’s parents?
She was born to Ricardo Joel Gomez and former stage actress Mandy Teefey. - Has Selena Gomez won any major awards?
Yes, she has bagged an American Music Award, two MTV Video Music Awards, and numerous other accolades. - Which is Selena Gomez’s recent production venture?
Selena is an executive producer and main character in Only Murders in the Building. - What’s the motive behind Selena’s nonprofit, the Rare Impact Fund?
The Rare Impact Fund focuses on mental health awareness.
