Benny Blanco Net Worth: Is Selena Gomez’s New Boyfriend Actually Richer Than the $800M Singer?
Selena Gomez, the music artist, recently made it known that she is in a relationship with music producer Benny Blanco. People have become curious about Blanco’s wealth. How does it compare to Gomez’s fortune? It is believed that Gomez has a worth of $800 million whereas Blanco’s net worth is rumored to be around $50 million.
How did Selena Gomez accumulate her wealth?
Selena Gomez, who is currently 29 years old, has built her wealth through various avenues such, as her successful music career, acting roles in films and TV shows, and lucrative endorsement deals. However, the primary contributor to her wealth is her makeup brand Rare Beauty.
Despite being launched two years ago, Rare Beauty has already achieved a staggering valuation of over $1 billion. In 2022, it generated $100 million in revenue. Is projected to triple that amount this year. As the brand’s owner Gomez receives the majority of the profits.
Additionally, Gomez’s net worth is further bolstered by assets. She secured a $30 million deal with Puma. Maintains a strong presence on social media platforms. With over 300 million Instagram followers, her posts hold value. According to Celebrity Net Worth Gomez’s cumulative net worth is $800 million.
What are Benny Blanco’s sources of wealth?
Benny Blanco, aged 34, has established himself as a music producer and songwriter by collaborating with renowned artists such as Katy Perry, Ed Sheeran, and Justin Bieber. Recently he embarked on a music career.
Blanco’s impressive net worth of $50 million stems from his producer credits on hit songs like I Kissed a Girl and Dynamite. Furthermore, he sold a portion of his music catalog for $50 million, in 2019.
Though Blanco is wealthy for his age, he is not yet in the same financial league as his multi-millionaire girlfriend. But his career continues to grow, so his net worth could someday approach Gomez’s.
Does the Net Worth Gap Matter for Their Relationship?
While Blanco does not have as much money as Gomez right now, she seems smitten with him regardless. Gomez has gushed on social media that Blanco is her “absolute everything” and “the best thing that’s ever happened to me.”
The two musicians appear to have bonded over their shared creative passion. And Gomez’s huge fortune likely takes any pressure off Blanco feeling like he needs to match her net worth.
Also Read: Lionel Messi’s Heartwarming Gesture for Selena Gomez’s Rare Impact Fund Leaves Fans Stunned
So while fascinating to compare, the net worth gap doesn’t seem important to their budding romantic relationship. As Gomez says, Blanco makes her happy after previous failed relationships.