SUMMARY
  • Selena Gomez is now a billionaire which makes her one of the youngest female billionaires of the country.
  • A huge part of Gomez's $1.3 billion net worth is thanks to her makeup line Rare Beauty.
  • Gomez is now at part with her best friend Taylor Swift, but has left fellow co-star Miley Cyrus far behind.

Selena Gomez is one of the most popular pop stars. She rose to fame as a child star with her performance in the Disney show The Wizards of Waverly Place. Having entered the entertainment industry as a young kid, she is not only one of the most followed people on Instagram but also one of the wealthiest celebrities.

Gomez might have begun her journey as an actress, but it was not long before she made a career as a singer and then as a businesswoman. These days, she is not just an entertainer but also the owner of a successful beauty brand, Rare Beauty.

Selena Gomez
Selena Gomez in Only Murders in the Building | Source: Hulu

Her fortune has been estimated recently and she has emerged as one of the country’s youngest female self-made billionaires. This is a milestone that even her fellow Disney co-star Miley Cyrus has not been able to achieve despite having a career as successful as Gomez’s if not more.

Selena Gomez Is Now One of America’s Youngest Female Self-Made Billionaire

Selena Gomez in a still from Lose You to Love Me | Source: Her Official YouTube
Selena Gomez in a still from Lose You to Love Me | Source: Her Official YouTube

Selena Gomez’s acting career began with the children’s show Barney & Friends. Her starring role as Alex Russo on Disney’s The Wizards of Waverly Place established her as a teen idol. However, she exited the show in 2007 to pursue more adult roles. Luckily for fans, a spin-off/sequel titled The Wizards Beyond Waverly Place, executive produced by Gomez who will also star in the pilot episode, is scheduled to premiere soon.

Besides her singing and acting projects, the Lose You to Love Me singer also invests her time and efforts in an array of other things such as her make-up line Rare Beauty Brand Inc., her mental-health startup, and other brand partnership deals.

According to the Bloomberg Billionaires Index, it is this makeup line that has helped the actress become a self-made billionaire with a whopping net worth of $1.3 billion. This puts her right by the side of her best friend Taylor Swift, and makes her the first Disney star to have achieved this milestone.

The only difference between them when it comes to their net worth is that Swift’s net worth is solely thanks to the sales of her music albums and touring. Gomez, however, has earned her net worth through various means apart, from her musical endeavors.

Selena Gomez Has Left Behind Fellow Disney Star Miley Cyrus in Terms of Net Worth

Miley Cyrus
Miley Cyrus in Flowers music video | Source: Her Official YouTube

It is no secret that both Selena Gomez and Miley Cyrus made it big through their respective Disney shows. For years, Cyrus has been widely known for portraying Hannah Montana in the eponymous Disney show. Just like Gomez, she also has a successful music and acting career partly, thanks to her highly successful Disney show.

Cyrus has a net worth of $160 million (via Celebrity Net Worth). This is significantly less than both Gomez and Swift’s net worths. That said, neither of these women is any less successful than the other as they continue to build on a legacy that often leaves people envious.

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