Selena Gomez becomes a billionaire at 32 thanks to her beauty empire – as she joins BFF Taylor Swift in the ten-digit club
As I delve into this heartwarming tale of love and companionship, I find myself deeply moved by Selena Gomez‘s journey. From her initial resolve to adopt if she remained single at 35, to her serendipitous meeting with Benny Blanco last year – the narrative unfolds like a beautifully orchestrated symphony.
After over twenty years in the public eye, Selena Gomez has now been confirmed as a billionaire.
A 32-year-old actress who initially gained popularity through her role in Barney & Friends and later became a teen heartthrob on Disney Channel’s Wizards of Waverly Place, is said to have an estimated net worth of $1.3 billion, as reported by Bloomberg.
Reaching this significant financial achievement places her among the nation’s young, self-made billionaire group, an exclusive club that includes her friend Taylor Swift, who joined the ranks of ten-figure earners last year as well.
According to a recent report, most of the singer-songwriter who gained fame with “Lose You to Love Me” amassed her fortune primarily through her cosmetic line, Rare Beauty, that she introduced in 2020.
Furthermore, she’s amassed a significant wealth through television roles, such as the hit series “Only Murders in the Building” (which has been renewed for its fifth season), endorsement deals, and her musical ventures.
Although she has gravitated more to acting over the past few years, Gomez has released three studio albums, two EP,s seven singles, four promotional singles and fourteen music videos in her solo career.
As the frontwoman for Selena Gomez & the Scene, she and her band put out three successful albums: Kiss & Tell (2009), A Year Without Rain (2010), and When the Sun Goes Down (2011). These albums all made it to the Top 10 in the US, with total sales exceeding 6.7 million copies, as reported by one of her fan sites.
As reported by Time, Rare Beauty consistently ranks as one of Sephora’s best-selling products and can be found in 36 different nations. Over time, this brand has continued to amass even greater financial success.
According to a report published in May, the company saw an increase of 100% in annual sales between 2021 and 2022, followed by another 200% growth from 2022 to 2023; these sales reached $400 million over the course of the previous 12 months.
Her brand’s most popular product last year, a $23 liquid blush, brought in $70 million in sales.
Among her lucrative brand endorsements are her partnerships with Puma, estimated to be around $30 million, and Coach, valued at approximately $10 million.
With over 424 million people following her on Instagram, making her the third most popular user, she could potentially earn approximately $2.6 million for a single sponsored post on the platform.
Beyond her professional success, Gomez has openly shared that she’s never been happier in her relationship with music producer, Benny Blanco.
Some fans believe that the pair, who reportedly began secretly dating in the middle of 2023, might be engaged, as Gomez was recently spotted with a gold ring on her finger.
Initially, there was a hint of an engagement between the founder of Rare Beauty and her boyfriend, Benny Blanco, as speculations arose when she posted a selfie last month and concealed her ring finger.
By May, Gomez disclosed her intention to adopt a child on her own if she hadn’t found the suitable partner before turning 35 years old.
At a Time 100 Most Influential Companies gathering, Selena shared that she spent five years by herself and grew quite accustomed to this solitary lifestyle.
As a lifestyle advisor, I’ve been there too – enduring the fear of solitude that many experience. For about two years, I grappled internally with this feeling, only to find acceptance eventually.
As a die-hard fan, here’s how I might put it: “If fortune hadn’t brought me love by the age of 35, I was all set to embark on my long-cherished plan – adopting a child.
Last year, however, she met Blanco, who she described as the love of her life last month.
In a recent interview with Howard Stern on SiriusXM, Blanco referred to Gomez as “extremely cool, incredibly kind,” and “extraordinarily sweet.
‘She’s truly just like my best friend … we laugh all f***ing day,’ she revealed.
When questioned about starting a family, Benny expressed that it’s his upcoming objective, something he wants to tick off his list. He already has numerous godchildren and many nephews. He enjoys spending time with children.
Howard then asked Benny when he was going to ask the Wizards of Waverly Place star to marry him.
He expressed, “Whenever I gaze upon her, I find myself thinking, ‘I can hardly imagine anything more wonderful.’
Later, Howard said he predicted marriage in their future, and Benny replied, ‘You and me both.’
At the Time 100 Event, when questioned about his views on marriage and kids, Gomez stated, “He doesn’t have the ability to deceive. If he’s posed a question, he’ll provide an honest response.
I deeply value each instant spent with him. Although I can’t predict what lies ahead, I am certain that our bond is strong and enduring.
A source recently told ET: ‘They are excited at the idea of continuing to grow together and get closer.’
Additionally, it was mentioned that ‘Benny finds Selena utterly fantastic,’ and she ‘adores the fact that Benny advocates for others’ well-being and guards her affectionately.’
In my perspective, it appears that they’ve got the unwavering backing of their dear ones. They seem to bring joy to each other, and their friends and family are overjoyed for their happiness.
As a lifestyle connoisseur, I’m delighted to share that back in December, Taylor Alison Swift, famously known as the “Come and Get It” singer, chose to go public about her relationship with Blake Lively’s husband, Ryan Reynolds. This delightful duo had been stealthily dating for a staggering six months prior to their public debut!
Earlier, the artist known as Wolves had relationships with The Weeknd, Zedd, Nick Jonas, Taylor Lautner, and was rumored to be involved with several more celebrities, such as Zayn Malik.
Over a period of eight years, she was involved in an intermittent romance with Justin Bieber. They ultimately decided to end their relationship in the year 2018.
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2024-09-06 19:19