Selena Gomez: From child star to billionaire mogul
Selena Gomez has officially joined the ranks of billionaires, with an estimated net worth of $1.3 billion. This remarkable achievement makes her one of the youngest women in the United States to reach a 10-figure fortune. The majority of her wealth is attributed to the phenomenal success of her Rare Beauty makeup and cosmetics brand, which launched in 2019 and is available in the United States, Canada, and Mexico.
A journey from child star to global icon
Gomez, now 32, began her career as a child actor before transitioning into music and later starring in the Hulu hit series Only Murders in the Building. The series has been a massive success and was recently renewed for its fifth season. In addition to her television work, Gomez is set to star in the Cannes-winning musical drama Emilia Perez, directed by Jacques Audiard. The film is scheduled to open in select theaters on November 1 and will be available for streaming on Netflix starting November 13.
A musical powerhouse
While Gomez has been more visible on-screen in recent years, she hasn’t neglected her music career. She released two singles in 2023: Love On in February and Single Soon. Both tracks were released under her label, Interscope Records. Additionally, she has been teasing a new album, much to the delight of her fans. Her collaboration with Afrobeats superstar Rema on the single Calm Down was a significant hit, earning triple-platinum certification from the RIAA and maintaining a strong presence on the Billboard Hot 100 throughout most of 2023.
The power of social media and mental health advocacy
Gomez’s influence extends beyond her music and acting careers. Her social media presence is formidable, and she has used her platform to advocate for mental health awareness. Her mental health brand, Wondermind, has been a significant part of her portfolio. According to wealth analysis, her net worth includes the estimated value of her stake in Rare Beauty, her interest in Wondermind, her music album sales, properties, earnings from streaming deals, brand partnerships, concert tickets, and acting roles.
Upcoming projects and future endeavors
Gomez’s next big project involves a return to her roots. She will be executive producing and starring in the upcoming Disney+ reboot of the Disney Channel series that launched her career, Wizards of Waverly Place. The new series, titled “Wizards Beyond Waverly Place,” is set to premiere on October 29 at 8:00 p.m. ET.
Personal reflections and analysis
As a cinema, TV series, and music enthusiast, it’s fascinating to see how Selena Gomez has evolved over the years. Her journey from a child star to a billionaire mogul is a testament to her versatility and resilience. Gomez has managed to stay relevant in an industry that is notoriously fickle, constantly reinventing herself and expanding her brand.
Her success with Rare Beauty is particularly noteworthy. In an industry dominated by established giants, Gomez has carved out a niche for herself by focusing on inclusivity and mental health. Rare Beauty’s mission to break down unrealistic standards of perfection resonates with many, making it more than just a makeup brand but a movement.
In the realm of music, Gomez’s ability to adapt to different genres and collaborate with international artists like Rema showcases her global appeal. Her singles continue to top charts, and her upcoming album is highly anticipated.
On the small screen, “Only Murders in the Building” has been a critical and commercial success, proving that Gomez’s acting chops are as strong as ever. Her upcoming projects, including “Emilia Perez” and the “Wizards of Waverly Place” reboot, indicate that she has no plans of slowing down.
Selena Gomez’s journey is a compelling narrative of talent, hard work, and strategic choices. Her ability to diversify her portfolio while staying true to her roots makes her a unique figure in the entertainment industry. As she continues to break new ground, it will be exciting to see what the future holds for this multi-talented star.