Topics: Celebrity, Money, Selena Gomez, Social Media, World News, Instagram
Selena Gomez has opened up about what it's like to have hit billionaire status.
The 32-year-old has come a long way since The Wizards of Waverly Place which first aired 17 years ago - feel old yet?
The Bloomberg Billionaires Index ranked Gomez for the first time and what a first time to be ranked, the star added to its billionaire index after being reported by the outlet as being worth a staggering $1.3 billion.
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Not only has Gomez amassed such wealth through her acting career - most recently starring in Only Murders in the Building - but also through her music, mass Instagram following - becoming the most followed woman in the world on the platform last year - alongside her business Rare Beauty.
Gomez founded her beauty business in 2020 and her stake is reportedly worth over one billion, subsequently making up the bulk of her billion - reportedly 81 percent to be precise. Oh, and it makes her one of the 'youngest self-made' billionaires on Bloomberg's list.
Founder and executive officer of LA-based agency Hollywood Branded, Stacy Jones, told the outlet Gomez is ultimately 'not just a pop star', but a 'multifaceted businesswoman with diverse income streams contributing to her impressive next worth'.
Investor in Gomez's 'mental fitness ecosystem' Wondermind Brent Saunders added: "You’ve got a real role model of how a celebrity can use their influence and expertise to both do good and create good business. Selena epitomizes that."
And the star was asked about how she feels hitting billionaire status during a red carpet interview.
Really channeling Princess Diaries' Queen Clarisse in how she navigates the media, Gomez responded to Entertainment Tonight Online's question about billionaire status first with a 'Oh Goodness' before reflecting: "I'm very grateful. I personally think it’s distasteful to talk about money, but I really am giving all the credit to people who buy the products.
"They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy."
Gomez echoed a similar sentiment when talking to Time about Rare Beauty as a brand.
She said: "I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty.
"I never wanted it to be about making a lot of money and that’s it."
One Twitter user wrote: "shes truly a inspiration. came from nothing and worked HARD."
And as another resolved: "What an iconic woman."
