Selena Gomez has officially joined the billionaires club, thanks to the success of her beauty brand, Rare Beauty. The 32-year-old singer, actress, and entrepreneur now boasts a net worth of $1.3 billion, making her one of the youngest female billionaires in the United States.
Selena Gomez has achieved billionaire status at the age of 32, primarily through the success of her beauty brand, Rare Beauty. Her estimated net worth of $1.3 billion comes largely from her 81.4% stake in the company, which has been valued at $2 billion. Gomez also co-founded the mental health platform Wondermind, further contributing to her wealth.
Selena Gomez expands her Rare Beauty line with a new tinted pressed finishing powder. The ‘True To Myself’ powder offers a light blurring effect, mattifies the skin, and comes in 14 shades. Gomez emphasizes the product’s focus on self-acceptance and natural beauty, reflecting her personal journey.
Selena Gomez opens up about unrealistic beauty standards in the cosmetics industry and her own beauty line, Rare Beauty. Despite being the face of her makeup brand, Gomez admits her struggles with makeup application, highlighting the unattainable beauty standards set by the industry. She emphasizes that her products aim to enhance natural beauty rather than mask it.
Selena Gomez made a fashionable appearance at the Time100 Summit, showcasing her style in a sleek leather dress. She also discussed her cosmetic line, ‘Rare Beauty’, and addressed rumors of selling the company. Her recent red carpet looks and her role in ‘Only Murders in the Building’ were also mentioned.
