Selena Gomez is letting her fans know that making bank hasn’t changed her. The former child star was recently declared a billionaire, making her the embodiment of the American Dream. However, Gomez, who achieved such a great feat at just 32, remains the girl next door who loves taking selfies.
After the news of her reaching billionaire status spread like wildfire, the actress shared an update on her Instagram Stories. Rather than address her latest milestone, Gomez opted for a cute selfie. In the picture, she donned a sheer oversized white tank top while lying down on a bed. The Disney alum let her luscious hair fall back loosely and donned pink cat-eye-shaped glasses. Gomez was makeup-free for the selfie, using a retro filter while pouting her lips.
On Friday, September 6, the Bloomberg Billionaires Index named Gomez one of the youngest female self-made billionaires in the United States. Her net worth was estimated at $1.3 billion, with 81% of her wealth embedded in her makeup brand, Rare Beauty. The rest of the singer’s money comes from endorsements, touring, her mental health startup Wondermind, albums, acting, streaming, and real estate.
Selena Gomez Says Rare Beauty Wasn’t ‘About Making A Lot of Money’
Despite a huge chunk of Gomez’s wealth coming from her beloved cosmetics brand, that was not the Come & Get It songstress’ goal when she launched the company in September 2020. In an interview with TIME Magazine, the 32-year-old confessed that the brand was borne out of her desire to help those with mental health struggles. Although it makes a lot of money, she tries not to be distracted from the main purpose.
“I have this weird thing in my head where if I focus on the numbers, Iโll lose whatever it is that made Rare Beauty Rare Beauty. I never wanted it to be about making a lot of money and thatโs it.”
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Selena Gomez’s Sexual Attraction to Benny Blanco Questioned After Beauty Makeover: ‘Disgusting’Gomez has also backed up her words by creating the Rare Impact Fund, a philanthropic arm of the business. Its goal is to raise $100 million, with 1% of all product sales going to the foundation.
