Almost a month after joining the prestigious billionaire gang, Selena Gomez is opening up about what her new status means. In September, the Disney alum was named by the Bloomberg Billionaires Index as one of the youngest female self-made billionaires in the United States. While the news spread like wildfire, evoking mixed reactions, Gomez kept quiet on the topic until now.
During the premiere of her new film, Emilia Pérez, at the 62nd New York Film Festival, the actress spoke on her recent success. “I’m very grateful,” she gushed before adding, “I personally think it’s distasteful to talk about money. But I really am giving all the credit to people who buy the products.” Gomez continued, admitting to ET Online that being a billionaire is something she has always desired.
“They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy.”
Bloomberg declared Gomez’s net worth as $1.3 Billion, with more than 81% of her wealth coming from her Rare Beauty cosmetics brand. Her other sources of income include endorsements, touring, albums, acting, streaming, her mental health startup Wondermind, and real estate.
Selena Gomez Didn’t ‘Focus On Numbers’ With Rare Beauty
In a previous interview with TIME Magazine, the Wizards of Waverly Place alum spoke about her beauty brand, saying it wasn’t money that inspired its creation. “I never wanted it to be about making a lot of money and that’s it,” she told the outlet.
“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.”
Gomez ‘s brand has a core mission value of providing help for those struggling with mental health. She created the Rare Impact Fund with the goal of raising $100 million in the brand’s first 10 years.
