Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth (2024)

She is sooo back!

Selena Gomez is a legend, an icon, and honestly, she's really just ~the moment~. The multi-hyphenate just announced that she's not only recording her fourth solo studio album (stay tuned on that release), but she's releasing a brand new single on August 25, 2023.

So, in addition to her makeup brand, Rare Beauty, and her role as Mabel in the Emmy Award-winning series Only Murders in the Building (which is currently streaming its brand new season on Hulu), Selena is embarking on a brand new leg of her music career. You know what that means? More cash.

Selena's current ventures are earning her some big bucks, but she's been on the showbiz grind for many, many years. Case in point: she started her career at just 7 years old on Barney and Friends. Then, she was a part of perhaps one of the most iconic Disney Channel eras with her leading role in Wizards of Waverly Place, which also marked her break into the music industry. Since then, Selena's career hasn't slowed down much at all.

You may be saying to yourself, "Tell Me Something I Don't Know"! So, allow Women's Health to fill you in on just how much the actress, pop star, and makeup guru is earning these days.

How much did Selena make from Disney?

Although she's known for her Disney roots, Selena actually got her start on Barney & Friends. The actress made around $3,000 per episode according to Money Inc. Selena starred in around 13 episodes, per IMDb, so her salary comes out to roughly $39,000. In her recent My Mind & Me documentary, Selena said that she didn't want to slow down after booking Barney. "I loved my job," she said.

She moved to Los Angeles when she was about 11 years old, and went on to play smaller parts on The Suite Life of Zack & Cody and Hannah Montana (who remembers Mikayla?).

Selena's big break, though, came while playing the *It* girl of Wizards of Waverly Place, Alex Russo. Seriously, she made $30,000 per episode, per Cosmopolitan. And because the show was on for almost five years and filmed 106 episodes, that means she was raking in around $3.18 million.

Of course, she's also starred in several big films like Another Cinderella Story, Spring Breakers and Ramona and Beezus, which probably paid well, too.

How much as Selena Gomez made through music?

Selena has dropped three solo studio albums (Stars Dance, Revival, and Rare), her Spanish EP Revelación, and a compilation album since 2013. By 2016, she was worth $15 million just from music sales, per Money Nation. By 2017, she had sold 24.3 million songs and 3.4 million albums, according to Billboard.

And don’t even get me started on her tours—she reportedly made $35.3 million for her Stars Dance tour, which took place between 2013 and 2014, and $35.6 million for her Revival tour in 2016, according to Cosmopolitan. All in all, she's done two tours on her own, and three with her former band, Selena Gomez and the Scene, per Celebrity Net Worth.

How much does she make from Rare Beauty?

Rare Beauty is Selena’s line of vegan and cruelty-free makeup products that first launched in September 2020. One percent of all sales are donated to her Rare Impact fund, which helps people who are struggling with mental health issues.

The brand is Selena's biggest moneymaker. It legit made $60 million within its first year of launching, per TooFab. Its Soft Pinch Liquid Blush earned over $70 million alone in 2022, Bloomberg reported in July 2023. Rare Beauty is the third most successful celebrity beauty brand, following Rihanna's Fenty and Kylie Cosmetics, per Cosmetify.

How much does Selena make in Only Murders in the Building?

Well, her co-stars on Only Murders in the Building make $600,000 per episode, according to Variety, so it makes sense that Selena would probably make at least that much if not more. If that's the case, she likely made at least $12 million from the 20 episodes that have aired so far.

She's also a C.I.O. (Chief Information Officer)

Yup. Is there anything this star can't do? Selena launched her own mental health wellness site in 2022 called Wondermind, and in addition to helping her fans maintain daily wellness, it's also made her a ton of cash.

Serena Williams' venture capital firm, Serena Ventures, apparently gave Selena's company $5 million, per Forbes. This bumped Wondermind's worth up to $100 million in 2021, and obviously bumped up Selena's personal net worth, too.

She doesn't just sing and act, she's also a producer.

Yup, Selena has her own production company, July Moon Productions, which launched in 2008. She’s credited as an executive producer on 11 projects, two of which are 13 Reasons Why and Only Murders In The Building.

It's also the company behind Selena's iconic Selena + Chef, a show where Selena cooks with celebrity chefs. It's unclear how much Selena makes off these ventures, but considering she's an executive producer, she probably makes sure that she earns what she deserves.

Selena makes big money from sponsored content.

The 31-year-old has amassed 427 million Instagram followers (making her one of the most followed people on the app!), so it makes sense than she gets a lot of money from spon-con (sponsored content). She takes home about $1.735 million for each post according to the 2022 Instagram Rich List.

And don't forget about brand partnerships, either. Back in 2016, Coach paid Selena $10 million to work with them. The deal included the ability to have Selena create her own Coach line, per Celebrity Net Worth.

Meanwhile, Puma paid her $30 million in 2017 for a two-year deal that made her the face of the brand. She also has deals with Pantene and Coca-Cola. Sheesh!

Selena owns a $4.9 million home, plus a few others.

Her Encino property was originally custom-built by famed singer Tom Petty in the 1980s, according to Architectural Digest. She bought the 11,500 square-foot home back in 2020. It has an in-home recording studio, a massage room and gym, a wine cellar, and a large pool, per AD.

Real estate also seems to line Sel's wallet pretty well. She's bought and sold several other homes across the country, including in Forth Worth, Texas and several cities in California. She also obviously stays in NYC while filming Only Murders, but the deets on that residence remain under wraps.

How much is Selena worth right now in 2023?

Today, the "Come and Get It" singer worth roughly $800 million, a number which has really grown over the past year, according to Celebrity Net Worth. Selena's massive income increase is mostly thanks to Rare Beauty.

What’s next for her? Hopefully more blush offerings, and fingers crossed for yet another great season of Only Murders in the Building, which is streaming its first three seasons on Hulu.

I, personally, cannot wait for this single. I mean, I could, but why would I want to!

Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth (6)

Addison Aloian

Assistant Love & Life Editor

Addison Aloian is the assistant love & life editor at Women’s Health and a NASM-certified personal trainer (CPT). She covers all things lifestyle, astrology, relationships, and fitness. In her free time, you can find her lifting weights at the gym, running on the West Side Highway in New York City, and watching (and critiquing!) the latest movies that have garnered Oscars buzz. In addition to Women's Health, her work has also appeared in Allure, StyleCaster, L'Officiel USA, V Magazine, VMAN, and more.

Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth (7)

Olivia Evans

News Editorial Assistant

Olivia Evans (she/her) is an editorial assistant at Women’s Health. Her work has previously appeared in The Cut and Teen Vogue. She loves covering topics where culture and wellness intersect. In her free time, she enjoys cooking, running, and watching rom-coms.

Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth (2024)

FAQs

Selena Gomez Is *Almost* A Billionaire: See Her Full Net Worth? ›

Selena Gomez's net worth in 2024 is estimated at $800 million. This is astronomically more than the $95 million she was worth in 2022, and due largely to the success of Gomez's makeup line Rare Beauty, which she launched in 2020.

Who is richer, Justin Bieber or Selena Gomez? ›

The total worth of Selena Gomez is almost 2.5 times the net worth of the Biebers. As per Celebrity Net Worth, at present, Justin Bieber has a net worth of USD 300 million, whereas his wife, Hailey Bieber, who is the founder of Rhode Skin, has a total worth of USD 20 million.

How much is Rare Beauty worth in 2024? ›

The current price of Rare Beauty is over US$2 billion, as of 2024.

How much money does Selena Gomez make from Rare Beauty? ›

Selena Gomez's Rare Beauty Blush Hits Booming Revenue of $70M a Year. Selena Gomez's Rare Beauty Blush is on pace to triple the brand's net gain in 2023 after its clanging net revenue of $70 million in the previous year.

Who is richer rihanna or taylor? ›

Rihanna is worth a staggering $1.4 billion. Taylor Swift has a net worth of $740 million, and Beyonce is at $540 million. Other big name musicians on the list include Madonna, Dolly Parton, Celine Dion and Barbra Streisand.

Is Justin Bieber richer than Taylor Swift? ›

Who is richer, Justin Bieber or Taylor Swift? Swift is wealthier than her pop contemporary and nemesis Justin Bieber. Bieber has an estimated net worth of $300 million as of 2024 since selling his 291-song catalog.

How wealthy is Madonna? ›

2024 America's Self-Made Women Net Worth

One of the top pop divas of all time, Madonna has grossed an estimated $1.2 billion on the road in her career.

How rich is Taylor Swift? ›

Back in August 2017, Forbes reported that Taylor was worth $280 million. Then in June 2023, Forbes revealed that her net worth had increased to $740 million—up from $365 million in 2020. And now, as of February 2024? Bloomberg reported that Taylor's net worth is officially $1.1 billion.

Who is the richest singer in the world? ›

American rapper Jay-Z is the wealthiest music artist in the world, with Forbes estimating his net worth at $2.5 billion in 2024.

Who is the CEO of Rare Beauty? ›

Overview. Scott Friedman is the CEO at Rare Beauty. he attended UCLA Anderson School of Management.

What is Selena Gomez's weight now? ›

Selena Gomez weighs around 130 to 150 pounds currently. Her weight keeps fluctuating due to the medications she regularly takes for lupus. The medicines make her body retain water which leads to an increase in her weight.

What businesses does Selena Gomez own? ›

A: Selena Gomez has been involved in several business ventures. She launched her own makeup brand, Rare Beauty, in 2020. She is also an executive producer on the Netflix series '13 Reasons Why' and a co-founder of the mental health media company Wondermind.

Does Selena Gomez own 100% of Rare Beauty? ›

While she is the founder and the most visible face of the brand, like most business ventures, Rare Beauty has other investors and partners who share ownership. Being the founder, Selena played a crucial role in launching Rare Beauty and continues to be its driving force, both in creative direction and marketing.

Is Selena the CEO of Rare Beauty? ›

Despite what you might think, Selena Gomez does not hold the CEO title at Rare Beauty. Instead, she founded the brand and serves as its inspiration and driving force. As the founder, she's deeply involved in the brand's mission, product development, and marketing strategies.

Why is Rare Beauty so successful? ›

Its early success was not only driven by its association with Gomez but also by its refreshing approach to beauty. Gomez created Rare Beauty to challenge the beauty myth of physical perfection. It is all about using makeup as a tool for celebrating what makes people different, "owning what makes you rare".

How much money is Taylor worth? ›

Swift is now worth an estimated $1.3 billion–up from $1.1 billion in October and $740 million on the 2023 Self-Made Women list. The boost last fall came as a result of the first leg of her Eras Tour, which added an estimated $300 million to her fortune.

How much is Selena Gomez worth right now? ›

A: As of 2024, Selena Gomez's net worth is estimated to be $800 million. This wealth comes from her successful career in music, acting, and various business ventures.

Is Selena Gomez a billionaire? ›

The 31-year-old's net worth in 2024 is reportedly estimated at $800 million. This is a massive jump from her net worth estimated in 2022, which was reported at $95 million. The shift has been attributed primarily to the success of her beauty brand, Rare Beauty, that was launched in 2020.

How did Taylor get so rich? ›

Taylor has amassed a net worth of $1.1 billion from a few different avenues including; the revenue from her tours, the release of her music, her concert films and her real estate portfolio.

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