$799 Million

Info

Category: Singers
Net Worth:$800 Million
Date of Birth:Jul 22, 1992
Place of Birth:Grand Prairie
Gender:Female
Height:5 ft 4 in
Profession:Singer, Actor, Fashion designer, Music artist, Voice Actor, Dancer
Nationality:United States of America

What is Selena Gomez Net Worth and Salary?

Selena Gomez, the mesmerizing American singer, actress, and social media sensation, holds a staggering net worth of $ million. Her incredible success can be largely attributed to her immensely popular makeup company, Rare Beauty, which has been a major contributor to her financial prosperity.

From her early days as a child actress on “Barney & Friends,” Selena Gomez has risen to become one of the brightest stars in the entertainment world. Unlike some of her fellow Disney star peers who faced dramatic challenges, such as Lindsay Lohan, Amanda Bynes, Britney Spears, and Demi Lovato, Selena has gracefully managed her fame, a hectic schedule, and her high-profile romance with Justin Bieber, displaying an admirable level of composure.

Starting her career at the tender age of 7 on “Barney & Friends,” she soon became a part of the Disney Channel, making notable appearances on “Hannah Montana” during its second and third seasons. In 2007, Selena secured a leading role in the popular series, “Wizards of Waverly Place,” catapulting her to greater heights. Throughout her journey, she has enchanted audiences with her acting, dancing, and singing talents, starring in movies like “Another Cinderella Story,” “Princess Protection Program,” and “Ramona and Beezus.” Recently, she dazzled on the Hulu series “Only Murders in the Building,” sharing the screen with the legendary Steve Martin and Martin Short.

Music is another realm where Selena has thrived, releasing three studio albums as part of Selena Gomez & The Scene, all earning Gold status.

With an extensive following on social media, Selena Gomez is one of the most sought-after endorsers in the world. Her TikTok boasts over 58 million followers, while her Instagram account has reached an astounding milestone of 420 million followers, making her the first woman to achieve the 400 million benchmark on the platform. Furthermore, her YouTube channel has garnered a remarkable 33 million subscribers and an astonishing 13 billion views.

Beyond her artistic pursuits, Selena is also a compassionate UNICEF Goodwill Ambassador, dedicating her time to meaningful causes.

The entrepreneurial spirit in Selena shines brightly, as she has invested in diverse ventures, including co-ownership in the delightful ice cream brand Serendipity. Additionally, she successfully launched her very own makeup line, “Rare Beauty,” in September. Notably, she co-founded the groundbreaking mental health platform, “Wondermind,” and also invested in the innovative food delivery company, Gopuff.

Selena Gomez’s journey to success has been nothing short of emotional and inspiring, as she continues to captivate audiences and make a positive impact on the world. Her net worth is a testament to her remarkable talent and unwavering determination, setting her apart as a true superstar in every sense of the word.

Rare Beauty & Other Investments

Beyond her incredible talents in acting and singing, Selena Gomez’s journey as a highly-successful investor and entrepreneur evokes feelings of admiration and inspiration.

In 2020, Selena embarked on a deliciously sweet venture, becoming an investor and co-owner of the ice cream brand Serendipity. This venture reflects her passion for delighting people’s senses and creating joyful experiences.

But her entrepreneurial spirit doesn’t stop there. Selena is also the compassionate co-founder of a groundbreaking mental health startup called Wondermind. In August 2022, Wondermind achieved a significant milestone, raising $5 million at a staggering $100 million valuation. Notably, the round was led by none other than the remarkable Serena Williams’ venture fund, Serena Ventures, alongside esteemed partners Lightspeed Venture Partners and Sequoia Capital. Wondermind’s noble mission revolves around mental fitness, providing a sanctuary of support through various channels like social media, web content, a newsletter, and an enlightening podcast. This venture showcases Selena’s heartfelt dedication to making a positive impact on people’s well-being.

However, one of the most remarkable and transformative ventures in Selena’s life is her brainchild, Rare Beauty. Founded in September 2020 with an exclusive launch at Sephora, Rare Beauty has become an awe-inspiring success story. In 2022 alone, the company generated an astounding $100 million in revenue, a testament to Selena’s visionary leadership and creative brilliance. Reports indicate that Rare Beauty is poised to surpass even greater heights in 2023, potentially reaching an impressive $300 million in revenue. By conservative estimates, Rare Beauty’s current worth stands at a remarkable $1.2 billion, a truly extraordinary accomplishment.

What sets Rare Beauty apart is its commitment to inclusivity, offering moderately-priced, accessible, and user-friendly products like lip liners, liquid blushes, and liquid foundations that empower people to express their true selves. Beyond mere profit, Selena has infused the brand with a heart of gold, ensuring that 1% of all sales go to a dedicated philanthropic fund. To date, the fund has already raised over $5 million, a shining testament to Selena’s commitment to giving back and making a meaningful difference in the lives of others.

Selena Gomez’s journey as an investor and entrepreneur is nothing short of emotional, a tale of determination, compassion, and transformative success. Her ventures reflect not only her business acumen but also her deep-seated desire to create positive change in the world. As Selena’s net worth continues to soar, it is evident that her contributions to both the business world and philanthropy will leave an indelible mark on generations to come.

Early Life

Selena Gomez’s journey from her humble beginnings in Grand Praire, Texas, to becoming a global superstar is a tale of resilience and determination.

Born on July 22, 1992, to parents Ricardo Joel Gomez and Amanda Dawn (Mandy) Cornett, Selena’s early life was marked by the challenges that often accompany young parents. Her mother, just sixteen at the time of Selena’s birth, faced the daunting task of raising a child while navigating the complexities of life. Despite the obstacles they encountered, Selena’s parents bestowed upon her a name that would later become synonymous with greatness – an homage to the renowned singer Selena Quintanilla-Perez.

When Selena was only five years old, her parents made the difficult decision to part ways, leaving her in the care of her devoted mother. As they faced financial difficulties, Mandy valiantly took on the responsibility of providing for Selena and herself.

Despite the hurdles they faced, Selena’s determination and commitment to her education remained unwavering. Through homeschooling, she pursued her studies diligently, eventually earning her high school diploma in May 2010. Her dedication to her education was a testament to her strong will and desire for a better future.

From these humble beginnings, Selena Gomez’s journey of triumph and success began to unfold. Her talent, charm, and hard work catapulted her to become one of the most celebrated artists in the entertainment industry. But beneath the glitz and glamour, her grounded roots and heartfelt story continue to inspire countless individuals around the world.

Selena’s rise to stardom is a reflection of her unyielding spirit and the love and support she received from her mother during challenging times. Her journey serves as a beacon of hope, reminding us all that with determination, perseverance, and a dream, anything is possible.

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Early Career

Selena Gomez’s journey in the entertainment world began with her early television roles, marking the start of her illustrious career.

From 2002 to 2004, Selena graced the screens as “Gianna” on the beloved children’s show “Barney and Friends.” During her time on the show, she showcased her talent and charisma in 14 episodes, captivating young audiences with her bright smile and infectious energy. Notably, Selena’s time on “Barney” was shared with fellow actor Demi Lovato, setting the stage for a lasting friendship between the two talented young stars.

Around the same time, in 2003, Selena Gomez made a memorable cameo appearance in the film “Spy Kids 3-D: Game Over,” displaying her versatility as an actress at a young age. Her performance left an indelible mark on the hearts of moviegoers.

Continuing her ascent, Selena took on a role in the made-for-TV movie “Walker, Texas Ranger: Trial by Fire” in 2005, further honing her acting skills and solidifying her presence in the entertainment industry.

In 2006, Selena graced the Disney Channel with her guest appearance on “The Suite Life of Zack & Cody,” where she charmed audiences with her magnetic presence.

Her talent and charisma caught the attention of Disney once again in 2007, leading to a recurring role in the wildly popular series “Hannah Montana.” In this role, Selena portrayed a rising pop star, effortlessly showcasing her musical talents alongside her acting prowess. Her performance in “Hannah Montana” endeared her to a wide audience, marking the beginning of her journey towards international stardom.

These early television roles not only kick-started Selena Gomez’s remarkable career but also laid the foundation for her incredible success in the world of entertainment. Her dedication and passion for her craft have made her a true icon, inspiring generations of fans and leaving an unforgettable mark on the entertainment industry.

Acting Career

Selena Gomez’s breakout TV role came with the highly popular show “Wizards of Waverly Place,” which aired a total of 106 episodes from 2007 to 2012. In this enchanting series, Selena portrayed the charismatic and magical character, Alex Russo, captivating audiences with her spellbinding performance. The show’s success catapulted her to the pinnacle of fame, solidifying her status as a rising star in the entertainment world.

The magic didn’t end with the TV series alone; “Wizards of Waverly Place” also graced the big screen with two captivating movies. Selena’s talent and charm shone brightly in these films, further endearing her to fans worldwide.

Her work on “Wizards of Waverly Place” was not only creatively fulfilling but also financially rewarding. For each episode of the show, Selena was paid an impressive $30,000, a testament to her rising star power and the immense popularity of the series.

Beyond her television success, Selena Gomez’s talent extended to the silver screen, where she showcased her acting prowess in various films. Her performances garnered critical acclaim and added further luster to her already illustrious career.

Recently, Selena embarked on a new chapter in her journey as an entertainment powerhouse, launching her very own production company, July Moon Productions. This move showcases her passion for storytelling and her desire to create compelling and meaningful content for audiences around the world.

As Selena Gomez continues to shine brightly in the entertainment world, her journey remains an awe-inspiring tale of talent, dedication, and growth. Her breakout role in “Wizards of Waverly Place” marked the beginning of a remarkable journey that has taken her to remarkable heights, solidifying her place as an iconic and beloved figure in the hearts of millions. With her production company paving the way for new creative ventures, the world eagerly awaits the next enchanting chapter in Selena’s extraordinary career.

Music and Other Ventures

Selena was signed at 16 years old to Hollywood Records, the same label that had already signed Miley Cyrus and Demi Lovato. She has released three studio albums, two EPs, and one compilation album. Gomez was also the lead singer of the band Selena Gomez and the Scene. They released three studio albums and one remix album. She has done two solo tours and three tours with her former band.

In September 2017 it was revealed that Selena had signed a two-year $30 million endorsement deal with the shoe company Puma. The deal makes Selena the new face of Puma alongside Rihanna. She is an Executive Producer of the Netflix series 13 Reasons Why and Living Undocumented.

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$30 Million Puma Deal

In September of 2017, Selena Gomez became the face of the renowned activewear company, Puma, in a groundbreaking two-year deal worth an impressive $30 million. The news of this collaboration sent ripples of excitement throughout the fashion and athletic wear industries.

With an air of excitement, Selena announced her partnership with Puma via her Instagram account, captivating fans with a photo of herself donning Puma gear and the caption “Officially a part of the fam @puma #pumapartner.” Her genuine enthusiasm for this venture was palpable, and fans eagerly anticipated the exciting projects that lay ahead.

In a press release, Selena Gomez expressed her excitement for the collaboration, recognizing Puma’s significant impact on the fusion of athletic wear and fashion. She eagerly anticipated the chance to contribute her creativity and talent to this dynamic partnership. The promise of creating something special together added an aura of mystery and anticipation to this extraordinary venture.

Adam Petrick, Global Director for Brand and Marketing at Puma, heaped praise upon Selena, recognizing her authenticity, creativity, and fearlessly real nature. He admired her openness and honesty about living with Lupus, hailing her as an inspiring role model for today’s female consumers. Selena’s ability to exude confidence, poise, and determination resonated deeply with people, making her a perfect fit for Puma’s brand values. Adam acknowledged that Selena’s resilience and willingness to face challenges head-on aligned perfectly with Puma’s ethos of fighting and persevering. Beyond merely representing the brand, Selena Gomez was set to define and elevate Puma’s women’s business in ways that would capture the hearts and minds of countless individuals.

Selena’s first appearance for Puma took place in a campaign for the Phenom, one of Puma’s latest women’s footwear lines. Her captivating presence in the campaign further solidified her position as a formidable force in the world of fashion and athletic wear. As fans eagerly embraced her collaboration with Puma, it became clear that this partnership would be nothing short of groundbreaking.

Selena Gomez’s alliance with Puma not only showcases her as a powerful brand ambassador but also reinforces her status as a symbol of empowerment and strength. Through this exciting venture, Selena continues to inspire and uplift countless individuals worldwide, proving that she is not only an exceptional artist but also an influential and trailblazing figure in the realm of fashion and beyond.

(VALERIE MACON/AFP/Getty Images)

$10 Million Coach Deal

In December 2016, at the young age of 24, Selena Gomez inked an impressive $10 million endorsement deal with the esteemed bag maker, Coach, propelling her further into the realms of fashion and luxury. The agreement not only designated Selena as the fresh face of the brand but also afforded her the opportunity to create her very own line for Coach. This collaboration represented a pivotal moment for both Selena and the renowned brand.

With Selena being the most followed person on Instagram at the time, Coach saw the potential to tap into a younger demographic while still retaining its loyal and mature customer base. By enlisting Selena’s star power and influence, Coach aimed to attract a new generation of clientele, embracing the mantra of a “new day at Coach.”

Stuart Vevers, the creative director of Coach, exuded enthusiasm for this exciting partnership. He emphasized the importance of exploring the desires and aspirations of the next generation in luxury and fashion. Guided by the brand’s rich history, Stuart was determined to bring a bold and forward-looking approach, ensuring that Coach remained relevant and enticing to the evolving tastes of the modern audience.

Despite being recognized as a “heritage” brand for older individuals by some, Coach demonstrated its commitment to connecting with the younger demographic. The brand’s 75th-anniversary celebration featured a lineup of youthful stars, including Michael B. Jordan, Diplo, and Zoë Kravitz, showcasing Coach’s concerted efforts to appeal to the next wave of consumers. Selena Gomez’s signing became a significant stride in this direction, reinforcing Coach’s resolve to resonate with the new generation and expand its influence in the world of fashion.

Selena’s collaboration with Coach not only elevated her position as a trendsetter and style icon but also marked a crucial moment for the brand’s evolution. As Selena’s star continued to rise, her influence on fashion and luxury resonated deeply with a vast audience, solidifying her role as a vital partner in Coach’s ongoing journey towards captivating a diverse and ever-changing market.

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Earnings from Instagram

For a considerable duration, Selena Gomez held the title of the most-followed person on Instagram, amassing a staggering following of over 420 million devoted fans to this day. Her vast reach and influence on the platform have not gone unnoticed, with her Instagram posts holding incredible value for brands seeking to collaborate with her.

It is estimated that a single Instagram post from Selena can command a jaw-dropping $3.5 million from brands eager to leverage her massive following and engage with her dedicated audience. Her influence as a social media mega-star has made her a highly sought-after partner for sponsored posts, and she is known to earn anywhere between $500,000 to $800,000 for each collaboration.

Taking into account her ventures with Coach, Puma, and her Instagram endeavors, Selena Gomez’s annual earnings amount to an impressive $10-15 million. While this is an extraordinary sum by most standards, it falls just shy of the top 100 highest-paid celebrities in the world. Nevertheless, it is evident that Selena’s focus may not solely be on amassing vast wealth, as she seemingly prioritizes staying grounded and maintaining a sense of authenticity.

Despite her immense success and widespread fame, Selena Gomez continues to exude a humble and down-to-earth demeanor, displaying a preference for a more low-key lifestyle. Rather than solely chasing the spotlight, she appears committed to using her platform to make a positive impact, leveraging her influence for philanthropic endeavors and to raise awareness about important issues close to her heart.

Selena’s ability to balance her extraordinary success with humility and a dedication to meaningful causes is a testament to her character and highlights the kind of role model she has become for her fans worldwide. Her journey serves as an inspiration to many, showing that success can be achieved while staying true to oneself and using one’s influence for the greater good.

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Personal Life

Throughout her life, Selena Gomez’s romantic relationships have garnered significant attention and media scrutiny. In 2008, she briefly dated Nick Jonas, one of the Jonas Brothers, which sparked interest among their fans and the media.

However, the most notable and controversial relationship in Selena’s life was with fellow pop-star Justin Bieber. Their on-again-off-again romance became the subject of intense public interest and speculation. The couple dated seriously for two years, from December 2010 to November 2012, before parting ways, only to reunite again and repeat the cycle multiple times over the years, including in 2013, 2014, 2015, and 2017. The ups and downs of their relationship were widely covered by the media, and their passionate connection and frequent breakups were scrutinized by fans and critics alike.

At times, the stress and challenges of their high-profile relationship reportedly took a toll on Selena Gomez’s well-being. It is said that the strain became so overwhelming that she sought help and entered a rehabilitation facility to address her emotional struggles.

In addition to her relationship with Justin Bieber, Selena also had a serious romance with The Weeknd, a Canadian singer and songwriter. They dated from January 2017 to October 2017. The end of their relationship was reflected in The Weeknd’s album “My Dear Melancholy,” released in March 2018, which contained several references to Gomez.

In the midst of the ups and downs of her personal life, Selena has emphasized the importance of her friendships in the industry. She has referred to Taylor Swift, the renowned singer-songwriter, as her “only” friend in the entertainment world. This close bond with Taylor has provided Selena with a steadfast source of support and camaraderie amid the challenges of fame and public attention.

Through all the highs and lows of her personal life, Selena Gomez has navigated the complexities of fame with resilience and grace. Her experiences have made her not only a talented artist but also a relatable figure for many, demonstrating that even amidst fame and fortune, emotional struggles and the quest for true friendship remain universal themes.

Philanthropy

Selena Gomez’s philanthropic efforts are a testament to her compassionate nature and her dedication to making a positive impact in the world. She actively volunteers her time and supports a diverse range of causes, leveraging her platform and star power to raise awareness and create change.

Selena works closely with UNICEF, serving as the organization’s ambassador to the trick-or-treat fundraising program. In 2009, she embarked on a transformative journey to Ghana, witnessing firsthand the harsh conditions faced by impoverished children who lacked basic necessities like clean water and nourishment. Through her association with UNICEF, Selena used her influence to shine a spotlight on the plight of the Ghanaian children, bringing much-needed attention to their struggles.

Apart from her involvement with UNICEF, Selena serves as the ambassador for DoSomething.org, a nonprofit organization focused on empowering and mobilizing young people to take action on social issues. She also supports RAISE Hope for Congo, an initiative aimed at raising awareness about the ongoing conflict and humanitarian crisis in the Democratic Republic of Congo.

In 2012, Selena was appointed as the ambassador of the Ryan Seacrest Foundation, further cementing her commitment to philanthropy and her dedication to uplifting the lives of others. She is renowned for frequently visiting children’s hospitals, providing comfort and joy to young patients battling illnesses.

Additionally, Selena has actively engaged in public service campaigns, collaborating with State Farm Insurance as a spokesperson. Her involvement in commercials aired on Disney aimed to raise awareness about safe driving, emphasizing the importance of responsible behavior on the road.

Through her extensive philanthropic endeavors, Selena Gomez exemplifies the true essence of a caring and compassionate global citizen. Her genuine dedication to various causes and her efforts to use her platform for positive change have touched the lives of many and have inspired her fans and peers alike to contribute to the betterment of society. Selena’s commitment to making a difference serves as a reminder that even in the glitz and glamour of fame, one can find purpose and fulfillment in giving back to the community and helping those in need.

Health Issues

Selena Gomez has faced several significant health challenges in her life, demonstrating her resilience and bravery in overcoming them.

In 2014, Selena was diagnosed with Lupus, an autoimmune disease that can cause various health complications. Despite dealing with this chronic condition, she continued to pursue her career and philanthropic endeavors, inspiring others with her strength and determination.

In September 2017, Selena underwent a life-saving kidney transplant, with her friend and fellow actress Francia Raisa generously donating her kidney. The transplant was a critical milestone in Selena’s journey, highlighting the power of friendship and the importance of organ donation in saving lives.

In April 2020, Selena shared with the public that she had been diagnosed with Bipolar Disorder, a mental health condition characterized by extreme mood swings and shifts in energy levels. Opening up about her mental health struggles, she further broke the stigma surrounding mental illness and encouraged others to seek help and support.

In November 2022, Selena bravely revealed that she had experienced an episode of psychosis in 2018. Psychosis is a mental state characterized by a detachment from reality, and it can be challenging to talk openly about such experiences. By sharing her story, Selena demonstrated courage and advocated for more understanding and empathy towards individuals dealing with mental health issues.

Through her openness about her health challenges, Selena Gomez has become a powerful advocate for both physical and mental health awareness. Her willingness to share her personal journey has resonated with many, inspiring them to seek help and support when facing their own health battles.

Despite the hurdles she has encountered, Selena continues to thrive as an artist, philanthropist, and role model for her fans. Her journey is a testament to the importance of self-care, seeking professional help when needed, and advocating for greater awareness and support for individuals dealing with both physical and mental health conditions. Selena’s strength and resilience have touched the hearts of many, proving that one can face adversity with grace and emerge stronger than ever before.

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Selena Gomez Net Worth Milestones

Selena Gomez’s financial journey is a testament to her incredible talent and hard work in various fields, as well as her successful business ventures and endorsements.

Back in December 2009, when she was just 17 years old and starring in “Wizards of Waverly Place,” Selena Gomez had a net worth of $1 million. At the time, she was earning a respectable $30,000 per episode for her work on the show, which contributed significantly to her early net worth. As her popularity and career continued to soar, she earned over $3 million for her role on “Wizards of Waverly Place.”

By 2011, Selena’s net worth had already surpassed $5 million, showcasing her success in both acting and music endeavors. Her debut solo album release in April 2013 further boosted her net worth, helping her break the $10 million mark.

Selena’s meteoric rise on social media, especially on Instagram, played a pivotal role in increasing her net worth. By 2015, thanks largely to her massive following on the platform, her net worth had climbed to over $18 million.

The following years saw Selena Gomez venture into various business opportunities and high-profile endorsement deals. Partnerships with Puma and Coach, combined with her album sales, successful singles, and continued acting career, led to a significant increase in her net worth. By mid-2018, her net worth had soared to an impressive $60 million.

As of 2019, Selena Gomez’s net worth was reported to be $75 million, reflecting her continued success and financial achievements.

Selena’s journey from a young actress to a multi-talented and prosperous artist and entrepreneur is a remarkable story of talent, determination, and business savvy. Her diverse endeavors and ability to leverage her fame into successful ventures have secured her a prominent position in the entertainment industry and the business world. Selena Gomez’s impressive net worth is a testament to her dedication and ability to thrive in multiple domains, making her an inspiration to many aspiring artists and entrepreneurs.

Real Estate

Throughout her successful career, Selena Gomez has invested in several impressive properties, showcasing her taste for luxury and real estate ventures.

In July 2011, Selena acquired a stunning 4,500 square-foot home in Tarzana, California, for $2.175 million. The single-story residence, previously owned by rising star Jonah Hill, sits on a spacious acre of land and boasts five bedrooms and five bathrooms. The property features a large eat-in kitchen, an office space, high ceilings, abundant natural light, and beautiful hardwood floors. Outside, the backyard offers a spa, a pool, a tennis court, and a bocce ball court. After enjoying the property for a few years, she listed it for sale in May 2014 for $3.495 million and successfully sold it for $3.45 million in October of the same year.

In 2014, Selena invested $3.69 million in a luxurious house spread across 3.15 acres within a gated community in Calabasas. While she later attempted to sell this property for $4.495 million, she ultimately sold it at a small loss to rapper French Montana. The rapper listed the house for $6.6 million in February 2020.

In 2015, Selena purchased an expansive home in Fort Worth, Texas, although the exact purchase amount is undisclosed. She later listed the house for $3.499 million in 2016 and 2017 and relisted it in 2018 for $2.999 million. The property was sold in October 2020 for $2.4 million.

In 2017, Selena invested $2.249 million in a relatively modest (considering her wealth) home in Studio City, California. However, she listed it for sale just a year later for $2.799 million, eventually selling it for $2.3 million.

Most recently, in April 2020, Selena purchased an impressive 11,500 square-foot home in Encino, California, for $4.9 million. The house was custom-built by the late Tom Petty in the late 1980s, and when he divorced, the property was given to his ex-wife. Unfortunately, she faced foreclosure in 2015. Selena acquired the house from a non-celebrity owner who had owned it for less than a year, making a profitable $400,000 gain on the sale.

Selena Gomez’s real estate investments reflect her desire for both comfort and luxury. Her property portfolio demonstrates her astute business decisions and ability to make profitable transactions in the real estate market. As her net worth continues to grow, it’s no surprise that she invests in impressive properties that match her successful career and lifestyle.