Selena Gomez: Billionaire Beauty, Unbreakable Bonds, and Making a Rare Impact

Selena Gomez BioSnap a weekly updated Biography.

Selena Gomez has had a remarkable week that blends personal joy, professional momentum, and major business impact. Fresh off her highly publicized marriage to Benny Blanco on September 27, Selena turned social media abuzz by posting a new Instagram carousel on October 6. The post featured intimate behind-the-scenes moments with her close friend Taylor Swift from the wedding preparations, including candid clips of them laughing and celebrating together—a visual feast for fans and proof of their enduring two-decade friendship. Selena punctuated her appreciation by including a screenshot of The Fate Ophelia, the headline track from Swift’s just-released The Life of a Showgirl, and she called Swift “forever and always” in her heartfelt caption, which melted the internet according to coverage from Amomama and The National Desk.

In business headlines, Selena’s beauty empire Rare Beauty continues to drive her fortune. Bloomberg’s latest figures place her net worth at $1.3 billion, staking her claim among the world’s youngest self-made billionaires and putting her far ahead of her former flame Justin Bieber, as reported by Parade and Bloomberg News. This feat is largely thanks to the meteoric growth of Rare Beauty—its annual revenue hit $400 million by February 2024 and it stands as one of the fastest-growing lines in the industry.

The company’s broader impact is equally significant. On October 2, Sephora and Rare Beauty announced the return of the Make A Rare Impact campaign for World Mental Health Day. For the third consecutive year, Sephora is donating all revenue from Rare Beauty fine fragrance sales over a three-day period to the Rare Impact Fund, which was founded by Selena in 2020 to expand global mental health support for youth. To date, the fund has raised over $20 million and supports 30 organizations on five continents, as highlighted by PR Newswire. Selena herself voiced pride in the initiative, emphasizing the mission to help young people feel seen and supported.

Selena continues to headline Hulu’s Only Murders in the Building, retaining her star power as both actress and producer, and commanding roughly $6 million per season according to Bloomberg News. Her personal and professional milestones have generated continuous social media chatter and mainstream press, culminating in headlines that herald her as a pop-cultural force with deep philanthropic conviction and enduring popularity. Speculation about her shifting billionaire status persists, with Forbes suggesting a correction downward due to her startup Wondermind, but with Bloomberg standing firm on the $1.3 billion figure. Regardless of qualifier, Selena Gomez’s ascent—in business, entertainment, and activism—shows zero sign of slowing down.

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