Selena Gomez is the Latest Celebrity Mogul to Join the Billion-Dollar Club

The singer and actress's beauty brand, Rare Beauty, has made her a billionaire, according to Forbes.

Selena Gomez has joined the ranks of the world's billionaires, according to Forbes. The singer and actress's beauty brand, Rare Beauty, has helped her amass a net worth of $1.3 billion, the magazine reported on Wednesday.

Rare Beauty's Success

Rare Beauty was launched in 2020 and has quickly become a top-selling brand in the beauty industry. The brand is known for its inclusive products, which are designed for all skin types and tones. Rare Beauty's products are also vegan and cruelty-free.

The brand's success has been driven by Gomez's large following on social media. She has over 300 million followers on Instagram, and she has used her platform to promote Rare Beauty to her fans.

Gomez's Other Ventures

In addition to her success with Rare Beauty, Gomez has also had a successful career in music and acting. She has released several hit albums and singles, and she has starred in several popular movies and television shows.

Gomez's other ventures include a clothing line, a fragrance line, and a production company. She is also involved in several philanthropic endeavors, including her work with UNICEF.

Conclusion

Selena Gomez is a successful businesswoman and entertainer. She has built a billion-dollar empire with her beauty brand, Rare Beauty. She is also a role model for young people around the world.