Selena Gomez turns 31! The talented actress and former Disney Channel star enjoyed her milestone birthday on Saturday, July 22, surrounded by the love and support of her fans and loved ones.
The social media sensation expressed her gratitude for her over 400 million followers through a series of Instagram posts, sharing glimpses from her star-studded birthday bash.
As we celebrate Selena, let’s also explore her impressive net worth, which surpasses expectations.
What is Selena Gomez’s Net Worth?
According to Celebritynetworth.com, Selena’s net worth stands at an astounding $800 million, making her the wealthiest among her fellow Disney alumni. This figure even exceeds the net worth of her close friend Taylor Swift, currently at a substantial $600 million (excluding revenue from The Eras Tour).
© InstagramThis impressive fortune has been accumulated not only through her successful career as an actress and singer-songwriter but also as a producer, entrepreneur, beauty mogul, mental health advocate, lucrative endorsements, and her influential presence on social media.
What Contributes to Selena Gomez’s Net Worth?
Acting played a significant role in Selena’s rise to fame, starting with her screen debut at the age of ten on Barney & Friends. Notable roles in Hannah Montana, Wizards of Waverly Place, Another Cinderella Story, and other Disney productions propelled her stardom.
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As an adult, she expanded her acting repertoire with diverse projects such as Spring Breakers and the highly acclaimed series Only Murders in the Building, which has gained immense popularity on the Hulu platform.
© Getty ImagesSelena also takes on producing roles for successful series like Only Murders, as well as 13 Reasons Why, Living Undocumented, and Selena + Chef, which earned her a Daytime Emmy nomination.
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In the music realm, Selena has enjoyed considerable success from her early years with the band Selena Gomez & The Scene, to her solo career, boasting three number one albums and nine top ten singles.
© InstagramHer most lucrative venture is her entrepreneurship, particularly her cosmetics brand Rare Beauty. Since its launch in 2019, the brand has achieved remarkable success, generating nearly $60 million in revenue in its first year alone.
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Selena is widely recognized for being the face of renowned brands such as Coach, Louis Vuitton, Pantene, Adidas, and Puma. She also invests in and holds stakes in brands like Serendipity ice cream and Gopuff. Additionally, she collaborated on her own line of cookware with Our Place last year.
© Getty ImagesIn addition, Selena holds the distinction of being the most followed woman on Instagram, with an impressive 426 million followers (as of writing). It is reported that each of her sponsored posts earns around $1.7 million.
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Moreover, Selena has made a name for herself in advocacy, particularly in the realm of mental health. On her birthday, she encouraged her fans to donate to the Rare Impact Fund, a nonprofit organization focused on raising awareness about mental health.
© InstagramShe wrote: “I am incredibly grateful for so much in my life, and one thing I’m most thankful for is the opportunity to work alongside the Rare Impact Fund through @Rarebeauty. Because of YOU, we have been able to raise awareness and improve access to mental health services for young people. This is my true passion in life.
“If you are wondering what I want for my birthday, I kindly request that you do not get me anything. Instead, I encourage you to donate to the Rare Impact Fund. Having the means, please consider making a donation to help us create a positive impact.”
