CELEBRITY
Selena Gomez soon followed her best friend Taylor Swift into the billionaire’s club 👇
Two famous female singers in Hollywood – Taylor Swift and Selena Gomez – became the richest close friends in the American entertainment industry. Swift and Gomez met and became friends 16 years ago, when they were both dating the Jonas brothers.
This month, Taylor Swift (34 years old) was officially included in the list of USD billionaires by the prestigious financial magazine Forbes (USA). This is 17 years after Swift officially launched her journey to become a professional female singer.
Swift has now joined the top 14 USD billionaires among cultural and sports stars. She has an estimated fortune of up to 1.1 billion USD. This fortune was calculated by Forbes based on revenue from the Eras tour, the value of Swift’s musical fortune and her real estate collection across the United States.
This achievement of Swift is especially impressive, because she built her fortune mainly based on her singing career and did not focus on business activities. Meanwhile, Swift’s close friend – singer Selena Gomez (31 years old) – has also built a fortune of about 800 million USD.
Unlike Swift, Gomez got rich mainly through business activities. Among them, the most notable is the cosmetic brand Rare Beauty founded by Gomez 4 years ago. This brand is doing brisk business.
Rare Beauty’s sales in 2023 are estimated to exceed 300 million USD. This sales level is three times higher than the sales achieved in 2022. Previously, 2022 sales were already double the sales of 2021.
With sales increasing exponentially each year, the cosmetic brand Rare Beauty is catching the eye of many “big men” in the cosmetics industry. The “big guys” certainly have ambitions to acquire Gomez’s brand.
It is likely that Selena Gomez, after building a successful brand, will resell Rare Beauty at a high price and receive a huge sum of money.
Many experts in the financial field estimate that Selena Gomez’s cosmetics brand currently has a market value of more than 2 billion USD. Selena can quickly join the USD billionaire club by starting her own business or reselling the brand. The fact that Swift and Gomez join the USD billionaires club is something that will happen in the near future.
Besides her lucrative cosmetics business, Selena Gomez is also a talented filmmaker. Singer Selena Gomez also successfully tried her hand at acting and film production. Gomez’s salary is currently at $600,000 per TV episode. In fact, in recent years Gomez has been more active in acting and making movies than singing.
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