Is she really a billionaire like Taylor Swift?!

Selena Gomez has a jaw-dropping net worth: she's now a billionaire!

For years, Selena Gomez's immense talents made her famous and successful, yet still underappreciated.

In recent years, his first Emmy nomination and a few other recognitions have shown that at least a few people are discovering one of the greatest talents of the century.

Today, Selena's net worth has crossed the 10-figure mark.

What is Selena Gomez's net worth?

According to a report from Bloomberg, Selena Gomez a net worth of $1.3 billion. Billion. With a B.

This makes her one of the youngest self-made billionaires in the United States. Even younger than her longtime friend, billionaire Taylor Swift.

Net worth is an estimate of all one's assets – not just cash, but also the value of one's property and much more. But how did she build her staggering fortune?

Selena Gomez has been acting since she was little, appearing in Barney and his friends long before her rise to fame as a Disney star and phenomenal singer.

According to her own account, Selena grew up without much money. She described looking for change pads with her mother when things were tight.

As a teenager, she became famous, even known, notably when she played in Wizards of Waverly Place. Already, his personal life and alleged feuds and friendships with other Disney stars have become a hot topic.

How Did Selena Gomez Achieve Her Net Worth?

Obviously, Selena Gomez has earned millions from her acting and singing. She currently stars in Only murders in the buildingwhich would earn him $6 million per season.

Selena has released many albums and many singles. The song “Naturally” by Selena Gomez & The Scene is one of humanity’s greatest artistic achievements.

Moreover, Selena is the queen of Instagram. Her colossal social media following allows her to charge high fees for paid promotions, which she does very selectively. Instagram.

However, a major component of Selena Gomez's stunning net worth lies in Rare Beauty.

It's hard to believe, but it was only 5 years ago that Selena launched her wildly successful makeup line. However Rare is the title of one of Selena's albums, Rare Beauty continues to be a hit with influencers and teenagers.

According to the Bloomberg report, the “vast majority” of Selena's hard-earned wealth resides in the estimated value of Rare Beauty — and her stake in it.

There's much more, including Selena's interest in Wondermind, a mental health platform. Mental health is a subject close to her heart, even before her diagnosis of bipolar disorder.

Selena also owns various properties, has many partnerships and of course has her music and acting career.

And, again, while this doesn't directly translate to wealth (it almost does), Selena is the third most followed Instagram account in the world. She is the most followed woman on the planet and the most followed account not belonging to a footballer.

Congratulations to Selena Gomez on her staggering net worth. Given her altruistic inclinations, we can't wait to see how she manages her wealth.