It is a curious thing when a once-purple-dinosaur-friend finds herself not just at the helm of pop charts and TV screens but with one foot poised at the Academy Awards and the other on the Billionaire list. As if being a bankable star was not good enough, Selena Gomez has turned business tycoon and then billionaire curtsy of her lustrous career ranging from Hollywood to the beauty and cosmetics arena.

In just over a few years, Selena Gomez has given us a step-by-step visual guide to what it takes to turn a childhood novelty into a billion-dollar empire, and spoiler alert it does not just involve showing up with the picture-perfect makeup look, but also owning the company that sells it.

Selena Gomez has always kept the wheel churning. Therefore, it does not come as a surprise that the singer has managed to churn straw into gold or, more specifically, a net worth of $1.3 billion according to Bloomberg. Gomez's rise to the ranks has been anticipated since last year owing to the rapid growth rate of beauty brand, Rare Beauty. Estimated to be around $900 million last year, Gomez has allegedly reached out to investors for a $2 billion valuation for Rare Beauty, leaving even the best monopoly players blushing.

The starlet has managed to turn her passion into a billion-dollar company in a mere five years, a feat that looks even more admirable next to her achievement of becoming one of the youngest self-made billionaires at thirty-two. While Rare Beauty does have the largest stake in her billion-dollar net worth, Gomez also receives a fat $6 million cheque per season of Only Murders in the Building. Moreover, her 425 million Instagram followers and the extravagant brand deals that come with it do not harm her pocket either.

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Apart from these daily pennies, Selena Gomez has been the star for a generation as she navigated stardom from childhood to now at thirty-two joining the billionaire list alongside her best friend, Taylor Swift.

With the brouhaha surrounding the economic hike that Taylor Swift's Eras Tour is bringing in its wake, it does not come as a surprise that Swift has got big billion bucks in her bank account. While Swift's net worth mostly stems from her ultra-successful music career, Selena Gomez has earned the title of a jack of all trades. 

Both Selena Gomez and Taylor Swift have been in the industry since their nascent days, however, it is only now that the two have acquired the big title. Swift was first recognized as a billionaire in 2023 by Forbes owing to the massive success of the Eras Tour and now her favorite red-carpet date has joined her on the billionaire list to amp up the ante.

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