Singer, songwriter, actor, and businesswoman Selena Gomez has worn many hats in her career—and has amassed a net worth of $1.3 billion doing so, according to Bloomberg.

Gomez officially became a billionaire in September 2024, largely driven by the success of her makeup brand, Rare Beauty, in which she owns a stake worth over $1 billion, according to Bloomberg.

In addition to her beauty brand, the 32-year-old star also has a successful music and acting career, and executive produced projects including "Only Murders in the Building", and "13 Reasons Why". Here's a breakdown of how Selena Gomez made her millions. 

Acting

While Gomez made her acting debut on "Barney & Friends" in 2002, she rose to fame for her role as Alex Russo on Disney’s "Wizards of Waverly Place", where she reportedly earned $30,000 per episode, according to Cosmopolitan. Based on that estimate, Gomez may have earned more than $3 million for the 106 episodes of "Wizards" which spanned four seasons. 

Gomez’s most recent television role is on the hit Hulu original series, "Only Murders in the Building", where she stars alongside veteran actors Steve Martin and Martin Short. Gomez earns an estimated $6 million per season for the show. The show currently has four seasons streaming on Hulu, and has been renewed for a fജifth season as of September 2024.

In addition to TV, Selena has also starred in several films, including 2011’s "Monte Carlo" and 2012’s "Spring Breakers".

Gomez is also an executive producer on Only Murders and has producer credits on other TV shows and movies including Netflix’s "13 Reasons Why," "Hotel Transylvania," and her HBO Max cooking show, "Selena + Chef".

Singing 

Gomez also has a lucrative music career. The singer has three studio albums, singles in both English and Spanish, and a total of 58.8 million monthly listeners on Spotify. Prior to her solo singing career, she also released three albums with her band "Selena Gomez & The Scene" between 2009 and 2011.

Gomez earned an estimated $35.3 million on her Stars Dance Tonight tour in 2013, and $35.6 million on her 2016 Revival tour, according to Cosmopolitan. 

Rare Beauty 

In 2020, Gomez launched her viral makeup brand, Rare Beauty. In the three years since its launch, the brand has gained a cult following thanks to millions of product demo views on TikTok. 

Rare Beauty brought in $350 million in revenue in 2023. The brand has 4.1 million followers on TikTok and 8 million followers on Instagram Rare Beauty donates 1% of all sales to Gomez’s , which aims to increase access to mental health༒ services in educationa𒐪l settings. 

Partnerships

Gomez makes an estimated $2.5 million per sponsored post on Instagram, according to social media management company Hopper’s 2023 Instagram Rich List. Gomez has 424 million followers on Instagram, and is one of the most-followed people on social media, as of August 2024. The multi-talented star has partnered with brands such as Puma, Coach, Coca-Cola, Verizon, Louis Vuitton, and Pantene, according to Vanity Fair. Gomez also has her own collection of cookware with cookware brand Our Place. 

Investments

Gomez is also a part-owner and investor of Serendipity Brands, a dessert company inspired by the iconic Serendipity3 restaurant in New York City. The company reportedly has annual revenue of nearly $16 million according to sales and business insights company, Owler. Gomez created her own custom ice cream flavor with the brand, and 1% of Serendipity sales go to Rare Impact Fund. 

In 2021, the singer became an investor and partner in the grocery delivery company, Gopuff. The Philadelphia-based startup is worth an estimated $15 billion, according to Fortune.

Gomez also co-founded a mental health platform, Wondermind, along with her mother, Mandy Teefey. The company was valued at $100 million in 2022.