Selena Gomez Net Worth and How She Made Her Fortune

At the age of 29, American actress and singer Selena Gomez had already built an incredible high net worth and recognized as one of the most beautiful women around the world.

Selena Gomez
Selena Gomez

The formation of the Selena Gomez net worth

At 17, Sel could already boast of her first $1 million. At that time, she earned about $30,000 per episode for the Wizards of Waverly Place, where she played Alex Russo, which mounted up to $3 million in her bank account.

By 2011, Selena Gomez accumulated $10 million after the release of her debut solo album in April 2013. The star’s net worth approached $20 million by 2015, with her Instagram account blowing up.

Her cooperation with global brands, sales of albums, and cinema projects increased Selena’s net worth to $60 million in mid -2018. Reports suggest Gomez’s net worth is more than $75 million.

Selena Gomez’s early life

Selena Marie Gomez was born on July 22, 1992, in Grand Prairie, Texas, to father Ricardo Joel Gomez, and sixteen-year-old Mandy Teefey (Amanda Page Cornett). When Selena was five years old, her parents divorced, and she lived with her mother.

The formation of her future wealth began in childhood. While other little girls were playing with Barbie dolls, Selena was starring in America’s favorite purple dinosaur show Barney & Friends.

Selena Gomez career took off appearing in several movies, performing the duties of an executive director, and breaking music records. And this, as you know, added a lot of dollars!

Sel did not stop there! Creating cosmetics skincare brand Rare Beauty, stars in a culinary show, and is a proud advocate for mental health awareness.

And now let’s learn in more detail how and when Beauty Selena became so rich!

Selena Gomez’s net worth as a teenager

Selena got her start in the Entertainment industry in the Role of Gianna in seasons 7 and 8 of the children’s TV show Barney & Friends, where she co-starred with a famous actress and singer, Demi Lovato.

Gomez starred in the Disney Channel Show Zack & Cody. However, she received a whopping gain in earnings with her role in Wizards of Waverly Place, consisting of 106 episodes in which she received seven figures.

After her performance at Wizards of Waverly Place, Selena starred in Walker, Texas Ranger: Trit by Fire, and the film Spy Kids: Game Over. Selena also played a cameo role in Disney Channel hit show Hannah Montana.

Selena Gomez acting career

In the fall of 2008, Selena launched her own production company, July Moon Productions.

Gomez furthered her acting career after getting a role in the comedy thriller “Spring Breakers” In 2013, alongside Vanessa Hudgens and Ashley Benson.

Selena decided to test herself as an executive producer in the drama series “13 Reasons Why”, which has four seasons, although it was originally planned that Selena would play the role of Hannah Baker. She’s even contributed a few songs to the show’s soundtracks, so she’s banking from Netflix too.

In the same year, she revives her role as the voice actor for Mavis at the Transilvania 3 Hotel, followed by the voice-over for Betsy in the upcoming journey of Dr. Dollitle, adding to the Selena Gomez net worth!

Selena Gomez’s salary for the Netflix series “Only Murders in the Building.”

Variety declassified the size of Selena’s co-stars, Steve Martin and Martin Short, who receive $600,000 per episode and $6 million per series, so it will be logical to assume that Selena gets close to that amount. Keep in mind that she was not only an actress in the series but also performed the duties of an executive producer (again!)

In January 2022, Selena played the role of Mavis in the film “Hotel Transilvania: Transformania,” which earned $358 million at the box office worldwide. According to estimates, Gomez’s net worth increased by $4.5 million for this film.

Selena Gomez’s musical career earnings?

It is safe to say that Selena’s music career added a large chunk of wealth to her net worth.

At 16, the American singer cooperates with the same recording company as Miley Cyrus and Demi Lovato.

The music artist released three studio albums, one collection, two mini-albums, 18 singles, and 18 music videos.

In 2008, Gomez signed a contract and began recording her debut album. Selena wanted to sing in a group, while Hollywood Records offered a solo contract, so Selena Gomez & The Scene was created as a compromise.

The first album of the “Kiss & Tell” group peaked at nine on the Billboard 200 charts. The second single, “Naturally,” went twice platinum in the US. The second album, “A Year Without Rain,” also was successful.

In 2011, the official release of the new album “When The Sun Goes Down” was held, published on the Billboard 200 Top Chart.

Three singles were also released, two of which became world hits. We all know Love You Like A Love Song. Later the pop star announced a break in a musical career with her group and focused on a career in the cinema.

In 2012, Sel returned to the studio again but was ready to work on a solo project. Her first solo album, “Stars Dance,” sold 97,000 copies in its first week. Due to this, Sel Wins Best Pop Video at MTV Video Music Awards in 2013.

Collaborating with Hollywood Records for six years and in 2014, signed a recording contract with Interscope Records. As a “farewell” project with her former label, Gomez issued a collection of For You hit in November 2014.

Her debut solo album in 2013 added more than $10 million to Selena Gomez’s net worth. The star earned a total of $60.8 million thanks to Sel’s Stars Dance Tonight Tour and Revival Tour.

In 2017, Billboard said that Gomez sold more than 7 million albums and 22 million singles worldwide! Can you imagine?

How much does Selena Gomez earn from Rare Beauty?

Selena Gomez launched her own cosmetic brand Rare Beauty in September 2020.

According to Rare Beauty, the brand uses a unique approach focusing on destroying unrealistic beauty standards.

Rare Beauty will soon celebrate its second anniversary, with its revenue exceeding $60 million.

What income does Selena Gomez get from her social networks?

Selena Gomez’s net worth grew by several million dollars thanks to the tremendous popularity of her social networks.

According to the annual list of Instagram Rich, Selena Gomez can make about $1.5 million and even more for an Instagram post. 330+ million followers are very valuable!

Earlier in her Instagram journey, the amount for a sponsored post in the stars account was $500.000 and above.

Cooperation with brands

Selena had a partnership with the Puma sportswear brand. Gomez released two lines for the brand, both are grouped under the Selena collection. The two-year contract was estimated at $30 million.

Selena also makes a profit through a clothing line partnership with KMART called “Dream Out Loud.”

In 2021 Selena, in collaboration with La’Mariette, launched a swimwear collection.

Selena invested in delivery service GOPUFF. As of July 2021, the company was valued at $15 billion. Selena is quite the savvy investor!

Selena Gomez also co-owns an NYC-based ice cream company called Serendipity, with an annual turnover of $16 million. Gomez likes Ice Cream!

Selena Gomez and her WONDERMIND mental health platform

The singer and actress announced the launch of a media campaign for mental health called Wondermind. She told about this in an interview with Entrepreneur magazine.

Selena Gomez knows about mental problems from her personal experience. She faced protracted depression, panic attacks, and bullying from media and fans due to her up and down weight.

The star launched the campaign with her mother, Hollywood producer Amanda Dawn “Mandy” Teefey, and Daniella Pierson.

The campaign presents podcasts, daily articles with tips, interviews, and valuable tools regarding mental health.

Gomez noted the importance of mental health, describing in detail the mental problems that she faced, in particular, due to criticism in social networks. Selena often became a target for haters, who condemned her appearance, not her embarrassed expression.

Due to her developed depression, Gomez even underwent a course of treatment in a rehabilitation clinic and took a break in virtual communication.

“My self -estem was shot. I was depressed, anxious. I started to have panic attacks right before getting onstage, or right after leaving the stage,”

“As soon as I became the most followed person on Instagram, I sort of freaked out,” – Gomez told Vogue.

Selena took a break from Social Media and explained on the Good Morning America show why she did not appear on social networks for four years.

The actress and singer decided to focus on her mental health. Gomez admitted that she felt much better after taking a break from Social Media.

In 2018, the singer was diagnosed with bipolar disorder, and the star said she experienced relief since this clarified a lot for herself. Gomez openly talks about her problems publicly. Thanks to her campaign, people who experience mental health problems should also openly discuss them and not be afraid to do so.

Selena decided to return to Instagram to help other people improve their mental health.

On her platform, you can find helpful information, expert advice, and exercises that will help improve mental health.

Selena Gomez’s profit from real estate transactions

Selena Gomez House

In 2014, she paid $3.7 million to purchase a large house in a closed Calabasas. She later sold the house for $5 million to rapper French Montana making a good profit.

In 2015, she bought a large house in Fort Worth, Texas, for almost $ 3.5 million, but several years later, she sold this real estate for less money.

In April 2020, Selena paid $4.9 million for an 11,000-square feet house in Encino, California.

Selena Gomez’s participation in charity

Selena is an ambassador of UNICEF – an international organization of assistance to children, acting under the auspices of the United Nations.

In Chile, as part of the Unicef ​​Programa Puente, she met with families to help raise children.

In April 2012, Selena Gomez was appointed Ambassador to Ryan Seacrest Foundation, engaged in children’s healthcare.

So, what is the total net worth of Selena Gomez in 2022?

The net worth of Selena Gomez in 2022 was reported to be in the region of $75 million. Still, we believe the amount is much higher due to the upcoming second season of the Only Murders in the Building, not to mention the success of the last film in the Transylvania Franchise and Her pandemic culinary show on HBO!

Who is richer, Justin Bieber or Selena Gomez?

This question is probably interesting for many fans of both Selena and Justin. These two met in 2009 and were in a serious relationship for two years, from December 2010 to November 2012, before splitting up. Selena and Justin were on and off throughout the years until Justin married Hailey Baldwin on September 30, 2019.

According to sources online, Bieber has a net worth of $285 million, which makes him richer than Selena.

Sources:

  • Variety
  • Celebritynetworth
  • Vogue

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