Selena Gomez has achieved billionaire status, making her one of the youngest self-made billionaires in the U.S., with a net worth of $1.3 billion.
The bulk of Gomez's wealth comes from her successful makeup line, Rare Beauty, which has gained traction with influencers and young consumers.
Her popularity on social media, particularly with 424 million Instagram followers, plays a significant role in her endorsement deals with brands like Puma and Coach.
Gomez’s commitment to mental health is reflected in her Rare Impact Fund, which aims to raise $100 million for improving access to mental health services.
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