Selena Gomez, the multi-talented actress, singer, and entrepreneur, can now add “billionaire” to her impressive list of achievements. At just 32 years old, Gomez has become one of the youngest self-made billionaires in the U.S., according to Bloomberg, which estimates her net worth at $1.3 billion.

The majority of her wealth comes from her successful beauty brand, “Rare Beauty”. Launched just five years ago, the brand has become a favorite among influencers and teens, known for its inclusive range and message of self-acceptance. Rare Beauty’s impact on the beauty industry has catapulted Gomez into the ranks of elite entrepreneurs, cementing her status as a powerhouse beyond the entertainment world.

From her music and acting career to her ventures in fashion and philanthropy, Selena Gomez continues to inspire as she breaks new ground in every industry she touches.