The strongest bonds are based on mutual respect, trust, and, in Taylor Swift and Selena Gomez’s case, more than $1.9 billion.
The lifelong friends have achieved enormous riches in their distinguished careers. Their paths initially intersected 16 years ago, when they were both romantically associated with the Jonas Brothers.
With the release of Forbes’ 2024 billionaire list on Tuesday, the singer rose to the fourteenth spot.
Based on profits from her successful Eras tour, the value of her song catalog, and her real estate holdings, the 34-year-old lyrical wonder—the most well-known newbie on the list—accumulated an estimated $1.1 billion fortune.
She is one among the select few who have reached the milestone “through music and performing alone,” so her achievement is all the more remarkable.
According to Parade.com, Selena, 31, is reported to have a net worth of $800 million, the majority of which is believed to come from her popular makeup line Rare Beauty.
Just four years have passed since the former Disney star founded the wildly successful business.
Industry insiders told Fast Company in October that Rare Beauty was expected to make over $300 million in sales in 2023—”triple what it earned in 2022, when sales doubled from 2021.”
Selena may be selling the brand, according to recent rumors that have also spurred curiosity.
Selena and her best friend Taylor could soon join the billionaire club with this estimate of a “$2 billion plus price tag,” according to the site.
The affluent celebrity, who is also well-known for her music, owns her own production business, July Moon Productions, which was responsible for the hugely popular 13 Reasons Why, according to Cosmopolitan.
According to the site, in April 2013, her net worth surpassed $10 million thanks to her debut solo album. She has also made a lot of money traveling, with Stars Dance Tonight and Revival bringing in an estimated $35.3 million and $35.6 million, respectively.
Brands are eager to work with the actress, who has 429 million Instagram followers and has starred in campaigns for Coach (with whom she just inked a $10 million deal) and Puma (which, according to E! News, gave her $30 million for a two-year deal).
According to Hopper, she is estimated to make an incredible $2,557,825 every post, ranking third on the 2023 Instagram Rich List behind Lionel Messi and Cristiano Ronaldo.
Furthermore, it’s important to acknowledge the lavish wealth the celebrity would have accumulated early on thanks to her roles in Hannah Montana, Zack and Cody’s Suite Life, and Wizards of Waverly Place.