Selena Gomez is worth $1.3 billion, according to the Bloomberg Billionaires Index. Unlike her BFF Taylor Swift - who has reached billionaire status largely from her music and touring - Selener joined the Billionaire club from a mix of businesses, mostly Rare Beauty. But she also has brand partnerships, music, acting deals and a mental-health startup.
Brent Saunders, CEO of Bausch + Lomb Corp. and an investor in Gomez’s Wondermind startup, said there’s a key factor for her success, "authenticity."
“You’ve got a real role model of how a celebrity can use their influence and expertise to both do good and create good business,” Saunders said. “Selena epitomizes that.”
Representatives for Gomez did not respond to requests for comment.
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