Selena Gomez Is a Billionaire

[stewie_e]

Comments

[deja_vu822]

i don't understand anything about money but this is like...she doesn't actually HAVE $1 billion, it's just what her company is worth? idk does that distinction even matter to rich people? is that how all billionaires are billionaires?

[theactualworst]

Pretty much. I doubt she’s a liquid billionaire.

[pseudonygma]

I think something along the lines of financial forecasting based the total she might be able to rake in based on: her public image + general likeability + social influence to be able to generate that much money from those willing to invest on her & those willing to spend/invest money on whatever she has a hand in + her perceived ability to maintain stable goodwill to maintain that trustworthy impression (whatever that means will vary since I don't think people expect her to work on the production lines to know what is going on, but they do expect her to manage some kind of accountability for businesses attached to her name).

I don't think it's necessarily an estimate of how much money she might have in her savings account, unlike Rupert Murdoch for instance (but even then it's debatable since a lot his money might be tied up in real estate and stocks, so those numbers mean nothing unless he can actually find buyers willing to pay him those supposed market value prices the second he wants/needs to sell--which is what people mean by

[bitchbot]

yeah net worth is like financial clout.

[just444]

the markup on makeup is huge

[colocho_robotto]

makeup is a scam

[sorryeden]

Meanwhile, I can't find a job or side gig that will pay me good money.

[squirrels_oh_no]

Never forget, Elizabeth Holmes was once worth $4.5 billion according to Forbes and we all know how that turned out (she was actually broke).

[jensonanckles]

She wasn't really good in Emilia Perez, especially compared to the rest of the cast!

But good for her.

[aprilonestt]

I am so high on flu medicine right now I thought you had mistyped Emily in Paris 😵‍💫

Couldn’t remember her on that! Plus being bad as an actress in Emily in Paris would be a true achievement.