The US music industry has given the world many outstanding artists, some of them which have gained worldwide recognition. Out of those singers, many have achieved success in their respective fields which help them generate much wealth. Selena Marie Gomez is a famous singer who attained fame due to her skills. She earns from different sources, which makes her a millionaire. Selena Gomez net worth comes as a result of the several sources of income that helped her gain even more success. Her achievements are going to inspire other artists to learn many things.
Who is Selena Gomez?
Selena Gomez is an American singer who got much attention due to her pop songs and earned more fans. She started her career as a child artist in movies which made her a leading actress later. She is a producer, businesswoman, brand endorser, and social media mega-star, who built great net worth.
Early Life And Education Of Selena Gomez
Selena Gomez was born on July 22, 1992, in Grand Prairie, Texas. Her father was Ricardo Joel Gomez, whose occupation is not known. Selena’s mother, Mandy Teefey, was a former stage actress. Her parents got divorced when she was just five years old, and Selena lived with his mother.
The family faced financial troubles, and Selena got her diploma through her homeschooling in May 2010. She was very close to her grandparents during her childhood and used to spend more time with them. Gomez started featuring in various pageants and gained success in the show business.
What Is The Net Worth Of Selena Gomez?
Selena started working as a kid, which gave her the chance to have more income. She started life as a child actress on shows like “Barney & Friends” which catapulted her to become one of the largest stars in the world. Selena Gomez started acting on Disney Channel’s “Hannah Montana” in season 2 and season 3. She began to appear in various movies, which made her the hottest actress and endorser.
She also had a successful music career and released several albums that helped her earn much more money. Aside from this, she comes as one of the highest social media celebrities, which raises her earnings through different means of endorsements. Gomez owns and has investments in a brand of ice cream by the name Serendipity.
Moreover, she launched her beauty line under “Rare Beauty” and became an investor in the Gopuff delivery company. Selena is the co-founder of the mental health platform called “Wondermind.” Investments in real estate properties raised her wealth. Selena Gomez net worth comes to approximately $800 million, which makes her one of the wealthiest women in the entertainment industry. She gains from acting, singing, production, investments, brand endorsements, and business.
How Much Is Selena Gomez worth?
Selena Gomez makes money through movie salaries and other streams to build her wealth empire. She pulled a $30,000 payday per episode for the work done in “Wizards of Waverly Place,” which helped generate more than $3 million from the show. Her net worth in 2011 increased to $5 million. In April 2013, she broke $10 million after launching her first album into the market.
Back in 2015, Gomez crested $18 million, thanks to Instagram, and increased to $60 million in mid-2018. In 2019, her net worth was approximately $75 million, and$95 million in the year 2022. How much is Selena Gomez net worth? Her net worth is approximately $800 million, which made her enter the list of millionaires.
Selena Gomez’s Film And Television Career
Career Beginnings From 2002-2006
Gomez took an interest in following a career in the entertainment industry when she used to watch her mother perform on the stage. After that, she made her acting debut through a television series called Barney & Friends as Gianna.
She did thirteen episodes of the show from 2002 to 2004. In the movie Spy Kids 3-D: Game Over and television movies like Walker and Texas Ranger: Trail by Fire in 2005, she played minor characters. In 2006, she did a guest role for an episode of the Disney Channel series “The Suite Life of Zack & Cody.” Movie and television appearances from 2007-2011
The year 2007 proved promising for Selena Gomez when she got the recurring role in Disney Channel’s series “Hannah Montana” as pop star Mikayla. She appeared in the TV movie “What’s Steve Thinking, a potential spin-off of “Lizzie McGuire”, on the same channel, Then, she auditioned for a role in the series “Wizards of Waverly Places,” which played her as a teen girl.
The series became a mega success for the Disney Channel and proved to be Gomez’s breakthrough into mainstream media. Selena raked in a whopping $25,000 to $30,000 per episode, making her one of the highest-paid child TV stars ever. In 2008, she supplied the voice of Helga in the animated feature “Horton Wears a Who!” which grossed upwards of $300 million worldwide.
Within the same year, she starred in the teen musical comedy “Another Cinderella Story” as an aspiring dancer, Mary Santiago. In 2009, as Alex Russo, she guest appeared in a crossover episode of the Disney Channel series “The Suite Life of Deck,” which made a guest appearance on the series “Sonny with a Chance.”.
In the same year, Gomez appeared in the fantasy comedy-drama television film “Wizards of Waverly Places: The Movie,” based on the series. In 2010, Selena starred in the film, “Ramona and Beezus” with Joey King, which is an adaptation of the children’s novel series by Beverly Clearly.
In 2011, she appeared in the comedy film “Monte Carlo,” where she played the lead role of Grace. The movie received mixed reviews from the audience. Films and TV series from 2012 to 2023. In 2012, Gomez starred in the movie “Spring Breakers.” The actress played the role of a mature girl, which received quite positive reviews and criticism.
In 2013, the actress acted in the action thriller movie “Get Away.” She played a hacker in the movie. In 2014, Selena starred in the teen sex comedy film “Behaving Badly.” A year later, she guest-starred in “The Big Short. In 2016, she played the role of caregiver Dot in the comedy-drama film “The Fundamentals of Caring.” In 2019, she starred in a comedy horror movie, “The Dead Don’t Die.” In the same year, the actress guest-starred in a romantic comedy, “A Rainy Day in New York.”.
In 2021, Selena Gomez starred in the mystery-comedy series “Only 30 Murders in the Building,” which set the record for the most-watched show on Hulu. She is also the co-producer of the series, which has just premiered its third season.
Selena Gomez’s Net Worth And Her Earnings
Movie and Television Series Earnings
Movie and television series earnings contributed more to Selena Gomez net worth, which let her become rich. She has earned around $3,000 per episode of “Barney and Friends,” and her total income from 13 episodes is $39,000. Disney’s “Wizards of Waverly Place” series let her generate more income. She made $3.00,000 per episode because the show ran for 5 years with 106 episodes. It allowed her to get around $3.18 million.
He was paid $2.5 million for her movie “Monte Carlo, “which was released in 2011. She generated a good income when her career was at its peak in the television industry. Some of her films performed well at the box office, which made her a star. On the other hand, her actual earnings from movies and television series are still unknown.
Earnings from July Moon Productions company
In 2008, Selena Gomez formed a company, “July Moon Productions,” to produce television series, television programs, and films. Some of her production works include “13 Reasons Why,” “Dollhouse,” “Rising,” “In the Shadow of the Mountains,” “Selena & Chef,” This is the Year, etc. Earnings through the production company added Selena Gomez net worth to a large extent and made her gain wealth. Also, different works are in the pipeline from her company.
Earnings From Music Album Sales
Selena has released three solo albums, a compilation film, and a Spanish album since 2013 which made her to earn more fame. She made $15 million from the sale of albums in 2016. The artist sold approximately 3.4 million albums in 2017. Her single music albums “Rare” and “Boyfriend” in 2020 sold ample copies in the market. Association with other top artists increased Selena Gomez net worth after the release of the albums. She became one of the most magnificent singers due to her fabulous skills.
Voice Over Income
Selena Gomez was featured as a voice artist in a few films and TV programs that helped her generate a whopping amount of money. At the same time, he has not revealed the income that she collected from the voice-over work.
Income From Musical Tours
Selena Gomez also makes more from their concert tours. Her concert tour in 2013, the Stars Dance Tour, to the United States of America and Europe, raised $35.3 million in revenue. At the same time, she has to cancel concerts in some other countries due tohealth issues.
In return for the success of her album “Revival” in October 2015, she launched a worldwide tour called the Revival Tour in 2016. The tour added $35.6 million to her pocket and was a huge contribution to Selena Gomez net worth and her earnings. The amount she earned from the private concerts also contributed to the revenue.
Puma Deal earnings
Puma is one of the largest activewear companies in the world. In 2017, Puma signed a deal with Selena Gomez to promote the brand. This deal paid her $30 million for up to 5 years, which ended in 2022. The Puma deal is one of the milestones in expanding Selena Gomez net worth that made her generate a high income.
Earnings From The Coach Deal
Selena’s popularity made her collaborate with various brands which allowed her to generate more earnings. In December 2016, leading bag maker Coach approached the star for signing a $10 million endorsement contract, which increased Selena Gomez net worth in her wealth portfolio. The brand helped Selena increase followers on her Instagram account.
Instagram Earnings
Selena Gomez became the most-followed celebrity on Instagram with more than 420 million followers. She makes money from Instagram for one post of a brand promotion. According to reliable sources, she charges $3.5 million for her single Instagram post.
The actress can make any amount between $500,000 and $800,000 for a single sponsored post, as she endorses many brands. Thus, Selana Gomez net worth through her Instagram posts will amount to approximately $10-15 million every year. It is going to rise further in the coming years.
Serendipity Ice Cream Income
Back in 2020, Gomez partnered with New York City-based ice cream Serendipity. She makes an annual revenue of $16 million. Gomez is a part-owner of the restaurant and even designed her ice cream flavor, Cookies & Cream Remix, after being inspired by South Korean girl group BLACKPINK and their album “Ice Cream.” Selena gets a profit from the total earnings which let her generate a high net worth.
Brand Endorsement Income
Selena Gomez has been the face of many brands like Coca-Cola, Louis Vuitton, Pantene, Adidas, etc. The partner deals with these brands increased Selena Gomez net worth because of her popularity. According to a report, she was paid $3 million for the Pantene brand promotions alone.
Rare Beauty Business Venture Earnings
Selena Gomez named her beauty company “Rare Beauty” in 2019. She was inspired by the title of her album, “Rare.” She declared that the company’s website will be up and running in 2020, and the products themselves will be available for sale in all the outlets of “Sephora” throughout North America.
The former had 48 shades of foundation and other accessories that aimed at enhancing the skin condition. They are products of vegan origin coming in recycled packaging and with prints from water-based ink. Rare Beauty extended its markets to the Middle East, Europe, and Southeast Asia, which added more to Selena Gomez net worth values. In its first year in the market, it garnered $60 million in revenue. In 2023, it garnered an annual revenue of $300 million.
Investments In Gopuff And WonderMind
Towards the very end of 2021, Gomez invested in a grocery delivery company called ‘Gopuff.’ She started a mental health startup with Gomez and Lena Dunne known as ‘WonderMind, which helped raise $100 million worth of capital.
WonderMind is based on “mental fitness,” supporting habits that can keep mental well-being in a flawless state. Selena Gomez net worth grew as hundreds of investors started to invest their fortunes in the company. Serena Williams, the famous tennis star, donated $5 million to it and also endorsed the brand promotion activities of the company.
Television Show Earnings
She made her entry into television with her 2020 cooking show, Selena + Chef. The reality series premiered on HBO Max, now known as Max, during the Covid-19 breakdown. The show ran for 4 seasons, where she had other celebrities guesting after the 3rd season. All the episodes were taken in Selena’s kitchen for the first three seasons because of COVID restrictions. On the other hand, her income from the series is publicly known.
Real Estate Investments Of Selena Gomez
Real estate investments make Selena Gomez net worth look attractive since she realized a gain in the investment she sold. In July 2011, the celebrity acquired a 4,500-square-foot home for 2.2 million dollars in Tarzana, California. The property has five bedrooms and five bathrooms and was previously owned by the up-and-coming star Jonah Hill.
It features facilities such as a large eat-in kitchen, high ceilings, an office space, sun-drenched windows, and beautiful hardwood floors. Other facilities found within the home property include a spa in the backyard, a swimming pool, a tennis court, and a bocce ball court. She listed the property for sale in May 2014 for $3.495 million but later sold it in that very year for $3.45 million with a small loss.
In 2014, she paid $3.69 million to buy a gigantic house sitting on a 3.15-acre estate in a gated community in Calabasas. The house contained five bedrooms and six bathrooms, with all modern amenities including a gym, theater, and wine cellar. That amount was higher than the price for which the star sold the property to French Montana in 2016.
She incurred a little loss as a result because the musician had the same property on the market for sale back in February 2020 when it was tagged with a $6.6 million ask. She bought a grand scale house in Fort Worth, Texas, sometime in 2015, for an unknown amount.
She has sold the house for $2.4 million in October 2020. She has listed the property in 2016 and 2017 for $3.499 million, then listed it again in 2018 for $2.999 million. In 2017, she bought a quite modest house in Studio City, California, for $2.249 million. She flipped that property for $2.3 million in 2018 after listing it for $2.799 million.
In April 2020, Selena paid $4.9 million for an 11,500-square-foot home in Encino, California, which Tom had custom-built in the 1980s. He gave this property to his ex-wife as a divorce settlement when they divorced in 1996. Moreover, Tom’s ex-wife lost the home to foreclosure in 2015, and Gomez bought the property where she lives with her grandparents. With 11,500 square feet of living space and an offering of a resort-style backyard, this estate has it all.
Personal Life Of Selena Gomez
She later dated American singer Nick Jonas briefly in 2008 but broke up soon. Her relationship with Justin Bieber has become so stressful that she is forced to enter a rehabilitation facility. The two were in a relationship for two years, from 2010 to 2012, and then broke up. She has dated Justin Bieber off and on from 2013 to 2015 and again in 2017. In 2017, she started dating Canadian singer-songwriter The Weeknd, with whom she broke up after 6 months of dating. In December 2023, the actress revealed she was dating American record producer Benny Blanco.
Selena Gomez is currently the UNICEF ambassador and promotes various fundraisers for them. She is also an ambassador for DoSomething.org. She works very closely under RAISE Hope for Congo. She became the ambassador for the Ryan Seacrest Foundation in 2012.
In 2014, this singer and actress were ailing from the disease of information. She had a kidney transplant by friend and actress Francia Raisa in September 2017. In April 2020, it was made public that Selena was diagnosed as having bipolar disorder. Gomez announced in November 2022 that she had an episode of psychosis back in 2018. She has many types of cars that are luxurious. Besides, she has won several awards due to her contribution to the music.
Selena Gomeznet Worth 2023
She earned more income in several ways that made her one of the millionaires in the acting and music industry. Selena Gomez net worth 2023 will be around $800 million, and she lives a lavish lifestyle due to her abilities. Moreover, she is one of the successful women who established a net worth from her childhood.
Selena Gomez Net Worth 2024
Selena built a wealthy empire through her acting, singing, business ventures, brand deals, Instagram-sponsored posts, etc. Selena Gomez net worth 2024 is $800 million, which allowed her to stay on top with other millionaires. However, sources say that her net worth is set to increase in the following years.
Conclusion
Selena Gomez is a multitalented woman who has earned good regard for her films, television, and music. All of her achievements will inspire others, especially upcoming artists, to follow in her footsteps. Now she joins the millionaire league and might join the billionaire list soon if her net worth continues to rise. She didn’t have an easy journey in the entertainment sector, for she had to face serious health challenges and personal trials, which made her bounce back strong soon.
