He is only 32 years old and “doesn’t know what he has”!

Selena Gomez has officially become a billionaire, with Bloomberg reporting Friday that the actress has a net worth of $1.3 billion.

The news agency trying to justify GOMEZ’s “huge amount” of money summarizes that it came thanks to the cosmetics company Rare Beauty, which she founded in February 2019 in addition to her career as an actress and singer.

In particular, the relevant media report states that more than 80% of her wealth comes from her majority stake in the makeup brand, which has become a staple in the influencer market.

“Selena isn’t just a pop star“, marketing specialist Stacy Jones told the agency, explaining that she is actually a multi-faceted businesswoman with different income streams that yield the maximum.

Along with the beauty brand, Gomez’s net earnings also come from her investment in Wondermind, a real estate portfolio, and paid partnerships.

The former Disney Channel star doesn’t seem to want to “put on the brakes” even to take a break right after the hit show, “Only Murders in the Building,” whose fifth season recently aired.

thrrrr

Gomez is also the third most-followed person on Instagram, which appears to net her an estimated $30 million just from an advertising deal on the platform alone.

The Emmy-nominated actress is now one of America’s youngest self-made billionaires.