- Selena Gomez is an actress, singer and businesswoman
- She played Alex Russo on Wizards of Waverly Place
- What is she worth?
Selena Gomez has been making headlines since 2007 when she burst onto the scene playing teenage wizard Alex Russo on Disney’s Wizards of Waverly Place. More recently, she got engaged to music producer Benny Blanco and became a billionaire. Indeed, Gomez’s net worth keeps on increasing.
But she isn’t known for her relationship with Blanco. No, she is known for her music with The Scene, being a businesswoman and actress.
Read more: Who is Benny Blanco, Selena Gomez’s fiancé?
In the last few years, she’s received critical acclaim playing Mabel Mora on Only Murders in the Building. From her two-decade-long career in show business, Selena Gomez has built up her fame, reputation, and net worth.
Outside of singing and acting, she has had many endeavours unrelated to show business. But with all her success and projects, how much is she worth? Let’s break it down.
Who is Selena Gomez?
Gomez is a singer, actress, and business owner born on 22 July 1992 in Grand Prairie, Texas. She was named after the late singer Selena Quintanilla. Gomez’s mother Mandy Teefy has Italian heritage while her father, Ricardo Joel Gomez is Mexican. She has been openly proud of her Mexican heritage.
When she was five, her parents divorced and she lived with her mother. Teefy had Gomez when she was only sixteen. Because of her young age at the time of Gomez’s birth, the family struggled financially. She briefly spoke about the financial struggles she recalls as a child but has said she doesn’t like to talk about money.
Her mother’s work on stage did influence Gomez’s love of entertainment. At a young age, she starred in Barney and recalled its influence on her saying, “I learned everything from Barney.”
On her musical influences, She told Entertainment Weekly in 2015 that many artists influenced her, including Janet Jackson and N-Sync.
She said: “I grew up with Britney and NYSYNC and Janet and all those people,” she says. “I would buy the copy, read the thank yous, and I felt like I knew them. Christina [Aguilera]’s Stripped was one of my favorites.”
How did Selena Gomez Become Famous?
As we stated, Selena Gomez started on Barney during her early years alongside Disney alum Demi Lovato. However, when she transitioned to the Disney Channel and starred in the recurring role of Mikayla on Hannah Montana she gained wider recognition. Not to mention Gomez’s net worth increased. Before she auditioned for a Suite Life spin-off titled Arwin and the Lizzie McGuire canceled spin-off, What’s Stevie Thinking?
Later in 2007, she had her breakthrough in acting playing Alex Russo on the sitcom Wizards of Waverly Place. The role shot Gomez to fame and is considered one of her biggest. The show even won an Emmy award.
While starring, Gomez had roles in a few Disney Channel movies, like Wizards of Waverly Place: The Movie and Princess Protection Program. Outside of Disney, she starred in Another Cinderella Story, Ramona and Bezus, and later in 2011 Monte Carlo.
Alongside acting, the 32-year-old was signed to Hollywood Records where she produced three albums alongside pop rock band The Scene before embarking on a solo career in 2011.
What has Selena Gomez achieved?
At her young age, Gomez has many accolades and achievements. In music, she has had multiple high-charting singles with her band and solo. In acting, Gomez has been nominated for multiple awards. She won a Kids Choice Award five times in a row and is also the record holder for the most won by one person with eleven to her name.
Moving on to more prestigious awards, the actress was named Billboard’s Woman of The Year in 2017. She’s been nominated for countless music awards by Billboard and the AMAs.
Gomez has continued her busy acting career. She received critical acclaim for her role as Mabel Mora in Only Murders in the Building. Gomez won the Satellite Award for Best Actress in a Musical or Comedy and three People’s Choice Awards through the role. Additionally, she was nominated for various other acting awards for Only Murders.
In terms of streams, Gomez’ musical is still popular despite it taking a backseat. She has 38 million Spotify listeners monthly worldwide and in 2024, she became a billionaire. No big deal.
What is Selena Gomez’s net worth?
According to Celebrity Net Worth, she is currently worth $1 billion, thanks to her work on-screen, her music, and other business ventures.
What are Selena Gomez’s income earnings?
Selena Gomez has many different income sources. She is the creator of the successful beauty brand Rare Beauty which is supposedly worth around $2 billion as of March this year. For her most well-known roles, she also fetched a pretty penny. Playing Alex Russo, she earned between $30,000 per episode as reported by Ms Mojo.
On Only Murders, she had a much bigger pay jump. Variety reported that the Only Murders star is paid at least $600,000 per episode, the same as her co-stars Martin Short and Steve Martin.
The tours and money made from music are nothing to giggle about either, as in music sales she has earned $16 million according to PEOPLE. Revenue from tours has given the singer over $86 million from her three world tours. Wow, what a small fortune.
Does she have any other investments and endorsements?
Becoming a billionaire does give you a lot of disposable income, so don’t be surprised that she endorsed hers. In real estate, Gomez has a few properties in California, and Texas that she has bought and sold. Her first big home was a home in Calabasas that she purchased in 2014 for $3.3 million and sold to French Montana for $3.39 million.
Later she purchased another California home in Encino for $4.9 million. Also in California, she owns a home in Woodland Hills which she bought for $1.8 million.
In her home state of Texas, she had a mansion she sold in 2018 for $2.7 million.
Selena Gomez has investments in many companies. She co-founded a mental health platform with her mom called Wondermind and she is an investor in the company Serendipity Brands and co-owns the ice cream shop in New York.
Many other endorsements are at the forefront of her earnings, she has been an ambassador for Coach and Puma for many years and has racked up her earnings from those deals.
What is her total net worth?
In September, Gomez’s net worth was reported to be $1.3 billion. Primarily her wealth has been built from Rare Beauty which has an estimated value of $2 million.
However, her high salary in shows like Only Murders which is still ongoing has continued to build her worth, as well as her investments in her own production company, with brands and endorsement deals leading her to billionaire status.
