Selena Gomez Net Worth in Rands
Who doesn’t know Selena Gomez? Many of us have seen her on Disney Channel in our childhood but look at her now, a Hollywood star and businesswoman who has not only captured the hearts of her fans but also ruled the world outside the entertainment industry.
She has surely come a long way from starting her career in the entertainment industry as a child star and becoming a pop sensation. Selena Gomez’s net worth is a reflection of her talent, hard work, and intelligence which helped her conquer both the entertainment and business industries. We are here today to explore the financial journey of this Disney Channel sweetheart, so stay with us and discover the eye-watering net worth of Selena Gomez.
Selena Gomez and Her Net Worth
- Complete Name: Selena Gomez’s full name is Selena Marie Gomez.
- Profession: She is an American singer, songwriter, actress, producer, and businesswoman.
- Salary per Month: R 18196300.00
- Estimated Net Worth: R 1728648500.00
- Other Income Sources: Acting, business ventures, brand endorsements, concert tours, social media earnings, and real estate investments.
Selena Gomez’s financial achievements are no less than those of any well-settled man in the industry. Her multifaceted talent helped her conquer every industry she stepped into. Many of the Selena Gomez fans know her from her Disney Channel acting era, Wizards of Waverly Place.
However, she is most popular because of her successful music career. Music is her primary source of income, but this is not the only way she earns. Selena Gomez also earns through business ventures, investments, brand endorsements, social media posts, etc.
From releasing chart-topping music to strategic investments in the business world, she has become more than just a pop music icon. Let’s dig deeper into her financial profile and see what not many know about this charming Hollywood star.
Selena Gomez, As a Musician
Selena’s music career has been a great success since the beginning, and it is also her primary source of income. Before she parted ways and started working as a solo artist, she was a part of the band Selena Gomez and The Scene from 2009 to 2011. In 2013 her net worth skyrocketed to R 181544800.00, and this was all because of her debut solo album sales.
According to the reports, her concert tours bring her R 640709120.00 and sometimes even more. These figures are from her first solo concert tour, but that’s not the case now. Her concert tours are always a massive success and add a significant amount to her total net worth.
Acting
As we mentioned earlier, she has multiple additional income sources, and acting is one of them. She entered into the entertainment industry as a child actress, and her debut serial was Barney & Friends. But the turning point of her acting career was her role in Wizards of Waverly Place.
This took her to the peak of success, and according to reports, she earned R 544512.00 per episode of this sitcom. She is still seen in a few television roles. Recently she has played an amazing role in Only Murders in the Building alongside her co-stars Steve Martin and Martin Short.
Her acting career is not limited to television only. Selena has starred in films, too, like Monte Carlo and Spring Breakers.
Do you know Selena Gomez is also an Executive Producer? She has produced the famous Netflix series 13 Reasons Why and Living Undocumented. If you haven’t seen these yet, watch them now; you will love her work as a producer.
Rare Beauty
Selena owns a makeup brand, and she launched it in 2020 with the name Rare Beauty. She earned R 1,123,583,940 in revenue in the first year of her brand’s launches. All thanks to her fans and followers who let her enjoy such success in the first year of her makeup brand launch.
Social Media Posts
Just like all other famous celebrities, she cashes her popularity with 430 million followers on Instagram. According to reports, she earns R 30862616.00 for each sponsored post on her social media account.
Brand Endorsements and Partnerships
The multi-talented pop star Selena Gomez earns well from brand endorsements and partnerships. Recently, she has a R559,443,570.00 deal with the famous brand Puma for two years. Besides Puma, she has partnered with Coach, Coca-Cola, Verizon, Louis Vuitton, and Pantene.
Investments
Not many people know that Selena is a co-owner and significant investor of Serendipity Brands. It is a dessert company that generates R 290471680.00 in revenue annually. Also, she has created her very own custom ice cream flavor with this brand, and 1% of the sales go to her charity program, Rare Impact Fund.
In 2021, she invested and partnered with a grocery delivery company, Gopuff. From all these investments, she adds millions to her bank every year.
Selena Gomez’s Assets
Just like Selena Gomez’s net worth, her asset list is huge. She is a popular American star who enjoys all the luxuries and lives a lavish life. Read ahead to explore her wealth and assets.
Houses
Among all her fellow stars, Selena has always seen great taste in real estate. You will agree with me after looking at her house. She owns multiple lavish houses that are pure depictions of beauty and royalty.
She owns a stunning mansion in Encino, California. The late Tom Petty built this house, and has a worth of R 89395355.00. Selena bought this house for its unique design, modern amenities, and scenic surroundings.
In 2011, she bought a house for R 39814897.50 in Tarzana, California. Selena bought this house from Jonah Hill and sold it for R 63149490.00 in 2014. She bought several homes at different locations in California, sold them a few years later, and received good profits from them.
She buys and sells houses and boosts her net worth, and this is how she entered and became successful in the real estate world. She has been actively selling and buying properties in Fort Worth, Texas, and California.
| Location of the Home | Buying Price | Selling Price |
| Tarzana, California | R 39814897.50 | R 63149490.00 |
| Calabasas | R68,270,763.60 | Unknown |
| Fort Worth, Texas | Unknown | R 44,805,220.80 |
| Studio City, California | R 224451288.45 | R 42089356.00 |
| Encino, California | R 78793415.00 | – |
Cars
The multi-millionaire American pop star has great taste in cars, and her car collection leaves everyone in awe. Her garage is full of modern luxury cars that speak of her class and rich taste in automotive. Here is a list of her cars and their market price.
| Cars | Price |
| Mercedes S400 | R 2203880.58 |
| Cadillac Escalade | R 1838303.21 |
| BMW 530i | R 990467.06 |
| Cadillac CT6 | R 1782044.08 |
| BMW X5 | R 1195462.95 |
| Range Rover Evoque | R 1005358.75 |
| Mercedes GLA250 | R 662079.70 |
| Fiat 500 | R 296866.82 |
| Lincoln Navigator | R 1827435.00 |
| Porsche 911 GT3 RS | R 5482305.00 |
| Mercedes E-Class | R 1315753.20 |
FAQs
How rich is Selena Gomez 2023?
According to the recent reports of 2023, Selena Gomez’s net worth is around R 1728648500.00. Her net worth has grown to a significant level compared to the past year.
Who is Selena Gomez’s best friend in 2023?
In an interview and 2023 documentary, Selena Gomez shared her special bond with Raisa. She called Raisa her best friend with a big charming smile and shining eyes that showed her love for her new best friend.
Who is richer, Selena Gomez or Justin Bieber?
Comparing the net worth and bank account balances of both singers, Justin Bieber is far ahead of Selena Gomez.
Who is richer, Selena Gomez or Taylor Swift?
Both Selena and Taylor are amazing friends and share an adorable bond. Comparing the bank account balances of both best friends, Selena Gomez seems richer than her friend Taylor Swift.
Today’s exploration journey of Selena Gomez”s net worth shows her incredible talent, hard work, and wise decision-making power that helped her grow her wealth to a significant level. From stepping into the entertainment industry as a child actress with innocent charm, she has come a long way, and her talent is not limited to television like her early career.
She is one of those rare celebrities who have ruled the entertainment industry and enjoyed great success in entrepreneurship. Her net worth is increasing year by year, and all of this is because of her multifaceted talent, strategic investments, and cashing social media presence. Selena Gomez’s net worth is not a number but a reflection of her unrealistic talent and indomitable spirit that goes beyond the glitz and glamorous world of artists.
