Selena Gomez Feels 'Grateful' to Reach Billionaire Status but Thinks 'It's Distasteful to Talk About Money'

Mar. 15, 2025

Selena Gomez in New York City on Sept. 30, 2024.Photo:Kristina Bumphrey/Variety via Getty

Kristina Bumphrey/Variety via Getty

New billionaireSelena Gomezis staying humble.The “Hands to Myself” singer andRare Beautyfounder, 32, stepped out to the premiere of her new film,Emilia Pérez, during the 62nd New York Film Festival at Alice Tully Hall on Sept. 30 and opened up about one of her latest accomplishments:becoming a billionaire.“I’m very grateful,” GomeztoldEntertainment Tonighton the red carpet after theBloomberg Billionaires Indexrecently reported she’s now worth $1.3 billion — largely thanks to her cosmetics brand, Rare Beauty.Selena Gomez in New York City on September 30, 2024.Dominik Bindl/WireImage"I personally think it’s distasteful to talk about money," she added, “but I really am giving all the credit to people who buy the products.““They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy,” continued Gomez, who’s reportedly one of the youngest female self-made billionaires in the United States.Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.Selena Gomez in Los Angeles on Sept. 15, 2024.David Fisher/ShutterstockIn addition to Rare Beauty, the Bloomberg Billionaires Index reported theOnly Murders in the Buildingstar’s other major income sources include — from most to least prominent — endorsements, touring, her mental health startupWondermind, albums, acting, streaming and real estate.Gomez previously spoke toTimeabout the success of her beauty brand. “I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty,” she told the outlet. “I never wanted it to be about making a lot of money and that’s it.“The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now!Selena Gomez hosts the Inaugural Rare Impact Fund Benefit Supporting Youth Mental Health in October 2023 in Los Angeles.Monica Schipper/GettyIn April,Forbesreported Gomez’s friend,Taylor Swift, reached billionaire status due to her ongoing Eras Tour, extensive song catalog and real estate portfolio.Earlier this month, PEOPLE caught up with Gomez at the Toronto International Film Festival premiere ofEmilia Pérez— where she expressed feeling “grateful” for all the “overwhelming” things happening in her professional life.“It’s such a wonderful gift,” added the “Lose You to Love Me” performer, who was also recently nominated for Outstanding Lead Actress in a Comedy Series at the Primetime Emmys for her role inOnly Murders in the Building.

New billionaireSelena Gomezis staying humble.

The “Hands to Myself” singer andRare Beautyfounder, 32, stepped out to the premiere of her new film,Emilia Pérez, during the 62nd New York Film Festival at Alice Tully Hall on Sept. 30 and opened up about one of her latest accomplishments:becoming a billionaire.

“I’m very grateful,” GomeztoldEntertainment Tonighton the red carpet after theBloomberg Billionaires Indexrecently reported she’s now worth $1.3 billion — largely thanks to her cosmetics brand, Rare Beauty.

Selena Gomez in New York City on September 30, 2024.Dominik Bindl/WireImage

Dominik Bindl/WireImage

“I personally think it’s distasteful to talk about money,” she added, “but I really am giving all the credit to people who buy the products.”

“They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy,” continued Gomez, who’s reportedly one of the youngest female self-made billionaires in the United States.

Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

Selena Gomez in Los Angeles on Sept. 15, 2024.David Fisher/Shutterstock

David Fisher/Shutterstock

In addition to Rare Beauty, the Bloomberg Billionaires Index reported theOnly Murders in the Buildingstar’s other major income sources include — from most to least prominent — endorsements, touring, her mental health startupWondermind, albums, acting, streaming and real estate.

Gomez previously spoke toTimeabout the success of her beauty brand. “I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty,” she told the outlet. “I never wanted it to be about making a lot of money and that’s it.”

The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now!

Selena Gomez hosts the Inaugural Rare Impact Fund Benefit Supporting Youth Mental Health in October 2023 in Los Angeles.Monica Schipper/Getty

Monica Schipper/Getty

In April,Forbesreported Gomez’s friend,Taylor Swift, reached billionaire status due to her ongoing Eras Tour, extensive song catalog and real estate portfolio.

Earlier this month, PEOPLE caught up with Gomez at the Toronto International Film Festival premiere ofEmilia Pérez— where she expressed feeling “grateful” for all the “overwhelming” things happening in her professional life.

“It’s such a wonderful gift,” added the “Lose You to Love Me” performer, who was also recently nominated for Outstanding Lead Actress in a Comedy Series at the Primetime Emmys for her role inOnly Murders in the Building.

source: people.com