Selena Gomez entered the billionaire’s club shortly after best friend Taylor Swift did

Taylor Swift and Selena Gomez will soon become billionaires in international showbiz. 16 years after becoming friends, Swift officially became a billionaire and Gomez would sooner or later advance.

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Two famous Hollywood female singers – Taylor Swift and Selena Gomez – became the richest close friends in the American entertainment industry. Swift and Gomez met and became friends 16 years ago, when they were both dating the Jonas brothers.

This month, Taylor Swift (34 years old) was officially included in the list of USD billionaires by the prestigious financial magazine Forbes (USA). This is 17 years since Swift officially began her journey to becoming a professional female singer.

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Two famous female singers in Hollywood – Taylor Swift (right) and Selena Gomez (left) (Photo: Daily Mail).

Swift has now entered the top 14 USD billionaires among cultural and sports stars. She has an estimated fortune of up to 1.1 billion USD. This fortune was calculated by Forbes based on revenue from the Eras tour, the value of Swift’s music assets and her real estate collection across the United States.

This achievement of Swift is especially impressive because she built her fortune mainly based on her singing career and not focusing on business activities. Meanwhile, Swift’s close friend – singer Selena Gomez (31 years old) – has also built a fortune of about 800 million USD.

Unlike Swift, Gomez became rich mainly through business activities. Among them, the most notable is the cosmetic brand Rare Beauty founded by Gomez 4 years ago. This brand is doing brisk business.

Rare Beauty’s revenue in 2023 is estimated to exceed $300 million. This sales level is three times higher than the sales achieved in 2022. Previously, sales in 2022 were double those in 2021.

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Taylor Swift (right) and Selena Gomez (left) have had a friendship lasting 16 years (Photo: Daily Mail).

With sales increasing exponentially each year, the cosmetic brand Rare Beauty is catching the eye of many “big men” in the cosmetics industry. The “big guys” certainly have ambitions to acquire Gomez’s brand.

It is possible that Selena Gomez, after building a successful brand, will resell Rare Beauty at a high price and receive a huge amount of money.

Many experts in the financial sector estimate that Selena Gomez’s cosmetics brand currently has a market value of more than 2 billion USD. Selena can quickly join the USD billionaire club by starting her own business or selling the brand. Swift and Gomez joining the USD billionaires club is something that will happen in the near future.

Besides her lucrative cosmetics business, Selena Gomez is also a talented filmmaker. Singer Selena Gomez also successfully tried her hand at acting and film production. Gomez’s salary is currently at $600,000 per television episode. In fact, in recent years Gomez has been more active in acting and filming than singing.

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Swift and Gomez joining the USD billionaires club will take place in the near future (Photo: Daily Mail).

Gomez has her own entertainment company – July Moon Productions. This company produces the hit series 13 Reasons Why (2017-2020) and produces Gomez’s new music.

Just starting her career, Gomez earned a lot of money from singing activities. With her solo album Stars Dance (2013), Gomez earned her first $10 million. After that, Stars Dance Tour (2013-2014) was estimated to bring her an additional 35.3 million USD. Album Revival (2015) brought Gomez 35.6 million USD…

On Instagram, Gomez has 430 million followers. Big brands “lined up” to cooperate in advertising with her. The advertising contracts that Gomez signed with major brands have brought her a salary of up to tens of millions of dollars.

In fact, Gomez is the third highest-earning star on the Instagram platform. Statistics published by analysis sites in 2023 show that Gomez is only behind two famous players Cristiano Ronaldo and Lionel Messi in making money from Instagram.

Gomez earns an average of $2.5 million from one ad posting on this platform. Although there have been periods of time where she has allowed herself to take a break from certain aspects of her entertainment career, Gomez has truly never stopped making art.

She has been a child actress since she was 10 years old. Gomez has worked tirelessly for many years in many different fields such as singing, acting, filming, cosmetics business…

Swift and Gomez became friends 16 years ago. In 2008, Taylor Swift dated singer Joe Jonas. Selena Gomez is dating singer Nick Jonas. Through the Jonas brothers, the two female singers met each other. They often go out together and attend each other’s important events to show goodwill.

After that, the dating relationship ended but the two female singers have remained friends since then. Swift and Gomez still attend many events together and are present at important milestones in each other’s lives and careers. Selena Gomez once declared that Taylor Swift is her only real friend in showbiz.

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