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Selena Gomez is a billionaire. She amassed a fortune through multiple business ventures, TV shows, and brand sponsorships. But Rare Beauty makes up the majority of Gomez's wealth.

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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Selena Gomez is officially a billionaire. Gomez appeared for the first time on Bloomberg's Billionaire Index on Friday when her net worth reached $1.

3 billion. It's been a long time coming for the 32-year-old, who got her first paycheck as a child actor in the 90s on "Barney & Friends." Now, Gomez is an entrepreneur with several revenue streams.

Here is how Gomez makes and spends her money. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

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