Selena Gomez Is a Billionaire Thanks to Her Beauty Brand

11 comments

1. *From Bloomberg News reporter Diana Li:*

   In the new season of Only Murders in the Building, the main characters’ hit podcast is being turned into a movie. In real life, lead actress Selena Gomez is building her own, much bigger, empire.

   The 32-year-old rose to fame as a kid on the Disney Channel, started a music career, created her own beauty brand and is now starring on the Emmy-nominated Hulu show. In the process, she’s built a fortune that’s made her one of the country’s youngest female self-made billionaires.

   Gomez is worth $1.3 billion, according to the Bloomberg Billionaires Index, which is ranking her for the first time.

2. Is Kylie Jenner still a billionaire from her make-up brand?

3. That’s life nowadays. A celebrity makes a product or signs a partnership, promotes it on social media, and fans/stans eat it up. It’s basically free money from the drones of society.

4. So Selena Gomez is evil now? Did not see that coming.

5. these valuations are never really right though- a lot of businesses get “valued” at astronomical prices but would never sell at that price/couldn’t convert that amount to cash.

6. Is it called cheeks?

7. Now get in touch with The Gates Foundation, start investing the money into various funds to keep it growing over time and then GIVE IT ALL AWAY to good causes that help the world. We all know she doesn’t need this cash flow to live and survive. We need to normalize the rich giving away their wealth in BIG ways that help their fellow humans.

8. So much money to be made on beauty and cosmetics. 💋

9. There’s certainly worse people to have that much money!

10. Good for her.

    (Opens a can of tuna for dinner)

11. Billionaires should not exist.