Selena Gomez is a super popular multitalented singer and actress, producer and designer, dancer, and model. She is an icon and an international superstar, her songs are always at the top of the charts, and the crowds of fans go crazy to meet her.
What is Selena Gomez’s net worth?
At the time this article is written the singer, dancer, and actress Selena Gomez has a net worth of $95 million. She is one of the highest-paid endorsers and one of the most popular figures on social media in the entire world. Currently, Selena has almost 32 million YouTube subscribers, 363 million followers on Instagram, and more than 44 million followers on TikTok.
Net Worth Milestones
At the age of 17 years old, in December 2009 Selena Gomez had a net worth of $1 million. At that time, she was earning $30,000 per episode of “Wizards of Waverly Place”. For her work on Wizards, she earned more than $3 million.
In 2011, Selena’s net worth topped $5 million.
In April 2013, after she released her debut solo album, Selena broke $10 million in net worth.
In 2015, Selena’s net worth topped $18 million thanks mainly to Instagram.
In mid-2018, her net worth topped $60 million thanks to her acting career, countless singles, album sales, Coach deal, Puma deal, and others.
The next year, in 2019, Selena Gomez had a net worth of $75 million.
Selena Gomez, by her full name Selena Marie Gomez, was born in Grand Prairie, Texas, on July 22, 1992. The father, Ricardo Joel Gomez, is of Mexican origin, and the mother, Amanda Dawn (Mandy) Cornett (former actress), is of Italian origin. However, her parents divorced when Selena Gomez was five years old. She has two sisters, one of whom is a half-sister. Selena was born when her mother was only 16 years old, and at 21 she was already divorced. Her mother raised her alone after her divorce from Ricardo, and Selena Gomez was taught hardships and shortcomings as a child.
After Selena’s first TV debut as Gianna in “Barney & Friends”, when Selena was 11 years old, in 2004, she participated in an audition organized by the Disney Channel in Texas. Casting directors noticed the girl with an unforgettable smile and a sparkle in her eyes from thousands of other talented children. By winning this casting, Selena got her ticket to Hollywood. First, Selena appeared in an episode of “Suite Life with Zack and Cody” and then she played the bad girl Mikayla in “Hannah Montana”. In 2007, Selena won an audition again and received the main role of Alex Russo in the new Disney Channel TV series “Wizards of Waverly Place”.
Selena’s popularity skyrocketed as she became a Disney Channel princess, but her mother, Mandy, always reminded Selena to always stay true to herself and not let fame change the real person inside her. Selena also starred in many other films such as: “O Another Cinderella Story”, “Princess Protection Program” and “Ramona & Beezus”.
Selena Gomez was paid $30,000 for each episode of “Wizards of Waverly Place”, which aired 106 episodes between 2007 and 2012.
After her success in television, Selena Gomez also focused on her music career, wanting to be successful in this industry as well. This obviously happened, and now she has given up on most film projects and focused on the music side.
In 2013, Selena decided to become a solo artist, and “Stars Dance” became her first solo album.
The much-desired success came with the song “Naturally”, which quickly became a hit.
On October 23, 2019, Gomez released “Lose You to Love Me” as the lead single from her third studio album, “Rare”. The following day, she released the album’s surprise second single, “Look at Her Now”. “Lose You to Love Me” became Gomez’s first number-one single in the US.
In 2021, Selena Gomez achieved another goal by releasing “Revelacion” a fully Spanish EP with 7 songs, which was written by Selena herself.
In parallel with her acting and music career, Selena Gomez also appeared in various fashion campaigns, thus starting to flirt with the fashion industry. Selena Gomez even launched a collection of feminine and bohemian-style clothes.
On November 4, 2022, Selena Gomez released the documentary “My Mind & Me”, which includes moments from the artist’s private life and is directed by Alek Keshishian, who also handled the documentary about Madonna’s life, one of the best in the musical industry.
In the documentary available on Apple+, the emphasis is placed, in particular, on the mental problems that Selena Gomez encountered during her career.
In 2016 she signed an endorsement deal with the bag maker company, Coach, for the sum of $10 million. Selena collaborated with the American fashion brand Coach, for the creation of a limited edition of leather bags and accessories called “Coach X Selena Gomez”.
The creative director of the brand, Stuart Vevers, sensed a perfect fit between the history of American authenticity and luxury, which Coach has represented since 1941, and the fresh, youthful spirit of the former Disney star. What resulted is an inspired, refined, daring collection, made up of wallets, handbags and shoulder bags, and key chains.
Selena has become the face of a sportswear brand and is making a fortune from it. After associating her image with Louis Vuitton, it is no longer a secret for anyone that the artist has become the emblem of the Puma brand. In 2017 she signed a two-year endorsement deal with Puma for the sum of $30 million.
Earnings from Instagram
Selena was for many years and still is one of the most-followed personalities on Instagram. She has more than 363 million followers at the time this article is written.
She is paid by advertised brands $500,000 to $800,000 for a single Instagram post. It is estimated that only one of her Instagram posts is valued at $3.5 million by brands. Selena earns anywhere between $10 million and $15 million from different endeavors, mainly Puma, Coach, and Instagram.
Over time Selena Gomez has owned several houses.
In July 2011, she purchased a house in Tarzana, California for $2.175 million. In May 2014, she listed this house for sale for $3.495 million and sold it in October 2014 for $3.45 million.
The same year, Selena purchased a house in a Calabasas gated community for $3.69 million. She tried to sell this home for $4.495 million at some point but sold it for a smaller amount. In February 2020, the rapper French Montana, who bought the house, listed it for sale for $6.6 million.
In 2015, Selena purchased a large house in Fort Worth, Texas, and listed it for sale in 2016 and 2017 for $3.499 million. As she couldn’t find a buyer, she listed it again in 2018 for $2.999 million. Finally, she sold the house in October 2020 for $2.4 million.
In 2017, Selena paid $2.249 million for a relatively-modest home in Studio City, California. However, she listed it for sale for $2.799 million one year later.
In April 2020, she purchased a house in Encino, California for $4.9 million.
Selena Gomez was previously in a relationship with Nick Jonas and appeared in the music video for the Jonas Brothers’ song “Burnin’ Up”.
She later started dating Justin Bieber in 2010.
The star has had sporadic relationships with artists such as Zedd and The Weekend during her hiatus from Bieber.
Selena finally ended her relationship with Bieber for good in 2018. The singer later wrote a song titled “Lose You to Love Me”, which was allegedly about her relationship with Justin Bieber.
A source recently revealed and noted that even though the singer is single, she’s doing well:
“Selena isn’t dating anyone in particular right now. She’s more open to love, but she’s very focused on herself and her work right now.”
In 2017, after being diagnosed with lupus, actress Francia Raisa donated a kidney to Selena Gomez. At the time, the Disney star detailed the drama she went through and how her friend of over 10 years, Francia, stood by her. That’s exactly why she called her “her sister”.
Also, four years ago, Selena Gomez started hearing voices, which triggered a psychotic breakdown. She had become paranoid and was diagnosed with bipolar disorder.
Selena Gomez has also been involved in philanthropic actions over time, such as the “Island Dog” charity, through which she helped dogs in Puerto Rico. She is also a UNICEF ambassador and advocates for the right to life of children in underdeveloped countries.
For UNICEF, as an ambassador and later as a spokesperson, Selena Gomez participated in numerous philanthropic actions and many times donated a part of her earnings to various noble causes.