Two famous female singers in Hollywood – 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 after Swift officially launched her journey to become a professional female singer.
Swift has now joined 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 musical fortune 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 did not focus 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 got 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.
Two famous female singers in Hollywood – Taylor Swift (right) and Selena Gomez (left) (Photo: Daily Mail).
Rare Beauty’s sales in 2023 are estimated to exceed 300 million USD. This sales level is three times higher than the sales achieved in 2022. Previously, 2022 sales were already double the sales of 2021.
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 likely that Selena Gomez, after building a successful brand, will resell Rare Beauty at a high price and receive a huge sum of money.
Many experts in the financial field 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 reselling the brand. The fact that Swift and Gomez join 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 TV episode. In fact, in recent years Gomez has been more active in acting and making movies than singing.
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 produced the hit series 13 Reasons Why (2017-2020) and produced Gomez’s new music products.
At the beginning of 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, the 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 “line up” to cooperate in advertising with her. The advertising contracts that Gomez signed with major brands brought her salaries of up to tens of millions of dollars.
In fact, Gomez is the third highest-earning star on the Instagram platform. Statistics released 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 USD from an ad posting on this platform. Although there were periods when she allowed herself to pause in certain aspects of her entertainment career, Gomez actually never stopped working in the arts.
She has been a child actress since she was 10 years old. Gomez has been working tirelessly over the years in different fields such as singing, acting, filmmaking, cosmetics business…
Swift and Gomez became friends 16 years ago. In 2008, Taylor Swift dated singer Joe Jonas. Selena Gomez is dating male singer Nick Jonas. Through the Jonas brothers, the two female singers became acquainted with each other. They used to 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 ever since. 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 true friend in showbiz.
