Taylor Swift and Selena Gomez will soon become billionaires in international showbiz. 16 years after becoming friends, Swift has officially become a billionaire, and Gomez will soon rise in rank.
Two famous Hollywood singers – Taylor Swift and Selena Gomez – have become the richest best 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.
Two famous female singers in Hollywood – Taylor Swift (right) and Selena Gomez (left) (Photo: Daily Mail).
Swift has now joined the top 14 billionaires in the world of culture and sports. She has an estimated fortune of up to 1.1 billion USD. This fortune is calculated by Forbes based on revenue from the Eras tour , the value of Swift’s musical assets and her real estate collection across the US.
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 has made her fortune mainly through business. The most notable of these is the cosmetics brand Rare Beauty, which Gomez founded four years ago. This brand is doing well.
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, sales in 2022 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 every year, the Rare Beauty cosmetics brand is catching the eye of many “big guys” 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 financial experts estimate that Selena Gomez’s cosmetics brand is now worth more than $2 billion on the market. Selena could quickly join the billionaire club by starting her own business or reselling the brand. The fact that Swift and Gomez both join the billionaire 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.
Gomez has her own entertainment company, July Moon Productions, which produced the hit series 13 Reasons Why (2017–2020) and has produced Gomez’s new music.
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 collaborate with her. The advertising contracts that Gomez signs with big brands bring her remunerations up to tens of millions of USD.
In fact, Gomez is the third highest-earning star on the Instagram platform. Statistics released by analytics sites in 2023 show that Gomez is only behind two famous players Cristiano Ronaldo and Lionel Messi in earning money from Instagram.
