Selena Gomez has been in the entertainment industry for over a decade, but her net worth is shockingly low. Selena’s net worth is estimated to be only $20 million, which is extremely low for someone who has been so successful and influential. There are several reasons why Selena’s net worth is so low.
First of all, she started out her career as a child star on the Disney Channel show “Wizards of Waverly Place.” While child stars typically make good money, they often don’t have much control over their finances and their parents or guardians usually receive a large portion of their earnings. Additionally, Selena has been very open about her struggles with mental health and addiction, which have likely impacted her ability to earn income.
Finally, Selena has been generous with her money and has donated millions of dollars to charity. While this is admirable, it does decrease the amount of money she has available to herself.
Why is Selena Gomez’s net worth so low?
There are a few possible explanations. For one, Gomez has never been a huge box office draw – her highest grossing film to date is ‘Ramona and Beezus’, which made just under $50 million worldwide. She also doesn’t have any major endorsement deals, unlike some of her peers (think: Kendall Jenner and Kylie Jenner, who are each estimated to be worth around $100 million thanks to their successful businesses).
It’s also worth noting that Gomez has been fairly open about her battle with anxiety and depression, which may have impacted her ability to work consistently over the years. And while she does have a sizable social media following (over 150 million Instagram followers), she doesn’t monetize it as much as some other celebrities do – meaning that she isn’t making nearly as much money from sponsored posts and ads as someone like Kim Kardashian West or Rihanna. Of course, there’s also the possibility that Gomez is simply smart with her money and hasn’t blown through her earnings like some other young celebrities have done in the past.
Whatever the reason, it’s clear that Selena Gomez isn’t quite as wealthy as you might think – but she’s still doing alright for herself!
How Rich is Selena Gomez Now?
According to Forbes, Selena Gomez is worth $75 million as of 2019. This makes her one of the richest celebrities under 30. The majority of her wealth comes from her music career, but she also earns money from acting roles, product endorsements, and her own clothing line.
Who is Richer Selena Gomez Or Justin Bieber?
According to Forbes, as of June 2017, Selena Gomez is worth $44 million while Justin Bieber is worth $265 million. Thus, Justin Bieber is richer than Selena Gomez by over $200 million.
The majority of Justin Bieber’s wealth comes from his successful music career.
He started releasing music in 2009 and since then has released four studio albums, which have all been commercially successful. In addition to album sales, Justin Bieber also earns a significant amount of money from touring and merchandise sales. For example, his Purpose World Tour earned him over $250 million.
Selena Gomez’s wealth also comes primarily from her music career. She started her career as a child actress on the Disney Channel show Wizards of Waverly Place before transitioning into a successful singing career. To date, she has released three studio albums and has gone on multiple tours, including her Revival Tour which grossed over $60 million.
In addition to music, Selena Gomez also earns money through endorsements and investments; she is a minority owner of the streaming service Spotify and has endorsement deals with Adidas and Coach among others.
How Much Did Selena Get Paid for Barney?
It’s estimated that Selena Gomez was paid around $500,000 for her role as Gianna in Barney & Friends. Her salary was likely bumped up a bit because she became a series regular in the show’s final season. For comparison, another Barney & Friends cast member, Ashley Tisdale, was reportedly paid $30,000 per episode during her time on the show.
How Did Selena Gomez Make Her Money?
Selena Gomez is an American singer, actress and producer. She started her career as a child actress on the children’s television series Barney & Friends (2002–2004). In 2007, she signed a contract with Hollywood Records and subsequently formed her band Selena Gomez & the Scene the following year.
The band released three studio albums by 2011. Gomez also starred in the films Another Cinderella Story (2008), Princess Protection Program (2009) and Wizards of Waverly Place: The Movie (2009). She produced and starred in the film Monte Carlo (2011).
Following the commercial success of Wizards of Waverly Place, Gomez worked on various films set to be released in 2012 and 2013. Gomez has earned several accolades for her work as an actress and singer. She has won numerous awards throughout her career, including an ALMA Award, one Billboard Music Award, five MTV Video Music Awards, seventeen Teen Choice Awards and two People’s Choice Awards.
“Come & Get It”, “Good for You” and “Same Old Love” have topped the US Billboard Hot 100 chart; while “The Heart Wants What It Wants” peaked at number six becoming her highest-charting single in that country to date. With sales exceeding 7 million copies worldwide, Stars Dance became Gomez’s first album to top the US Billboard 200 chart.
Selena Gomez Net Worth Rare Beauty
Selena Gomez is an American singer, actress and producer. She has a net worth of $75 million. Gomez started her career as a child actress on the children’s television series Barney & Friends (2002–2004).
In 2007, she signed a recording contract with Hollywood Records and released her debut studio album, Kiss & Tell (2009). Her second studio album, A Year Without Rain (2010), was certified platinum in the United States. Gomez achieved mainstream success with her third studio album, When the Sun Goes Down (2011), which peaked at number three on the US Billboard 200 chart and produced the top-ten single “Love You like a Love Song”.
Her commercial success continued with her fourth studio album, Stars Dance (2013), which topped the US Billboard 200 and spawned the top-ten single “Come & Get It”. During this time, Gomez also began to branch out into acting. She had starring roles in films such as Ramona and Beezus (2010) , Monte Carlo (2011) , Spring Breakers (2012) , Getaway (2013) and The Fundamentals of Caring (2016) .
In 2017, she released her first Spanish-language album, SG2: Selena Gomez y Los Dinos . Gomez’ net worth comprises earnings from her music career as well as from endorsements and other business ventures. For example, she has endorsement deals with Adidas NEO , Coach , Inc.
Verizon Wireless and Coca-Cola . She has also launched her own fashion line called Dream Out Loud by Selena Gomez . In addition to all of this, Selena owns several homes including a luxury mansion in California that is valued at over $2 million.
Conclusion
If you take a look at Selena Gomez’s net worth, you might be surprised to see how low it is. After all, she’s been a successful singer and actress for many years. So why is her net worth so low?
Well, there are a few reasons. For one thing, Gomez is only 28 years old. She’s still early in her career, and she hasn’t had the same level of success as some other singers and actors who are older than she is.
Additionally, Gomez has struggled with mental health issues and has been open about her battle with anxiety and depression. This has led to her taking breaks from her career, which has undoubtedly impacted her earnings. Finally, it’s important to remember that celebrities often have high expenses due to their lavish lifestyles.
They may own multiple homes, travel frequently, and buy expensive clothes and jewelry. All of these factors can contribute to a lower net worth despite a high income. So there you have it!
That’s why Selena Gomez’s net worth is relatively low despite her successful career.
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