The 32-year-old actress, singer and entrepreneur has reached the status of a billionaire.
Bloomberg estimates her wealth at $1.3 billion.
Most of her wealth comes from Rare Beauty, her make-up line that is very successful with influencers and young people. Gomez also has income from music, acting and partnerships with various brands. In addition, it has invested in mental health platform Wondermind.
On Instagram, she is the third most followed person, with 424 million followers, after Cristiano Ronaldo and Lionel Messi. This has secured her major deals with brands like Puma and Coach.
Her success on social networks has helped Rare Beauty to be among the most popular make-up brands.
She also earns from her Hulu series, Only Murders in the Building, about $6 million per season.