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.
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.
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 “cool” 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. 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 art.
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.
Taylor Alison Swift (born 1989) is a famous American singer and songwriter. Swift began composing professionally at the age of 14. She had her first recording contract in 2005 with Big Machine Records. She quickly achieved success as a female pop country singer with albums such as Taylor Swift (2006), Fearless (2008) and Speak Now (2010).
Singles like Love Story or You Belong with Me witnessed the successful intersection of country and pop music, helping Swift rise in rank and become an international music star. The fourth album of her career – Red (2012) – is an experiment with electronic music. From this album she had the hit We Are Never Ever Getting Back Together.
Swift made a transition in image, from a country music star to a pop star with the album 1989 (2014). This is a pop music compilation album that created hits like Shake It Off , Blank Space , Bad Blood . The album Reputation (2017) created the hit song Look What You Made Me Do.
After signing a recording contract with Republic Records in 2018, Swift released the album Lover (2019) and the biographical documentary Miss Americana (2020). Swift exploited the indie folk style in the albums Folklore and Evermore released in 2020. She introduced electronic pop in the album Midnights (2022).
The Eras international tour (2023-2024) and the film surrounding this tour have become the highest-grossing tour and tour film of all time.
Swift is one of the world’s best-selling artists with more than 200 million records sold globally as of 2019. She is also the female artist on tour with the highest sales in music history, a female. Singer attracts the largest number of music listeners on several digital music platforms. Swift is the first female billionaire to build a “billion dollar” fortune mainly from her singing career.
In 2023, Time magazine honored Swift as Person of the Year. Swift has repeatedly appeared on prestigious magazine lists surrounding the greatest artists of all time and the most powerful women in the world. She has won countless music awards, the most impressive of which are 14 Grammy awards. Swift holds a record with 4 Grammy awards for Album of the Year.
American singer Selena Marie Gomez (born 1992) is also known as an actress, filmmaker, and businesswoman. She started her career in showbiz as a child actress. Selena appeared in the children’s television series Barney & Friends (2002-2004).
Selena became a teen idol after her role in the television series Wizards of Waverly Place (2007-2012). Selena got her first recording contract in 2008. At first, she worked in the pop rock group Selena Gomez & the Scene. The group released 3 albums from 2009 to 2011 and achieved many impressive successes.
Selena officially became a solo singer since the album Stars Dance (2013) with EDM style. This album spawned the successful single Come & Get It . The album Revival (2015) had an electropop style that produced successful singles such as Good for You , Same Old Love , Hands to Myself .
The album Rare (2020) has the single Lose You to Love Me , which reaped impressive achievements. Selena has also collaborated with other artists and created very successful singles, including We Don’t Talk Anymore , It Ain’t Me , Wolves , Taki Taki , Calm Down (Remix). As an actress, Selena Gomez has appeared in a number of television series and movies.
As a filmmaker, Selena has produced the series 13 Reasons Why (2017-2020), the documentary Living Undocumented (2019), the culinary show Selena + Chef (2020-present), the series Only Murders in the Building (2021-present). In her singing and acting career, Selena has reaped impressive achievements, she has received many prestigious awards.
Besides her activities in showbiz, Selena is also very active in volunteering activities. Selena is also a businesswoman, she has her own cosmetics brand, Rare Beauty, which Selena launched in 2020. Currently this brand is estimated to be worth about 2 billion USD.
Billboard music magazine included Selena in the list of the most successful artists of the 2010s. With more than 430 million accounts, Selena is one of the most followed women on Instagram.
