From Humble Beginnings To Billionaire: Selena Gomez's Remarkable Journey

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From Humble Beginnings To Billionaire: Selena Gomez's Remarkable Journey
Selena GomezRare BeautyBusinesswoman
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Selena Gomez, despite a childhood marked by poverty and hardship, has risen to become a billionaire businesswoman. Her cruelty-free makeup brand, Rare Beauty, is valued at $2 billion, contributing significantly to her estimated net worth of over $1 billion.

BORN into poverty to a teenage mum, Selena Gomez remembers times when their car ran out of petrol on the motorway as they could not afford fuel.It is a long way from her humble roots in a “really rough neigh-bourhood” of Grand Prairie, Texas, where mum Mandy Teefey was just 16 when she gave birth to her.

Yet according to Bloomberg, her net worth now is just ahead of pop superstar Taylor, who was pegged at $1.1billion by Forbes. Cruelty-free brand Rare Beauty, which launched in 2020, has brought in 80 per of the cash. It is now worth an estimated $2billion, with Selena holding a $1billion stake. At the time, Selena was in a high-profile, three-year, on-off relationship with popstar Justin Bieber before he started bouncing between her and model Hailey Baldwin, niece of actor

Selena said: “I was going through a really tough break-up, and then I was left with the question of my career and where am I gonna go and what’s gonna happen.

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