Selena Gomez has officially become a billionaire, with her net worth estimated at $1.3 billion, according to Bloomberg. The bulk of her wealth comes from her successful Rare Beauty makeup line, launched in 2019 and available in the U.S., Canada, and Mexico.

Gomez, 32, began her career as a child actor and later transitioned into music and TV, starring in the Hulu series “Only Murders in the Building,” recently renewed for its fifth season. She will also appear in the musical drama “Emilia Perez,” releasing in theaters and on Netflix in November.

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Selena Gomez is one of the most popular people in Instagram, with over 424 million followers.

Aside from her acting, Gomez recently released new music through Interscope Records, including the singles “Love On” and “Single Soon.” She remains a strong presence on the Billboard charts, especially with her triple-platinum hit “Calm Down” with Rema.

In addition to Rare Beauty, Bloomberg highlighted Gomez’s business ventures in mental health through Wondermind, along with her brand deals, streaming earnings, and acting roles.

Her next major project includes starring in and executive producing the Disney+ reboot of “Wizards of Waverly Place,” now titled “Wizards Beyond Waverly Place,” which premieres on October 29.