Taylor Swift and Selena Gomez are poised to become the next billionaire duo in the entertainment industry. Sixteen years after becoming friends, Swift has already reached billionaire status, with Gomez not far behind.
The two stars, who met through the Jonas brothers in 2008, have established themselves as influential figures in Hollywood. This month, Taylor Swift, 34, was officially listed as a billionaire by Forbes, 17 years into her professional singing career. With an estimated net worth of $1.1 billion, Swift’s wealth comes from her Eras Tour revenue, music catalog, and real estate holdings.
Swift’s fortune is particularly impressive because it’s primarily from her singing career, with minimal business ventures. In contrast, her best friend Selena Gomez, 31, has built an estimated $800 million fortune largely through business, particularly her successful beauty brand Rare Beauty, founded four years ago. In 2023, Rare Beauty’s sales exceeded $300 million, attracting major industry players interested in acquisition.
Financial experts estimate Rare Beauty is currently valued at over $2 billion, which could propel Gomez into the billionaire club if she sells it. Gomez, a successful filmmaker and actress, earns $600,000 per TV episode and has shifted focus to acting and filmmaking in recent years.
Gomez owns her entertainment company, July Moon Productions, which produced the hit series *13 Reasons Why* (2017-2020) and her recent music projects. Early in her career, Gomez earned substantial income from her music, with her *Stars Dance* album and tour bringing in significant revenue.
On Instagram, Gomez has 430 million followers, making her one of the most-followed celebrities. Major brands offer lucrative endorsement deals, earning her an average of $2.5 million per sponsored post. Despite occasional breaks, Gomez has never stopped working in the entertainment industry since starting as a child actress at age 10.
Swift and Gomez’s friendship has remained strong for 16 years, even after their romantic relationships with the Jonas brothers ended. They continue to support each other at events and milestones. Gomez has publicly declared Swift as her only true friend in showbiz.
Taylor Swift, born in 1989, is a renowned American singer-songwriter. She signed her first recording contract with Big Machine Records in 2005 and quickly found success as a country pop singer. Her albums like *Fearless* (2008) and *1989* (2014) produced numerous hit singles, solidifying her as an international pop icon.
Swift transitioned from country to pop with her album *1989* (2014), featuring hits like *Shake It Off* and *Blank Space*. Her *Reputation* album (2017) included the hit single *Look What You Made Me Do*. Swift’s *Eras* tour (2023-2024) became the highest-grossing tour of all time. She is one of the world’s best-selling music artists, with over 200 million records sold globally as of 2019, and the first female billionaire primarily through singing.
Selena Gomez, born in 1992, is an American singer, actress, filmmaker, and businesswoman. She started as a child actress on *Barney & Friends* (2002-2004) and became a teen idol with *Wizards of Waverly Place* (2007-2012). Gomez transitioned to a solo music career with her EDM-influenced album *Stars Dance* (2013), featuring the hit single *Come & Get It*.
Gomez’s album *Revival* (2015) and *Rare* (2020) produced successful singles, and she collaborated with other artists on hits like *We Don’t Talk Anymore* and *Taki Taki*. As a filmmaker, Gomez produced *13 Reasons Why* (2017-2020) and the cooking show *Selena + Chef* (2020-present).
Gomez is also a philanthropist and runs her successful cosmetics brand, Rare Beauty, launched in 2020. Billboard listed Gomez as one of the most successful artists of the 2010s decade. Despite occasional breaks, Gomez continues to work in various fields, maintaining her status as a leading figure in the entertainment industry.
Selena Gomez and Taylor Swift’s remarkable success stories highlight their significant achievements in the entertainment industry. With Gomez on the brink of joining Swift in the billionaire club, their friendship and influence are set to reach new heights.
