NEWS
How Taylor Swift and Selena Gomez are both set to join the nine-digit club 16 years after meeting while dating Jonas brothers
The best friendships are made of trust, respect – and in Taylor Swift and Selena Gomez’s case, more than $1.9 billion between them.
The longtime pals – who first crossed paths 16 years ago, when they were both romantically linked to the Jonas Brothers – have both made huge fortunes in their illustrious careers.
Just this month Taylor, 34, officially reached billionaire status, 17 years into her incredible journey to becoming music’s biggest superstar.
On Tuesday, Forbes released their 2024 billionaire list and the singer climbed to fourteenth place.
The lyrical wonder, 34, who is the most famous newcomer on the list, amassed an estimated $1.1 billion fortune, based on earnings from her blockbuster Eras tour, the value of her music catalog and her real estate portfolio.
This is on top of huge earnings from her first six albums, which she re-recorded as she negotiated with streaming platforms how her music is monetised.
The accomplishment is particularly monumental as she is among a small few who’ve achieved the milestone ‘through music and performing alone’.
Meanwhile Selena, 31, is estimated to have a net worth of $800 million, the majority of which, according to Parade.com, is thought to come from her successful make-up brand Rare Beauty.
The ex-Disney star set up the company only four years ago, and it has been hugely popular.
In October, Fast Company reported that Rare Beauty was expected to exceed $300 million in sales in 2023, according to industry insiders – ‘triple what it earned in 2022, when sales doubled from 2021’.
Meanwhile, recent rumours have also sparked speculation that Selena was going to sell the brand.
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