Quoted By:
>Selena Gomez joins billionaire celebrity rich list
>The 32-year-old actress and singer has amassed a fortune worth $1.3bn, according to Bloomberg, which added the celebrity to its billionaire index on Friday.
>It said her wealth came mainly from her Rare Beauty make-up company, which she founded five years ago and retains a stake in worth more than $1bn, the publication estimated.
>The brand's success has made her one of the "youngest female self-made" wealthy on the list, alongside the likes of Taylor Swift and Rihanna.
>Rare Beauty, known for liquid blush and lip tint that have had viral success on social media, reportedly did net sales of $400m in the 12 months to February.
>Gomez has also brought in tens of millions of dollars from endorsement deals with the likes of Louis Vuitton, Coach and Puma, according to Bloomberg.