Selena Gomez and Justin Bieber were one of the most romantic couples in the town. Unfortunately, their relationship came to an end after 8-years-of relationship in 2018. Fans are divided into two groups, one supports Selena and the other one supports Justin. Most of them are curious about their net worth. In this article, let’s find out who is wealthier, Selena Gomez or Justin Bieber.
Net Worth of Selena Gomez and Justin Bieber:
Selena Gomez and Justin Bieber are two of the biggest names in the musical world. Not only from music, but they also make a lot of money from brand promotion, business, social media, and investments. Let’s have a look:
The Net Worth of Selena Gomez:
Selena Gomez’s net worth was reported $95 million in 2022. But surprisingly, in 2023 her net worth surged a rocket-high $800 million, according to Marca. Selena Gomez started her career as a child actress, but when she was 17 she crossed the $1 million mark. Besides acting and music, her lion-share part of her wealth comes from “Rare Beauty”, her highly profitable makeup company.
How does Selena Gomez make money?
Besides, acting and music, Selena is an excellent investor and entrepreneur. She founded “Rare Beauty” in February 2019, which is now a very successful cosmetics brand. As of 2023, Rare Beauty’s net worth is more than $1.2 billion.
Apart from Rare Beauty, Selena is also an investor and co-owner of the ice cream brand Serendipity. The 31-year-old American singer is also the co-owner of co-founder of a mental health startup called Wondermind, which raised $5 million at a $100 million valuation in August 2022.
Selena signed a two-year deal with PUMA worth $30 million in 2017 to promote athletic wear and fashion. Just prior to this, Selena signed a $10 million endorsement deal with bag maker, Coach.
Selena Gomez has a huge fan following on Instagram. She reportedly earns around $500,000 to $800,000 for a single sponsored post. From various endeavors, deals, Instagram posts, and promotions Selena earns around $10-15 million per year.
Over the years, Selena had a few luxury homes. In 2011, she paid around $2.175 million for a 4500-square-foot home in Tarzana, California. Later in 2014, she sold the house for $3.4 million.
In 2014 she bought a 3.15-acre home for $3.69 million 3.15 acres in a Calabasas gated community. In April 2020, Selena purchased an 11,500-square-foot home in Encino, California for $4.9 million. There are many other unrecorded properties in her name which are not publicly disclosed.
Also Read: Brad Pitt vs Angelina Jolie: Who is Richer?
The Net Worth of Justin Bieber:
The 29-year-old Canadian singer has a net worth of $300 million according to Celebrity Net Worth. After becoming popular through YouTube back in 2007, he sold over 150 million records worldwide and did many lucrative global tours.
How does Justin Bieber make money?
Justin Bieber is a singer and actor. The lion’s share of his income came from his singing and acting. But besides that, Justin is a businessman as well as an entrepreneur. After the release of “Baby” in 2010, Justin Bieber became one of the most famous singers around the globe. Since then he never looked back.
In December 2022, it was revealed that Justin would sign a $200 million deal to sell his music catalog rights to Hipgnosis, a publicly traded music investment vehicle. The deal was finally signed in January 2023. This will allow Hipgnosis to earn all of the revenue generated by Justin’s songwriting credits and royalty stream. But the deal doesn’t include Justin’s master recordings and various other copyrights which are owned by his record company, Universal Music Group.
Justin Bieber is one of the most popular celebrities on social media. Twitter, Instagram, and YouTube, he has more than 100 million fans everywhere. It is reported that Justin charges around $1 million for every sponsored post.
Justin Bieber also related to many businesses and collaborations. He previously worked with many top companies like Proactive, Nicole by OPI, Walmart, Adidas, Calvin Klein, and Schmidt’s Naturals. Justin also released a few fragrances over the years such as “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition” (2014).
In 2019, Justin opened his own clothing brand Drew House. The next year, he partnered with Crocs on a limited edition of the brand’s footwear called Crocs x Justin Bieber. Notably, in December 2022, Justin Bieber launched his own clean water technology company, Generosity.
In 2012, Justin purchased $6.5 million for a home in the exclusive Calabasas gated community called The Oaks. But the neighbors were always complaining about his loud parties and his friends’ reckless driving. Later, he sold the house in 2014 to Khloe Kardashian at $7.2 million.
Next five years, Justin lived a vagabond life by renting homes in various parts of the world. At last, he bought a Beverly Hills mansion for $8.5 million and in 2021, sold it at $8 million. In August 2020, Bieber paid $28.5 million for a new home in Beverly Hills and his neighbors included Denzel Washington, Eddie Murphy, Rod Stewart, and Sylvester Stallone. Justin also owns a lakeside home in Ontario worth $5 million.
According to the updated stats, Selena Gomez is wealthier among the two because she is a better business person and entrepreneur. Justin’s current partner, Hailey Bieber takes care of his business whereas Justin focuses on his music.