Selena Gomez Net Worth in 2016 Will Skyrocket—Here’s Why!

How Rich is Selena Gomez
Photo: Splash News

Fans of Selena Gomez have had the luxury of seeing her grow up right in plain view. Through her TV shows, movies, and music, we’ve had an inside track on Selena’s life, ever since her early beginnings as a Disney star. Selena Gomez’s net worth has been estimated to be as high as $45 million according to some sources, while others have calculated her net worth to be as low as just over $5 million.

We’ve had the privilege of seeing the very profitable Selena Gomez net worth value grow with her status, and both her personal growth and bank account have come quite a long way in her 23 years. So, just how rich is Selena Gomez now?

Selena Gomez has many titles to her name, including musician, designer, and brand ambassador. But it was through her early roles as an actress that we were first introduced to this Texas-born sweetheart, who was born to Italian and Mexican parents in 1992.

By averaging out her worth through several sources, the best estimate for Selena’s net worth is approximately $16 million, earned from a combination of film, music, investments, and brand partnerships.

Early Years in the Spotlight

We first saw Selena Gomez as young Gianna on Barney and Friends. Gomez was still a preteen then, and the role lasted from 2002 up till 2004, during which she made 14 appearances. Her standout TV role, however, came shortly after when she starred in the Disney channel series The Wizards of Waverly Place—Gomez played the real role of Alex Russo. From 2007 till 2012, she appeared in 106 episodes, including two spin-off Wizards of Waverly movies. She also made cameo appearances in several other TV shows and movies, including Hannah Montana and Spy Kids 3D: Game Over. She even showed up in a Jonas Brothers music video.

salena gomez as kid

But it was her role as Alex Russo in Wizards that really put her over the top as a popular child actor, along with making her a lot of money. She was reportedly paid $30,000 for each episode. That means in her five years on the show, Selena likely grossed just over $3 million, all before she was 20 years old.

From Disney to Music and Movies

Now that she’d had her first taste of stardom and made more money than most adults twice her age, Selena Gomez wanted to lose the Disney tag and expand her brand past the kid-centric roles. Music became her next venture, and it certainly paid off. In the coming years, Gomez would release three albums with her band called Selena Gomez and the Scene, two solo albums (including her most recent chart-topping Revival album), and a best-of album that ended up being her last with her previous label, Hollywood Records. Gomez’s joint sales of all her albums approximately total an estimated $3 million worldwide.  

salena gomez performing in black dress

No matter what venture Selena veered off to (and there were plenty), she always seemed to return to acting. She did a voiceover in the popular 2012 kids movie Hotel Transylvania (as well as its sequel), starred in a double role for the 2011 movie Monte Carlo, and took a risk by playing a more mature role in the Harmony Korine-produced Spring Breakers, which co-starred James Franco, Vanessa Hudgens, and Ashley Benson.

Endorsements and Investments

Of course, Selena Gomez couldn’t just stop there. She had become a bonafide star in Hollywood and understood how she could leverage that title into more opportunities, and eventually, more money. She launched her Dream Out Loud clothing line in 2009, partnered with ID Perfume to launch her first fragrance in 2011, and later signed a licensing deal with the now-defunct perfume company Adrenalina (although they tried suing her for backing out of an endorsement deal when their business was failing). Her most recent endorsement deal was becoming a spokesperson for Pantene, which she signed in the summer of 2015 for a reported salary of $3 million.

She’s also worked with several other mainstream brands, including O.P.I, Apple (to promote the iPhone 6S), and Beats By Dre.

In total, Selena has had four major endorsement deals, has released 11 singles and five albums, and started her own clothing line. That seems like a lot for someone who has barely hit her mid-twenties. At 19, she also showed some serious savviness as an investor with a contribution to a $750,000 round of angel investment for the L.A. start-up Postcards on the Run, a popular photo-sharing app. She said she invested her money in the project because she felt like “it had meaning.” Forbes reported back in 2012 that one Facebook post from Gomez lead to 20,000 downloads in just one day.

Selena Gomez’s Career Today

Selena Gomez Net Worth (Estimated Maximum) $45 million
Net Worth Compared to Justin Bieber’s 4.4 times smaller
Net Worth Compared to Miley Cyrus’ 3.3 times smaller
Net Worth Compared to Taylor Swift’s 4.4 times smaller
Net Worth Compared to Donald Trump’s 126.7 times smaller
Net Worth Compared to the average American household 662 times bigger

* All values are based on estimates from various sources.

Despite the success Selena Gomez has had so far, it’s safe to say that her most successful and profitable days are likely still ahead. This year alone has been incredible for the young star. For starters, she landed a small role in the critically acclaimed movie The Big Short in December 2015. What’s more, she’s got at least two more movies in the works for 2016: the drama In Dubious Battle alongside James Franco and Bryan Cranston, and the comedy sequel Bad Neighbors 2 with Seth Rogen, Zac Efron, and Chloë Grace Moretz.

On the music front, her Revival album has also earned her credit as a more serious artist, which likely further boosted her salary from live performances, and she has even furthered her movement into philanthropy. She’s lent her name and dollars to the Malala Fund, UNICEF, the Ryan Seacrest Foundation, and the ALS Association, just to name a few.

Expect Selena Gomez’s net worth to continue to rise with her star power. She’s managed to stay away from too much controversy, Justin Bieber aside, and has proven to be a bankable entertainer and ambassador. Don’t be surprised to see a few more zeros beside her name in the next few years!
Photos: Instagram/selenagomez



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