Inside Selena Gomez’s rare billionaire success story

Selena Gomez went from running out of gas money with her family as a child to becoming a self-made billionaire at 32.

Transcript

00:00Selena Gomez is officially a billionaire, but her journey to billionaire status wasn't on an easy

00:05road. The now 32-year-old says she grew up in poverty and even told Elle magazine how her then

00:11teenage mom's car would get stuck on the highway because they'd run out of gas money. Gomez started

00:16acting at 10 years old on Barney and Friends, landing the lead role in Disney's Wizards of

00:21Waverly Place five years later. Her acting and music career have flourished with three studio

00:26albums, nine top 10 pop hits, 44 singles, and two Grammy nominations. But her billions don't

00:32just come from acting and singing. Roughly 84% of Gomez's wealth, 1.1 billion dollars,

00:38comes from a stake in her makeup brand Rare Beauty, which she founded just five years ago

00:42according to Bloomberg. And she's one of the youngest self-made billionaires in the country.