Two famous Hollywood singers – Taylor Swift and Selena Gomez – have become the richest best friends in the American entertainment industry. Swift and Gomez met and became friends 16 years ago, when they were both dating the Jonas Brothers.

This month, Taylor Swift (34 years old) was officially included in the list of USD billionaires by the prestigious financial magazine Forbes (USA). This is 17 years after Swift officially started her journey to become a professional singer.

Two famous female singers in Hollywood – Taylor Swift (right) and Selena Gomez (left) (Photo: Daily Mail). 

Swift has now joined the top 14 billionaires in the world of culture and sports. She has an estimated fortune of up to 1.1 billion USD. This fortune is calculated by Forbes based on revenue from the Eras tour , the value of Swift’s musical assets and her real estate collection across the US.

Swift’s achievement is particularly impressive, as she built her fortune primarily on her singing career and did not focus on business activities. Meanwhile, Swift’s close friend, singer Selena Gomez (31 years old), has also managed to build her own fortune of about 800 million USD.

Unlike Swift, Gomez has made her fortune mainly through business. The most notable of these is the cosmetics brand Rare Beauty, which Gomez founded four years ago. This brand is doing well.

Rare Beauty’s 2023 sales are estimated to exceed $300 million, triple the 2022 sales, which were already double those of 2021.

Taylor Swift (right) and Selena Gomez (left) have had a 16-year friendship (Photo: Daily Mail).

With sales increasing exponentially every year, the Rare Beauty cosmetics brand is catching the eye of many “big guys” in the cosmetics industry. The “big guys” certainly have ambitions to acquire Gomez’s brand.

It is likely that after successfully building her brand, Selena Gomez will resell Rare Beauty at a high price and receive a huge amount of money.

Many financial experts estimate that Selena Gomez’s cosmetics brand is now worth more than $2 billion on the market. Selena could quickly join the billionaire club by starting her own business or reselling the brand. The fact that Swift and Gomez both join the billionaire club is something that will happen in the near future.

In addition to her lucrative cosmetics business, Selena Gomez is also a successful filmmaker. Singer Selena Gomez has also successfully tried her hand at acting and film production. Gomez’s current salary is around $600,000 per TV episode. In fact, in recent years, Gomez has been more active in acting and making films than singing.

Swift and Gomez joining the billionaire club will happen in the near future (Photo: Daily Mail). 

Gomez has her own entertainment company, July Moon Productions, which produced the hit series 13 Reasons Why (2017–2020) and has produced Gomez’s new music.

In the early stages of her career, Gomez earned a lot of money from singing. With her solo album Stars Dance (2013), Gomez earned her first $10 million. Then, her Stars Dance Tour (2013-2014) is estimated to have earned her another $35.3 million. Her album Revival (2015) earned Gomez $35.6 million…

On Instagram, Gomez has 430 million followers. Big brands “line up” to collaborate with her. The advertising contracts that Gomez signs with big brands bring her remunerations up to tens of millions of USD.

In fact, Gomez is the third highest-earning star on the Instagram platform. Statistics released by analytics sites in 2023 show that Gomez is only behind two famous players Cristiano Ronaldo and Lionel Messi in earning money from Instagram.

Selena Gomez shares her makeup routine for a night out (Video: Vogue).

Gomez earns an average of $2.5 million per ad post on the platform. While she has had periods where she has allowed herself to take a break from certain aspects of her entertainment career, Gomez has never stopped working.

She has been a child actress since she was 10 years old. Gomez has worked tirelessly over the years in different fields such as singing, acting, filmmaking, cosmetics business…

Swift and Gomez have been friends for 16 years. In 2008, Taylor Swift dated singer Joe Jonas. Selena Gomez dated singer Nick Jonas. Through the Jonas brothers, the two singers got to know each other. They used to hang out together and attend each other’s important events to show goodwill.

The relationship ended, but the two singers have remained friends ever since. Swift and Gomez still attend many events together, and have been present at important milestones in each other’s lives and careers. Selena Gomez once declared that Taylor Swift is her only true friend in showbiz.

Singer Taylor Swift (Photo: Daily Mail).

Taylor Alison Swift (born 1989) is a famous American singer and songwriter. Swift began writing professionally at the age of 14. She had her first recording contract in 2005 with Big Machine Records. She quickly achieved success as a country pop singer with albums such as Taylor Swift (2006), Fearless (2008) and Speak Now (2010).

Singles like Love Story and You Belong with Me saw Swift successfully blend country and pop, propelling her to international stardom. Her fourth album, Red (2012), was an experiment with electronic music, and the hit We Are Never Ever Getting Back Together was released.

Swift made a change in image, from a country star to a pop star with the album 1989 (2014). This is a pop album that produced hits such as Shake It Off , Blank Space , Bad Blood . The album Reputation (2017) produced the hit Look What You Made Me Do.

After signing a recording contract with Republic Records in 2018, Swift released the album Lover (2019) and the biographical documentary Miss Americana (2020). Swift explored indie folk music on the albums Folklore and Evermore , both released in 2020. She added electronic pop to the album Midnights (2022).

The Eras International Tour (2023–2024) and its film became the highest-grossing tour and tour film of all time.

Swift is one of the world’s best-selling artists, with over 200 million records sold worldwide as of 2019. She is also the highest-grossing touring artist in music history and the female singer with the largest audience on several digital music platforms. Swift is the first female billionaire to build a “billion-dollar” fortune primarily from her singing career.

In 2023, Time magazine named Swift Person of the Year. Swift has appeared on many prestigious magazine lists of the greatest artists of all time and the most powerful women in the world. She has won countless music awards, most impressively 14 Grammy Awards. Swift holds the record for Album of the Year with 4 Grammy Awards.

Singer Selena Gomez (Photo: Daily Mail). 

American singer Selena Marie Gomez (born 1992) is also known as an actress, filmmaker, and businesswoman. She began her career in showbiz as a child actress. Selena appeared in the children’s television series Barney & Friends (2002-2004).

Selena became a teen idol after her role in the television series Wizards of Waverly Place (2007–2012). Selena got her first recording contract in 2008. She initially performed in the pop rock group Selena Gomez & the Scene. The group released three albums between 2009 and 2011 and achieved impressive success.

Selena officially became a solo singer since the EDM-inspired album Stars Dance (2013). This album created the successful single Come & Get It . The electropop-inspired album Revival (2015) produced successful singles such as Good for You , Same Old Love , Hands to Myself .

The album Rare (2020) featured the single Lose You to Love Me, which achieved impressive success. Selena has also collaborated with other artists and created very successful singles, including We Don’t Talk Anymore , It Ain’t Me , Wolves , Taki Taki , Calm Down (Remix). As an actress, Selena Gomez has appeared in a number of television series and films.

As a filmmaker, Selena has produced the series 13 Reasons Why (2017-2020), the documentary Living Undocumented (2019), the culinary show Selena + Chef (2020-present), and the series Only Murders in the Building (2021-present). In both her singing and acting careers, Selena has achieved impressive achievements, and has received many prestigious awards.

In addition to her activities in showbiz, Selena is also very active in charity activities. Selena is also a businesswoman, she has her own cosmetics brand, Rare Beauty, which Selena launched in 2020. This brand is currently estimated to be worth around 2 billion USD.

Billboard music magazine listed Selena among the most successful artists of the 2010s. With over 430 million followers, Selena is one of the most followed women on Instagram.