The engagement of Selena Gomez and Benny Blanco has sparked curiosity about their financial standing. Both are high-profile figures in the entertainment industry, but their sources of wealth and overall fortunes are notably different.
Selena Gomez has built a financial empire that goes beyond her success as a singer and actress. As of 2024, her net worth is an impressive $1.3 billion, a figure that places her among the wealthiest women in the entertainment industry.
While Gomez's career in music and television has been lucrative - including her role in Hulu's hit series Only Murders in the Building, where she reportedly earns at least $6 million per season - her real financial breakthrough came from her beauty brand, Rare Beauty.
Launched in 2020, the cosmetics line quickly became a global sensation, thanks to its inclusive approach to beauty and makeup. Rare Beauty reported over $350 million in sales in 2023, propelling Gomez into billionaire status.
Unlike many celebrities who simply endorse beauty products, Gomez is deeply involved in her brand, which has significantly contributed to her growing wealth. Her diverse portfolio, spanning music, acting, and business, has allowed her to maintain multiple streams of income.
Benny Blanco's music industry success
Benny Blanco, known for his behind-the-scenes work as a music producer and songwriter, has also built an impressive financial portfolio. However, his net worth, while substantial, is more modest compared to his fianc?e. As of 2024, Blanco's estimated net worth is $50 million.
Blanco's wealth is rooted in the music industry, where he's worked with some of the biggest names in the business, including Ed Sheeran, Katy Perry and Maroon 5. He has co-written and produced chart-topping hits that have become global anthems.
Unlike Gomez, who has a wide array of revenue streams, Blanco's financial success is more narrowly focused on his contributions to the music industry. However, his role in creating some of the world's most memorable pop hits has secured him a steady income stream through royalties and production credits.