Four Months After Outrunning Dwayne Johnson on Instagram, Selena Gomez Is Close to Financially Surpassing Hollywood’s Highest-Paid Actor With a 742% Profit

It takes a lot of effort to start from scratch and become financially successful. Ask pro-wrestler-turned-actor Dwayne Johnson. The 51-year-old Hollywood superstar knows a thing or two about struggles and successes. There was a point in time when he had just $7 dollars in his pocket. Now, after several years of hard work, Johnson’s net worth is a hefty $800 million. And not just the finances, he also has a healthy social media following of 388 million on Instagram. While this is impressive, wait till you hear another story of Selena Gomez, who turned 31 on July 22. 

Though she’s 20 years younger than Johnson, Gomez’s purse now reportedly weighs the same as Johnson’s and is on course to overtake his haul. Do you know what is even more impressive? Her wealth skyrocketed 742 percent in one year alone!

Knocking at the billion-dollar club, Selena Gomez reveals her true passion in life

Unlike The Rock, Selena Gomez started out early in Hollywood, as a child actor. Later she found fame as a singer. While Gomez has enjoyed adulation from fans over the years, she has also struggled with anxiety and depression, much like The Great One.

However, not giving up hope, Gomez channelized her thoughts into creative and financial work and transformed herself into an entrepreneur. The year 2020 was a breakthrough year for the actor-singer, as she invested in and co-owned New York-based ice cream brand Serendipity. In September of that year, she started her own makeup company, Rare Beauty.

Sharing a post on Instagram- where she has over 426 million followers, thus outrunning Johnson and becoming the only Hollywood celebrity to breach the 400M mark in March- on her birthday, Gomez thanked her company and also shared her true passion in life. “Because of YOU we’ve been able to raise awareness and increase access to mental health services for young people. This is my true passion in life,” the birthday girl wrote.

Backed by tennis legend Serena Williams’ Serena Ventures, Gomez launched ‘Wondermind’, a mental health startup, in 2022. She also wrote that if anyone wants to gift her anything for her birthday, they could donate to her Rare Impact Fund, which will facilitate her passion.

Read More: $800M Worth Dwayne Johnson Lost Two Hundred Thousand Dollars a Day for Three Weeks Following His Defeat Against John Cena In 2013

But how did Gomez accumulate her wealth? For that matter, how did Dwayne Johnson go from $7 to $800 million?

Here’s how Gomez and Johnson possibly made their wealth

Let us first take a look at Johnson. He is the most ‘electrifying man in sports entertainment’, the ‘People’s Champion’, but despite all that, pro wrestling didn’t contribute much to his financial growth. In fact, Johnson started drawing the fat checks after moving to Hollywood. But if you think that built his empire, think again.

The Brahma Bull, like Gomez, is an entrepreneur, and a successful one at that. He has multiple ventures, ranging from film production to fitness to FMCG. Johnson’s spirit brand, Teremana Tequila, as per the WWE legend, is the fastest-growing spirit brand in the US. It is estimated to be worth over $3 billion. The 51-year-old has a hefty share in the business and makes a substantial amount from it.

Apart from that, he has shares in ZOA, Project Rock, Seven Bucks Productions, and the recently revamped American minor football league XFL.

On the other hand, Gomez’s exceptional growth can be attributed to the soaring popularity of her beauty brand. The cosmetic sector has historically yielded favorable results, and it is no surprise that Rare Beauty is doing well. Gomez also has a production company- July Moon Production. The venture produced the popular Netflix series 13 Reasons Why.

Watch This Story: The Evolution of Dwayne Johnson

So, with multiple revenue streams and steady growth, the two stars are now nearing the billion-dollar club. That said, were you taken aback as well to see Gomez’s financial growth since last year? Let us know in the comments.