The brand, inspired by her own makeup experience, supports mental health causes and has a loyal instagram following. [2][31] rare beauty crossed us$400 million in net sales in the 12 months ending in february 2024. The actor and musician, 32, started the company in 2019 and officially launched the brand in. Who owns rare beauty? · by 2024, her net worth had skyrocketed to an estimated $1. 3 billion, with rare beauty playing a pivotal role in this growth. · selena gomez is officially a billionaire thanks to the success of her beauty brand, rare beauty. How much revenue did rare beauty make in 2022? The current value of rare beauty is over us$ 2 billion, as of 2024. How much is rare beauty worth? Rare beauty is sold through its official website and sephora stores in multiple regions, including north america, europe, asia, and the middle east. · rare beauty generated approximately $350 million in revenue in 2023, according to pitchbook data and reporting by business of fashion. Rare beauty is an american cosmetics company founded by singer and actress selena gomez. By february 2024, its trailing 12-month sales exceeded. [2][3] in 2023, the estimated revenue for the line reached us$300 million, up approximately 50 percent from 2022. The brand’s impressive performance in the competitive beauty market has not only cemented gomez’s status as a beauty mogul but also demonstrated her keen business acumen. · the 32-year-old actor, singer, and entrepreneur is now a billionaire, according to bloomberg, which estimates her net worth is $1. 3 billion. · the actress and singer, 32, is now worth $1. 3 billion on the bloomberg billionaire index thanks to the success of her rare beauty line. · and rare beauty ’s profitability has continued to elevate the company’s worth, with an estimated valuation of $2. 7 billion, according to fortune magazine. Launched on , the brand takes its name from gomez’s third studio album, rare (2020).
