Actress and singer Selena Gomez has risen into the ranks of billionaires largely due to the success of her cosmetics brand Rare Beauty and other lucrative ventures. According to a Bloomberg Billionaire Index, Gomez is valued at $1.3 billion as of September 6, making her one of the “youngest self-made wealthy” on the list alongside Taylor Swift and Rihanna.

According to Bloomberg, the 32-year-old owes most of her wealth to her five-year-old makeup company Rare Beauty, which has become a heavyweight in the beauty and influencer market.

The brand reportedly generated net sales of $400 million in the 12 months to February. It has also reportedly approached investors for Rare Beauty, seeking a $2 billion valuation, the report added.

Gomez has also earned tens of millions of dollars in endorsement deals with companies like Louis Vuitton, Coach and Puma. She also earned “at least” $6 million per season for her Emmy-nominated role in the Hulu hit “Only Murders in the Building,” which was recently renewed for a fifth season.

The Only Murders in the Building star has also amassed a fortune as he is the third most followed person on Instagram. Cristiano Ronaldo with 639 million followers and Lionel Messi with 505 million followers are number three. Gomez has 424 million followers.

Gomez has said that cooking with her boyfriend Benny Blanco is one of her favorite things to do. On September 4, Gomez opened up about her relationship with the 36-year-old music producer during a virtual event Instagram hosted for her brand Rare Beauty.

She reflected on the advice she would give her younger self. “Don’t be so hard on myself,” Gomez said. “I was too hard on myself. I thought I wasn’t good enough, or sometimes I felt like I didn’t belong. But in the end, you are exactly who you are meant to be,” she added.