After the variety of rumors, spread by various specialized media, which indicated that Selena Gomez He would be “thinking” about selling his cosmetics and beauty products company Rare Beautythe same actress made it clear that she has no intention of carrying out this action.
The “Single Soon” singer recently appeared at the Time100 Summit event, one of the most important events of the year in the business field, where she declared that she has a solid future planned for her company.
I don’t think it’s going anywhere. I’m enjoying this too much. “I just want to keep building what we’re doing.”
Selena Gómez does not leave her business side
Last March, media such as Bloombergthey pointed out that the actress had also hired a series of experts in financial and economic matters with the intention of involving them in meetings with possible buyers and investors for her company. Rare Beauty.
The above became more relevant after the expert media, The Business of Fashionwill reveal that the company Gomez had become one of the main targets in the merger and acquisition of companies in the field thanks to its valuation of $2 billion dollars.
According to the same medium, the company, founded in 2020 by the same Selena Gomez and a series of investors, who gained great fame thanks to their dissemination on various social networks, had invoiced, in 2023 alone, close to $300 million dollars.
However, and despite the variety of rumors and growth data, the interpreter of “The Wizards Of Waverly Place” revealed that Rare Beauty It is his “pride and joy,” in addition to predicting that the company will provide him with a large number of “fun things.”
In addition to its focus on beauty and aesthetic issues, Rare Beauty It has a branch, called Rare Impact Fund, which focuses on raising funds with the intention of expanding mental health services around the world. According to the same artist, it is expected that the initiative will raise $100 million dollars in the next 10 years.
In addition to her role as a businesswoman, Selena Gomez has given “free rein” to her role as a producer behind various projects such as the sequel series to “The Wizards Of Waverly Place”, which will be released this year, as well as in the biopic of the singer Linda Ronstadtin which he will also become the protagonist.
The singer will also be part, in the following weeks, of the red carpet of the Cannes Film Festival 2024 thanks to her role in the film “Emilia Pérez”, which will compete for the coveted Palme d’Orthe highest award of the contest.
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