"I'm really, really honored and just happy," said actress and singer Selena Gomez at the New York Film Festival after the Bloomberg Billionaires Index reported she's worth $1.3 billion.

When asked by ET, Selena Gomez expressed her pride in her beauty brand, Rare Beauty, being the catalyst to her billionaire status. “I really am giving all the credit to people who buy the products,” she said. “They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy.”

The outlet shared that Gomez has also amassed wealth as the world’s third most-followed person on Instagram. The Disney Channel alum, who has 424 million followers, follows behind soccer star Cristiano Ronaldo, who has garnered 639 million Instagram followers on the platform, and Lionel Messi, who boasts 505 million followers.

Selena Gomez danced away and had the best time at Sabrina Carpenter’s concert at Madison Square Garden in New York City. The loved-up singer did not hold herself back from dedicating a performance to Benny Blanco,

Singer/actress Selena Gomez has hit back after a backlash following a video clip of her dancing with her Emilia Pérez co-star Edgar Ramirez at a concert. The footage of her seductive dancing sparked speculation among her fans that her relationship with Benny Blanco was on the rocks.