Billionaire singer Selena Gomez was recently in a giving mood while out in New York City.
She was recently spotted giving money to a homeless man on the streets after having dinner at an NY restaurant.
On other occasions, Selena Gomez has displayed her love for charity by supporting initiatives that promote positivity and improve mental health awareness.
The Singer Gave A Homeless Man $20
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Gomez’s night out in New York on Tuesday came with an added twist that she might not have been expecting.
According to TMZ, the singer was at Nobu Fifty-Seven for dinner in the city, a fancy restaurant in Manhattan’s Plaza district.
When Gomez departed the restaurant to head to her destination, fans approached her for pictures and to sign autographs.
However, when that was over, a homeless man hanging around asked the pop star for some money.
Although the singer appeared to have no cash on hand, that didn’t stop her from lending a helping hand. She quickly asked her bodyguard for money and gave the homeless man a $20 bill.
She then ended their brief interaction with kind words, telling him to “have a good meal.” After the exchange, Gomez got into her SUV and drove away from the location.
Selena Gomez Contributes A Share Of Her Beauty Brand’s Profits To Charity
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Gomez is renowned for her love of helping people. She currently contributes 1% of the cosmetics sales of her brand, Rare Beauty, to its charity arm, Rare Impact Fund.
The fund, which has raised $16 million since its launch, donates to mental health foundations and initiatives spanning five continents in support of mental health initiatives, per its website.
Gomez is committed to this philanthropic act because it stems from her own mental struggles, which she has been open about.
“I struggled with the world inside my head for a long time, and I felt lost and I felt hopeless at times. And in 2020, I received my diagnosis of bipolar disorder. And to be honest, everything quickly changed,” Gomez said during her first annual Rare Impact Fund Benefit in October 2023, per People.
“With that knowledge, I could seek out the support I needed to be myself, to find my joy again,” she added. “And tonight I’m very proud to say that I have and I’ve been working really hard every day and I’m so happy just to be alive and to be here with you guys today.”
How Much Is Selena Gomez Worth?
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According to the Bloomberg Billionaires Index, Gomez is now worth a whopping $1.3 billion after rising to fame as a kid on the Disney Channel.
Over 80% of her massive wealth is tied to her Rare Beauty brand, where she holds a 51% majority interest.
The brand was launched in 2020 and sells makeup that is marketed as moderately priced to the public.
“I really tried my hardest to create a product that were beyond just me putting my name on something,” Gomez said about the brand in a 2023 interview. “I wanted the products to be great, and I also wanted the message to be that makeup is meant to be fun.”
Gomez’s wealth also includes earnings from endorsements, touring, acting, streaming, and real estate, all comprising a chunk of the remaining 20% of her net worth.
The Actress Doesn’t Like Talking About Wealth
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Despite doing much for charity from the wealth she has amassed from Rare Beauty, Gomez still wants to remain humble about her wealth.
“I personally think it’s distasteful to talk about money, but I really am giving all the credit to people who buy the products,” she said at the premiere of her new film, “Emilia Pérez,” held last month.
She added, “They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy.”
Earlier in the year, she also shared that she preferred focusing on the impact fund of the brand and the product development while leaving all the financial responsibility to her managers and lawyers.
“I will admit it overwhelms me sometimes. I have this weird thing in my head where if I focus on the numbers, I’ll lose whatever it is that made Rare Beauty Rare Beauty,” she told TIME in May 2024. “I never wanted it to be about making a lot of money, and that’s it.”
Selena Gomez Gushes Over Her Romance With Benny Blanco
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The 32-year-old recently got candid about her relationship with Benny Blanco, noting that she has never been loved like that before.
Gomez and Blanco privately started dating midway through 2023 but kept their relationship out of the spotlight for several months before going public in December 2023.
Since then, the couple hasn’t been shy about sharing sweet photos of each other on social media and showing their love through custom accessories.
“I’ve never been loved this way… He’s just been a light. A complete light in my life. He’s my best friend. I love telling him everything,” Gomez said in an interview with Vanity Fair.
Speaking about when he first said he wanted to marry her on “The Howard Stern Show” back in May, she added, “After the interview, I was dying laughing. Like, ‘Anything else you wanted to put out there?'”
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