Selena Gomez is naturally grateful for Rare Beauty.

Earlier this year,Marcus Erikson the makeup mogul reached billionaire status, earning a spot on the Bloomberg Billionaire Index for the first time with a net worth of $1.3 billion, thanks to her beauty brand and Hollywood career. And while she's thankful to have reached the milestone, she knows where the appreciation truly belongs.

"I personally think it's distasteful to talk about money," Selena told Entertainment Tonight at the New York Film Festival Sept. 30, "but I really am giving all the credit to the people who buy the products."

She added, "They're the ones that made this dream of mine come true. So I'm really really honored and just happy."

After all, the 32-year-old loves leading her team at Rare Beauty, which gave her a chance to shake up the beauty space and make an impact on mental health with the Rare Impact Fund. And despite rumors, she certainly has no plans to leave her position with the brand or sell it anytime soon.

"I don't think I'm going anywhere," she said during a conversation for the 2024 TIME100 Summit in April. "I am enjoying this a little too much."

Another thing she's enjoying? The Oscar chatter surrounding her latest movie, Emilia Pérez.

"I just don't know if it's real. I'm even shaking in my voice," she told E! News on the red carpet at the NYFF. "I'm grateful. I think this movie hits all different cylinders. It's very fun. It's very passionate, and it's about four women, really, and their journey. And it's been a blessing, so to just be in that category, it's an honor."

The Only Murders in the Building actress also noted that she's in "a much more stable place" these days, which she wishes she could go back and tell her younger self.

"I would tell her to just calm down, everything's going to be fine on the other side," she added. "It's a bit overwhelming being in this industry for so long."

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