Selena Gomez Makes Big Announcement Regarding Rare Beauty And Sephora

Selena Gomez has exciting news about her beauty brand, Rare Beauty, and its collaboration with Sephora.

The actress’s commitment to mental health shines through her involvement with the Rare Impact Fund, which offers vital resources and support to young people. This initiative plays a crucial role in her brand, launched in 2020, with a mission to promote self-acceptance and mental wellness.

In anticipation of World Mental Health Day on October 10, Selena Gomez has announced that Rare Beauty is joining forces with Sephora to raise funds for the Rare Impact Fund.

Selena Gomez's Rare Beauty has announced a significant commitment to donate 100% of its sales to the Rare Impact Fund, a nonprofit organization focused on mental health initiatives.

"It’s happening again," she announced in a social media post on Tuesday, October 1. "I couldn’t be more grateful to share Sephora is partnering with Rare Beauty to donate 100% of Rare Beauty global sales to the Rare Impact Fund on World Mental Health Day, October 10th."

"For 24 hours, ALLLLL sales (both online and in-store!) will go towards increasing access to mental health resources and education for young people around the world," she added.

This decision not only reinforces the brand’s mission to foster self-acceptance and raise mental health awareness but also invites Selena's fans and customers to start important discussions about mental health and its relevance in today’s world.

Launched just five years ago, Rare Beauty has rapidly made its mark on the beauty industry, winning over influencers and teens alike, largely due to Selena Gomez's immense popularity.

Ahead of World Mental Health Day on October 10, Rare Beauty is teaming up with Sephora to help raise awareness.

"The Rare Impact Fund began before we ever launched a product," Selena added in her Instagram post. "Over the past 4 years, we have provided resources to 26 grantees globally who are doing incredible work. We couldn’t do this without your support, and it means the world to me that Sephora is joining us in our mission!
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"Hold your cart until 10/10. Together, let’s #MakeARareImpact!" the actress added.

At just 32, Selena Gomez boasts an impressive net worth of $1.3 billion, with a significant portion attributed to her success with Rare Beauty. For the first time, Bloomberg has acknowledged her on its Billionaires Index.

Selena now joins an exclusive group of self-made female billionaires, putting her in elite company alongside her friend Taylor Swift. While Taylor achieved billionaire status mainly through her music and touring, Selena has built her fortune through a diverse portfolio that includes acting, singing, and her vast social media influence.

The "Only Murders In The Building" actress has largely maintained the independence of Rare Beauty, attracting only a select few high-profile investors to her beauty empire. Among them are Nikki Eslami’s New Theory Ventures and CEO Scott Friedman, who previously led NYX Cosmetics before selling the brand to L’Oréal for $500 million in 2014.

“I really tried my hardest to create a product that were beyond just me putting my name on something,” Selena said in a radio interview last year. “I wanted the products to be great, and I also wanted the message to be that makeup is meant to be fun.”

In 2023, Rare Beauty raised over $7 million, reaching more than 1 million individuals and making a significant impact across five continents. The brand's vision is "to create a safe, welcoming space in beauty—and beyond—that supports mental well-being across age, gender identity, sexual orientation, race, cultural background, physical or mental ability, and perspective."

“Being rare is about being comfortable with yourself," Selena said. "I've stopped trying to be perfect. I just want to be me.”

Selena Gomez has undergone significant personal and professional growth over the years.

In recent years, she has become an outspoken advocate for mental health, using her platform to raise awareness and reduce the stigma surrounding mental health issues.

“Being true to myself means being unafraid of being me,” she told Vogue earlier this year. “I have grown so much over the years, and at this point in my life, I am really comfortable in my own skin.”