Selena Gomez showed her luxurious business style in a nearly $23,000 outfit at the Time100 Summit

• Selena Gomez wore an outfit worth nearly $23,000 at the Time100 Summit in New York on Wednesday.
• Her look included a $1,017 leather coat and an $11,500 diamond tennis necklace.
• She attended the event to talk about her makeup brand, Rare Beauty, which is valued at $2 billion.

When Selena Gomez goes to work, she does so in style.

The "Only Murders in the Building" star visited New York City on Wednesday to attend the annual Time100 Summit. While there, she spoke onstage with senior Time editor Lucy Feldman about her makeup brand, Rare Beauty.

And all the while, she stunned in her luxurious, business-ready outfit — which retails for nearly $23,000.

Gomez arrived at the event wearing a $1,017 black-leather duster coat from Ducie, $595 cat-eye-shaped sunglasses from Linda Farrow, and a $790 Completedworks purse made from resin and recycled leather.

The three pieces accessorized her corseted Brandon Maxwell gown, which was made from leather and retails for $3,295.

Erin Walsh, who styled Gomez for the event, completed the look with $298 Black Suede Studio heels. They've since sold out.

But the most expensive part of Gomez's outfit was her diamond jewelry from Stephanie Gottlieb, which cost $16,985.

She wore a double-domed ring made from diamonds and gold that sells for $1,990, matching earrings that cost $3,495, and a diamond tennis choker that retails for $11,500.

The expensive outfit was fitting for Gomez, as she noted during the event that she has no plans to sell Rare Beauty — despite the brand being valued at $2 billion.

"I don't think I'm going anywhere. I am enjoying this a little too much," she told Time. "I just want to continue building what we're doing."