close
close

Here is how much Selena Gomez actress, singer, entrepreneur is worth it

In contrast to reports on their 10-digit status, Forbes estimates that the Disney star no longer have the wealth of business mogul at $ 1 billion. Here is the reason.


OVer weekendPresent Forbes Published a report on financial issues at Wondermind, one of the actress and business Mogul Selena Gomez, which has not paid their employees, freelancers and providers in the past few weeks. On Monday, a source confirmed with knowledge of the situation that nine employees were released and fell off for two weeks and only four were left.

Forbes' The reporting showed that the startup, which Gomez 2021 with her mother Mandy Teefey and the newsletter entrepreneur Daniella Pierson (who had gone in 2023), owed tens of thousands of dollars – if not – in outstanding debts, which the company has paid back since then. Communicated in a recorded conversation ForbesTeefey, who is also CEO of Wondermind, told the employees that she had taken on a loan against her own house to keep the fighting startup alive.

It is not surprising that the news about difficulties at Wondermind triggered a heated debate online: How much can Gomez really be worth if a startup that she has searched cannot pay for his workers or his invoices?

In September 2024, Bloomberg Thanks to her make-up line, rare beauty, which was founded in 2019 and was introduced in 2020, Gomez reported $ 1.3 billion. Since then, several media have also referred to the 32-year-old Gomez A Milliardionionaire.

Related to Forbes' The reporting is very wealthy, but estimated to be a value of around 700 million US dollars. This figure is still the former Disney star one of the richest homemade women's entrepreneurs of the country and one of the richest celebrities, but the collapse of her assets explains why it may be somewhat limited how much money she can or is to sink into Wondermind.

Gomez's greatest capital is her valued 51% participation in rare beauty. The only other known investors in rare beauty are the private equity company New Theory Ventures and Scott Friedman, CEO by Rare Beauty founded by Nikki Eslami. Friedman, CEO of the company, has headed the NYX Cosmetics of self-made women, the self-made women's list, until 2017, when he helped her, for $ 500 million to L'Oréal. Gomez 'holding company Eslami and Friedman lists a submission from 2021 to the city of Southaven, Mississippi, Gomez' holding company Eslami and Friedman as a partner in Rare Beauty LLC. It also calls Julius Salerno, co -founder of the former Hair Extense company Bellami from Eslami, although it is unclear whether he has a share. (Eslami and Friedman did not respond to inquiries about comments; Salerno could not be reached for a comment.)

The cosmetics company sells its offers exclusively at Sephora and through the rare beauty website. It became largely a hit due to the popularity of its fluid rush. In a Californian state of state, Rare Beauty made sales of 367 million US dollars in 2023, the last year for which the information is available. In total, Forbes The company estimates the company with around 1.3 billion US dollars, based on the feedback of analysts of the beauty industry, which have recommended competitive multipliers to take into account the company's growth in 2024, but found that the ratings have dropped in recent months.

“The market state currently has a kind of downward pressure on the evaluation,” notes the Morningstar analyst Dan Su. “And frankly, make -up is a category in my view in which the entry barrier is relatively low. So there is a lot of competition.”

Outside the rare beauty, Gomez has achieved an estimated 90 million US dollar of gross revenue from her television programs, music, brand reinforcements and tours over the years. This includes a reported $ 30 million, which she from her collaboration with Puma and an estimated $ 24 million for her income from Hulus Emmy winner comedy series “Only Mude in the Building”, in which she performed and played together with Steve Martin and Martin Short. She also had an outstanding role in the film “Emilia Pérez” nominated by Oscar, for which she was nominated for a Golden Globe for the best supporting actress in a film. And it produced the controversial HIT -Netflix series “13 reasons why”.

In 2020, Gomez paid almost 5 million dollars for her home in Encino, where she filmed the first three seasons of her cooking show “Selena + Chef”. Finally, she bought a 35 million dollar -property from Beverly Hills with fiance and music producer Benny Blanco. Representatives of Gomez refused to comment Forbes' Reflection of your assets.

The 32 -year -old Gomez began her career at the age of 10 when she was played in the “Barney and Friends” series from 2002 to 2004. Her big break came three years later, in 2007, when she landed the leading role as Alex Russo in Disney Channes “Wizards of Wavery Place”.

Like many former Disney stars, Gomez swung into music. She published her first album in 2008 and has published six more since then. Her youngest is a collaboration with Blanco, which was dropped in March. Nevertheless, Gomez, who has not done a music tour since 2016, does not have as much money as some other wealthy entertainers -such as Taylor Swift and Beyoncé -who have installed hundreds of millions of dollars over the years, especially from Touring, is loud Forbes' Estimates.

It is unclear how much of her own money that Gomez has stuck in Wondermind over the years. In 2022, the company collected 5 million US dollars a year after its introduction of $ 100 million in a series -a financing round under the direction of Serena Williams' Serena Ventures, whereby the family office of the real estate billiard Barry was involved. (Sequoia Capital and Lightspeed Ventures were also listed in Pitchbook and other media reports as investors, but on Monday both companies informed Forbes that this was not correct).

Since then, Wondermind has had difficulty securing additional external financing. According to a former employee who spoke on the condition of anonymity, Teefey said this person that she and Gomez had brought $ 8 million of their own money into the company in mid -2023. In recent times, Teefey informed the employees that the company was about to close a series B of Series B, but that has not been achieved.

On March 31, everything came to one head when the employees did not receive their salary check and received an e -mail that their health services had been terminated two weeks earlier. The company missed the salary statement again on April 30th and at a personnel seat on May 8, Teefey said that she had started a loan against her house to cover the debts. All of this led to the layoffs on Monday that a Wondermind spokesman said that “several employees had to do with several employees”, who previously talked to Forbes about the company's financial battles.

In the meantime, Gomez, of whom some employees say that she was hardly involved with the startup of mental health, with her own full schedule. In New York, she turned the fifth season of “only murders in the building” and focused on rare beauty. On May 2, Gomez, who has 420 million Instagram followers, released that she surprised the participants after she appeared on the Summit of the Mental Health by Rare Beauty in Los Angeles.

While she is still very involved in the masking company, industry experts predict that success beyond Gomez will go out of prominent power. Says Ashleigh Barker, head of beauty and body care at investment banking consulting firm Lincoln International:

“The fact that it is not the beauty brand Selena Gomez is that it is rare beauty and stands for something that corresponds very well with Selena and her narrative and messaging for your followers, but also goes far beyond you as an individual. So that the brand can be at the top without it.

As for Gomez, there is no doubt after 22 years in business and success in so many areas, including a huge, loyal fan base that she probably has other chapters.

More from Forbes

ForbesSelena Gomez 'Startup for mental health could not pay his employees last monthForbesIn the secret pay-for-play world of the film trailersForbesThe ten best people in the world (May 2025)ForbesWhy the diary of a CEO founderForbesThis AI founder replaced Taylor Swift as the youngest homemade woman in the world's billionaire in the world

Leave a Comment