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Is Selena Gomez really a billionaire? The new report says that you may not be rumored in the middle of rumors that your start-up for mental health has fired 9 employees

Is Selena Gomez really a billionaire? The new report says that you may not be rumored in the middle of rumors that your start-up for mental health has fired 9 employees

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Selena Gomez was officially crowned a billionaire by Bloomberg As early as September 2024. But now a new report from Forbes Ask her billionaire status in terms of her connection to a fighting startup for mental health, which she co -founded.

According to the publication, while Selena is definitely wealthy, she may not have reached the billion dollar brand.

New report indicates that Gomez is not a billionaire

While Selena Gomez remains one of the richest and most influential women in entertainment, it is one of the richest and most influential women, Forbes Now estimates their net assets at a closer 700 million US dollars, not the previously registered 1.3 billion US dollars. The discrepancy largely affects how an assets are estimated, especially in its own share of the cosmetic brand Rare Beauty.

According to Gomez, Gomez has a share of 51% rare beauty that had a blockbuster year in 2023 and achieved sales of $ 367 million, thanks to its cult-favorite products such as the Soft Pinch Liquid Blush. Based on industries and growth trends, analysts say that the company's assessment of around 1.3 billion US dollars. Since the beauty market is currently overcrowded and less stable, Forbes used a more careful estimate for Gomez 'net assets.

Rare beauty is by far the greatest financial capital of Gomez. Outside of the cosmetic industry, she deserved an estimated 90 million US dollar from music, acting and significant brand shops, but far less than colleagues, including the best friend Taylor Swift, who drives hundreds of millions of stadium tours and global franchise companies in hundreds of millions.

Despite the newly calculated figure of the publication, Gomez, the most followed woman on Instagram with 420 m followers, remains in conversation for the best homemade women, and her rare beauty brand is still expanding worldwide.

Does Selena Gomez have to struggle for mental health start-up?


Credit: X

While rare beauty keeps flying from the Sephora shelves, selenas other companies, the other companies, WondermindA startup for mental health that she has launched with her mother Mandy Teefey and the former partner Daniella Pierson does not flourish Forbes Report claimed.

According to the report, the startup did not pay its employees, freelancers or providers. In fact, nine team members were recently released after the company missed salary checks both in March and April. This happened after an earlier report that pointed out that Selena's mother took a loan against her own house to keep things going.

According to an employee who spoke to the publication on the condition of anonymity, everything collapsed on March 31 when the Wondermind employees did not receive their salary check and instead received an e -mail in which he was canceled two weeks earlier. Then April 30th and the employees were still not paid.

Until May 8th it had become so bad that Mandy Teefey informed the employees that she had taken up a loan against her house to keep the company alive. The last blow came on Monday when nine employees were released.

The employee also informed the publication that the Disney -Alaun was not really involved in the company. She was busy with the fifth season of the fifth of Only murders in the building And surprising phenomena on the summit of the mental health by rare beauty.

Fans have thoughts – course

After Forbes Selena's loyal fan base dropped the report and hurried to her defense. “Mind you, several sources confirmed that Selena Gomez is a billionaire, including Forbes himself,” clapped a fan online again.

Despite the continuing madness about the report, Selena Gomez is completely quiet.

Further news and updates from the world of OTT and celebrities from Bollywood and Hollywood continue to read IndiaTimes Entertainment.

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