Selena Gomez IS NOT A BILLIONAIRE + EXPOSED BY FORBES MAGAZINE! | HO

For years, Selena Gomez has been celebrated not only as a chart-topping singer, acclaimed actress, and entrepreneur, but also as one of the most successful young women in Hollywood. With the meteoric rise of her beauty brand, Rare Beauty, and her involvement in several high-profile business ventures, rumors have swirled that Gomez had joined the exclusive club of celebrity billionaires.

However, a recent exposé by Forbes Magazine has shattered those claims, revealing that while Selena Gomez is incredibly wealthy, she is not, in fact, a billionaire. The news has sparked a wave of reactions online, with critics and haters quick to pounce, but the full story is far more nuanced than the headlines suggest.

The Forbes Exposé: Breaking Down the Numbers

The drama began when Forbes published a detailed report titled “Why Selena Gomez Isn’t a Billionaire.” The article did more than just crunch numbers—it delved into the financial struggles of Wondermind, Gomez’s mental health startup co-founded with her mother, Mandy Teefey, and entrepreneur Daniella Pierson.

According to Forbes, Wondermind recently failed to pay its employees, freelancers, and vendors, accumulating tens of thousands of dollars in outstanding debts. The situation escalated when nine employees were laid off, leaving only four staff members, and Mandy Teefey reportedly took out a personal loan against her home to keep the startup afloat.

Forbes pointedly questioned how someone as wealthy as Selena Gomez could allow such financial turmoil at a company she co-founded. The report reignited online debates about Gomez’s true net worth, especially after Bloomberg and other outlets had previously estimated her fortune at $1.3 billion, largely due to the runaway success of Rare Beauty.

Selena’s Real Net Worth: Still Astronomical

So, what does Forbes say Selena Gomez is actually worth? According to their latest estimates, Gomez’s net worth is closer to $700 million—a staggering sum by any standard, but short of the billionaire mark. The biggest contributor to her fortune is her estimated 51% stake in Rare Beauty, which Forbes values at around $1.3 billion based on industry analysis and recent revenue reports. Rare Beauty, founded in 2019 and launched in 2020, has become a major player in the cosmetics industry, especially known for its viral liquid blushes. In 2023 alone, the brand reported $367 million in revenue.

Beyond Rare Beauty, Gomez’s wealth is diversified. She’s earned millions from her music, acting, and brand endorsements. For example, her collaboration with Puma reportedly netted her $30 million, and her starring role and executive producer credit on Hulu’s “Only Murders in the Building” has brought in over $24 million. Gomez also owns several high-value properties, including a $5 million home in Encino and a recently purchased $35 million Beverly Hills estate with fiancé Benny Blanco.

The Wondermind Controversy: More Than Just Numbers

While the Forbes article focused heavily on the financial woes of Wondermind, it’s important to understand the context. Mandy Teefey, as CEO and driving force behind the startup, took personal responsibility for the company’s struggles, even going so far as to secure a personal loan to cover debts. Some critics questioned why Teefey didn’t simply ask her daughter for help, but as sources close to the family have explained, Mandy wanted to demonstrate her commitment to the project and handle the situation herself.

As soon as Selena became aware of the issues, she reportedly reinvested millions into Wondermind, ensuring that all outstanding payments were made and the company could continue its mission to support mental health. Despite this, Forbes’ decision to highlight the controversy provided ample fodder for Gomez’s detractors, who seized the opportunity to paint her as a negligent boss and businesswoman.

Haters Rejoice—But Is It Really That Deep?

The Forbes exposé quickly became a trending topic, with critics and internet trolls celebrating the supposed “downfall” of Selena Gomez. Comments flooded social media, with some mocking her for not being a billionaire and others questioning her commitment to her companies and employees. For many, the revelation was treated as a major scandal, despite the fact that a $700 million net worth is an extraordinary achievement by any measure.

But why the glee over Gomez’s “failure” to reach billionaire status? In the age of social media, celebrity wealth is often treated as a scoreboard, and any perceived misstep is magnified. Yet, as many fans and commentators have pointed out, Gomez’s true value lies not just in her bank account, but in her dedication to mental health advocacy, philanthropy, and her connection with her fans.

The Bigger Picture: Selena’s Impact Beyond Wealth

While Forbes’ article may have exposed some uncomfortable truths about the business side of Selena Gomez’s empire, it also unintentionally highlighted her resilience and commitment to her causes. Rare Beauty’s Rare Impact Fund donates one cent from every product sold to mental health initiatives, and Gomez has consistently used her platform to raise awareness about mental health struggles, both her own and those of others.

Moreover, the Wondermind controversy underscores the risks and challenges of entrepreneurship—even for celebrities. Startups are notoriously volatile, and financial setbacks are common. What matters is how leaders respond, and in this case, both Mandy Teefey and Selena Gomez stepped up to resolve the issues, demonstrating accountability and care for their employees.

Billionaire or Not—Does It Really Matter?

Ultimately, the Forbes exposé has reignited a conversation about what success really means in the entertainment and business worlds. Is being a billionaire the only measure of achievement? For Selena Gomez, the answer seems to be a resounding no. While she may not have crossed the billionaire threshold, her wealth, influence, and impact are undeniable.

As for the haters who celebrated the news, perhaps it’s time to reconsider what truly matters. Selena Gomez’s legacy will be defined not by the number of zeros in her bank account, but by her heart, her work ethic, and her commitment to making a difference.

Selena Gomez is not a billionaire—at least not yet. But with a net worth of $700 million, a thriving beauty empire, and a growing list of creative and philanthropic achievements, she remains one of the most powerful and inspiring figures in entertainment. The Forbes article may have exposed some bumps in the road, but it also reminded the world that real success is about more than just money.

So next time you see the headlines, remember: Selena’s true wealth is measured not just in dollars, but in dedication, compassion, and the lives she’s touched. And that is something no exposé can ever take away.