Selena Gomez’s billionaire status has been widely debated, but recent reports clarify her financial standing. Despite claims of a $1.3 billion net worth in 2024, , falling short of the 10-figure mark. This discrepancy stems from challenges in her business ventures and shifting valuations.
, her makeup line, initially boosted her wealth, but its impact may be overstated. While Gomez owns a majority stake, Forbes’ analysis suggests the brand’s valuation doesn’t fully translate to liquid assets or personal net worth. Additionally, her has faced financial turmoil. Reports reveal unpaid debts, layoffs, and co-founder Mandy Teefey (Gomez’s mother) taking out a home equity loan to sustain operations. Though the company claims debts are repaid, its instability raises questions about Gomez’s financial commitments.
Gomez’s (Puma, Coach) and acting career contribute to her wealth but lack the scale to bridge the gap. Unlike Taylor Swift or Rihanna, her diversified ventures haven’t collectively reached billionaire thresholds. Forbes also notes Gomez hasn’t shared detailed financial records, limiting their ability to verify claims. While her success is undeniable, real-world challenges in entrepreneurship and opaque valuations keep her just below the billionaire tier.
