Big-name celebrity Selena Gomez made headlines as a “billionaire” last year, but new reports show she’s not. While some outlets claimed her makeup company Rare Beauty pushed her fortune past $1 billion, Forbes says she’s worth around $700 million—nowhere near billionaire status. This financial confusion comes as her mental health startup Wondermind faces money trouble, with unpaid staff and layoffs.
Conservatives know that real wealth isn’t just hype. Gomez’s Rare Beauty owns half her business, but even with that, Forbes reports her total worth is still under $1 billion. Her side projects like endorsement deals and property investments contribute, but they’re not enough to make her a billionaire. This shows the difference between media buzz and actual financial success.
The star’s mental health startup Wondermind is in shambles. Nine employees were cut, leaving just four staff members. Reports reveal unpaid debts to workers and freelancers, with Gomez’s mom taking a personal loan to keep the company afloat. These money problems raise questions about how Gomez managed her business priorities amid claims of billionaire status.
Gomez’s income includes money from Instagram sponsorships and past deals like her $30 million Puma contract. She owns multiple California homes, including one bought for $3.69 million. But even with these assets, her total worth falls short of a billion. This proves that flashy deals and real estate can’t replace solid financial planning.
Meanwhile, music icons like Taylor Swift sit at $1.6 billion—without needing side hustles. Swift’s wealth comes from her talent, touring, and songwriting, not makeup brands. This distinction matters: Swift built her fortune through hard work in her field, while Gomez’s business ventures haven’t delivered the same long-term success.
Forbes’ investigation finds Gomez wasn’t deeply involved in Wondermind’s daily operations. This hands-off approach might explain the company’s money troubles. Conservatives understand leadership requires active involvement—something Gomez seems to have lacked in her startup venture.
The story serves as a reminder that media hype often overshadows reality. Last year’s “billionaire” claims were based on optimistic projections, not hard numbers. Forbes’ accurate reporting shows the importance of transparency in financial reporting—a value conservatives champion.
In the end, Gomez’s tale highlights the risks of spreading too thin. While diversifying income streams is smart, poor management can derail even the best opportunities. Hardworking Americans know success comes from focused effort, not chasing every flashy trend.
