Why Selena Gomez Isn't A Billionaire - Forbes
Contrary to reports of her 10-figure status, Forbes estimates the Disney star turned business mogul's fortune to be significantly short of $1 billion. Here's why.
www.forbes.comSelena Gomez was widely reported as a billionaire in 2024, largely due to the success of her makeup brand Rare Beauty, but recent 2025–2026 coverage has cast that status into question.[1][3][4][6]
What the latest reports say
- In September 2024, Bloomberg estimated her net worth at about $1.3 billion, mainly from her stake in Rare Beauty, and several outlets labeled her a billionaire at that point.[3][4][8][10]
- In 2025, Forbes and other financial outlets revisited that figure and now estimate her net worth at roughly $700 million, arguing that certain assets (like her co‑founded mental‑health startup Wondermind, which has reportedly faced cash‑flow issues) are less valuable than previously assumed.[5][6][1]
Is she officially a billionaire?
- By the $1.3 billion estimate, some outlets still treat her as a billionaire, especially highlighting Rare Beauty’s high valuation and her position as one of the youngest self‑made entertainment billionaires.[7][8][10][3][5]
- Under the newer $700 million estimate, reputable business media effectively say she is not a billionaire yet, though she remains one of the wealthiest self‑made women in entertainment.[6][9][1]
In short: some sources still call her a billionaire; others now say she’s a few hundred million dollars shy of that threshold, so her “billionaire” label is currently disputed rather than settled.[10][1][3][6]