The Startup Wondermind, founded by Selena Gomez and her mother Mandy Teefey, Face a financial crisis that has generated concern about the future of its mission centered on mental health.
According to a report published by the magazine Forbesthe organization based in Los Angeles It crossed serious difficulties to pay the salaries of their 15 employeesin addition to the fees of independent suppliers and collaborators, since the end of March 2025.
According to the report, it was Mandy Teefey, executive director of Wondermindwho Mortgage his house as a guarantee To cover pending debts.
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“The company remains afloat thanks to Gomez’s mother, who informed the employees on Thursday that he mortgaged his house as a guarantee to settle the outstanding debts,” says Forbes.
Wondermind’s official response to the financial situation
So far, neither Selena Gomez nor her mother have issued a direct statement on the case; sHowever, a Wondermind spokesman said The situation is under control:
“Like many startups, Wondermind has been surpassing its own growth problems. In the next few days, we will begin a new stage and we will continue our important work in the field of mental well -being,” they said in a statement sent to the media.
Rare Impact Fund: Another Selena Gomez initiative is still underway
In addition to Wondermind, Selena Gomez Leadra Rare Impact Fund, an organization linked to its cosmetics brand Rare Beauty, which seeks to raise 100 million dollars in a decade to promote mental health among young people.
Since its launch, Rare Impact Fund has channeled resources to 23 organizations in countries such as The United States, Canada, the United Kingdom, India and Brazil. According to its most recent data, the Foundation has reached more than 740 thousand young people, 10,000 teachers and 367 educational systems In various parts of the world.
“There is nothing more important for me than getting young people to access the resources they need to support their mental health,” Gomez said in a public statement in 2023.
Selena Gomez’s commitment to mental health
Selena Gomez has been a vocal figure on issues related to mental health. In October 2023 he organized the first rare impact founding gala entitled One night of glow and reflection, with the aim of making visible their cause and raising additional funds.
“This is a personal mission and the reason why I created the Rare Impact Fund,” said the artist on that occasion.
BGPA
