Kylie Jenner apparently gloating after Selena Gomez loses her billionaire status, claims source

Kylie Jenner apparently gloating after Selena Gomez loses her billionaire status, claims source
Kylie Jenner and Selena Gomez’s beauty rivalry reignites amid Forbes’ billionaire status reassessment (Getty Images)

NEW YORK CITY, NEW YORK: Kylie Jenner is reportedly reveling in Selena Gomez’s billionaire status being stripped away.

According to a Forbes report, Gomez’s net worth fell from $1.3 billion to $700 million, and Jenner is allegedly taking pleasure in watching the actress lose the coveted billionaire label.

Selena Gomez attends the 31st Annual Screen Actors Guild Awards at Shrine Auditorium and Expo Hall on February 23, 2025 in Los Angeles, California. (Credit Image Source: Getty Images Photo by Amy Sussman)
Selena Gomez attends the 31st Annual Screen Actors Guild Awards at Shrine Auditorium and Expo Hall on February 23, 2025 in Los Angeles, California (Amy Sussman/Gety Images)

Kylie Jenner feels Selena Gomez losing billionaire status is justified

The Kylie Cosmetics mogul is bfeeling a sense of vindication after Forbes revised its assessment of Selena Gomez’s fortune, stripping her of the billionaire status.

In 2019, Forbes crowned Jenner the youngest self-made billionaire at the age of 21. However, by 2020, the magazine accused her of inflating her brand’s success and dismissed the title.

NEW YORK, NEW YORK - MAY 05: Kylie Jenner attends the 2025 Met Gala Celebrating
Kylie Jenner attends the 2025 Met Gala Celebrating "Superfine: Tailoring Black Style" at Metropolitan Museum of Art on May 5, 2025 in New York City(Mike Coppola/ Getty Images for The Met Museum/Vogue)

A Star Magazine insider said that the incident had been humiliating for Jenner. “She felt like people couldn’t wait to tear her down,” the source added.

Now, as Gomez’s billionaire status is being questioned, Jenner is allegedly savoring the moment.

The insider went on to claim, “Kylie always felt Selena got a free pass because people see her as sweet and nice, while Kylie was constantly labeled as fake.”

The source continued, “So it’s vindicating to see Selena being taken down a notch!”

However, it is worth noting that neither Gomez nor Jenner have made any comments on the matter.

Selena Gomez is seen filming 'Only Murders in the Building' in the Upper West Side on June 09, 2025 in New York City. (Photo by TheStewartofNY/GC Images)
Selena Gomez is seen filming 'Only Murders in the Building' in the Upper West Side on June 9, 2025 in New York City (TheStewartofNY/GC Images)

Selena Gomez’s billionaire status under scrutiny

The Rare Beauty founder is facing scrutiny over her billionaire status after Forbes reported financial turmoil at Wondermind, the mental health startup she co-founded in 2021.

Reports suggest that the company failed to pay its employees, freelancers, and vendors, resulting in layoffs and debts.

Later, it was revealed that those debts were cleared off by Gomez’s mother and CEO Mandy Teefey by taking a loan against her home. The revelation then sparked an online debate over Gomez’s actual net worth and involvement in the company.

Selena Gomez’s mother and Wondermind CEO Mandy Teefey took out a loan to clear debts (Getty Images)
Selena Gomez and mother arrives at The Shrine Auditorium on February 26, 2010 in Los Angeles, California (Leon Bennett/WireImage)

Gomez’s previously estimated net worth was $1.3 billion, however Forbes now values it closer to $700 million, largely driven by her 51% stake in Rare Beauty.

Despite Wondermind’s struggles, the  'Only Murders in the Building' actor remains one of the wealthiest self-made women in the US.

Forbes removed the ‘billionaire’ mark from Selena Gomez’s fortune status.
Kylie Jenner attends the 2025 Met Gala Celebrating "Superfine: Tailoring Black Style" at Metropolitan Museum of Art on May 5, 2025 in New York City (Mike Coppola/MG25/Getty Images for The Met Museum/Vogue)

Kylie Jenner and Selena Gomez: Once Coachella besties, now fierce competitors in the beauty biz

Once close friends seen sharing selfies at Coa rrfxchella in 2014, Kylie Jenner and Selena Gomez’s relationship has since morphed into a complicated mix of rumored feuds and beauty brand rivalry.

Kylie Jenner and Selena Gomez were the kinds of celebrity friends who shared festival selfies and red carpet moments (Getty Images)
Kylie Jenner and Selena Gomez attends the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 2018 in New York City (Matt Winkelmeyer/MG18/Getty Images for The Met Museum/Vogue)

Their fallout allegedly began when Gomez unfollowed both Kylie and Kendall Jenner after concerns they were getting too close to her then-boyfriend Justin Bieber.

Despite a brief Met Gala reunion in 2018 that sparked hope for reconciliation, tensions reemerged during the viral 2023 “eyebrow-gate,” when fans speculated Jenner subtly shaded Gomez—claims both denied publicly.

In early 2023, a new drama unfolded. The actress posted a TikTok joking about over-laminating her eyebrows. Shortly after, Jenner shared a close-up of her brows with the caption, "This was an accident?" followed by a screenshot of a FaceTime call with Hailey Bieber, focusing on their eyebrows. Fans speculated that this was a subtle dig at Gomez.

Now founders of two of the most successful beauty brands, Jenner’s Kylie Cosmetics and Gomez's Rare Beauty, often find themselves compared to each other, fueling ongoing speculation about their dynamic.

Recent social media moments — including Jenner reposting content in front of a Rare Beauty display — have led some to believe things might be cooling off. Still, with a history of dramatic highs and lows, the nature of their relationship continues to keep fans guessing.

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