11 Months After Taking $5,000,000 From Serena Williams, $800 Million Selena Gomez Bombshell Baffles Fans

One of the lesser-known facets of tennis superstar Serena Williams is her incredible business prowess. Channeling her trademark champion mindset, Serena has the platform to tap into an unparalleled network to empower countless pioneers. Serena Ventures, the 23-time Grand Slam champion’s 2017 venture capital firm, has invested in over 60 companies to date. Now, according to the latest reports, a recent investment with Selena Gomez has turned into a jaw-dropping success!

In 2022, just prior to her retirement at US Open, she invested $5 million in the pop singer’s start-up, ‘Wondermind’. Almost a year since then, Gomez’s net worth has reportedly increased to whopping numbers, multiplying manifold! Naturally, the Twitterverse ran ablaze with the news.

Serena X Selena: The duo picks questions beyond physical fitness

Throughout her illustrious career, former World No. 1 Serena Williams has shown exemplary mental strength and impeccable endurance both on and off the court. Hence, she is perhaps the most ideal candidate to endorse and be a part of a mental health start-up like ‘Wondermind’. The $5 million investment by Serena Williams in August 2022 raised the valuation of ‘Wondermind’ to almost $100 million.

At the time in 2022, the company’s statement showed its hopes to accelerate the building of Wondermind’s mental fitness ecosystem across multiple platforms. A year on, Serena’s gamble has paid off, and how!

Last year, company co-founder Gomez’s net worth was valued at around $95 million. However, as per current reports, her net worth is thought to have skyrocketed. Estimates now value her net worth to be somewhere in the ballpark of $800 million – a growth of almost 8.5 times!

However, Williams not only invested in the start-up but also pledged to be a part of its creative and brand promotion team. As a part of this undertaking, Serena appeared for a candid interview with Selena. When asked by the latter what mental fitness means to the athlete, Serena listed three important facets—setting clear boundaries, prioritizing her own needs, and the ability to shut down when required to avoid burning out. 

READ MORE: $273 Million Californian Profit Move Sparks Serena Williams’ Husband Alexis Ohanian’s Interest as the Entrepreneur Envisions the Same for the Rest of America

Serena believed to have always kept her priorities straight at a time when mental health was not a conscious topic of discussion. She admitted, “I did this years ago without even before mental health was like a topic among everyone’s mind. It was more just like, ‘Alright, I’m shutting myself down today.’ Just subconsciously it was something I’ve always done.”

“More than her famous ex”: Fans amazed as Gomez’s net worth reportedly skyrockets

Twitter account Daily Loud has broken the internet with their net-worth update on Gomez. The $95 million to $800 million jump is a monumental one and fans are left scratching their heads as they expressed their bewilderment on Twitter.

One fan expressed their disbelief about Gomez’s mind-boggling net worth. The fan asked, “I wonder how she did it?” Gomez, like Williams, has been making some strategic moves in the business world. In addition being an investor and co-owner of the ice-cream brand, Serendipity, and co-founder of Wondermind, her cosmetic line Rare Beauty has been amassing a significant portion in her finances as well. 

Clearly, there was no dearth in the number of people shocked by her wealth. A fan wondered whether Gomez was involved in any hidden business deal and took a sly dig at her ex, Justin Bieber. All in all, Selena’s name continues to drag the Justin tag even today!

Another fan opened up and shared their own lofty wishes.

Again, another user expressed their shock at such a huge value addition and quirkily urged Selena Gomez to “drop a tutorial.” And, why not after all!

Yet another used had their own theory and found it hard to believe the monumental increase in Gomez’s wealth.

Fans might find it hard to wrap their heads around Selena Gomez’s mammoth net worth. But surely, the collaborative effort of Selena and Serena in taking ‘Wondermind’ to new heights will be something that everyone will root for. 

WATCH THIS STORY:  Will Smith Shows How King Richard Cast Trained Like Serena and Venus Williams