Jemima McEvoy
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Jemima McEvoy
@jemimamcevoy.bsky.social
Staff Writer for Forbes magazine

Tips about billionaires + billion dollar businesses? Email me: jmcevoy@forbes.com
Hopefully this is helpful context!
May 12, 2025 at 4:55 PM
The source in this story directly contradicts themself. Also, I'd like to point out that my reporting was based on a recording of an all-hands meeting where Mandy herself tells employees she got the money to them back by taking a loan against her house. It's in her own words.
May 12, 2025 at 4:55 PM
But if you read a couple of paragraphs down, the anonymous source says this: "To invest in the future of the company, Mandy has chosen to take the lead here with a personal loan to invest in the future of the company."
May 12, 2025 at 4:55 PM
Yesterday, PEOPLE published an interesting report citing an anonymous source, who claimed "it is not true that Teefey, 49, took out a loan to pay the salaries, adding that Gomez, 32, took action when she first learned of the issue late last week."

people.com/selena-gomez...
What's Really Going on with Selena Gomez and Her Mom Mandy amid Their Company Wondermind's 'Growing Pains' (Exclusive)
After Wondermind, the company co-founded by Selena Gomez and her mother, was accused of not paying employees in a timely manner, a source now tells PEOPLE that Gomez 'immediately invested more money' ...
people.com
May 12, 2025 at 4:54 PM