Overview

• Speaking in Washington, D.C., at Fortune’s Most Powerful Women conference on Oct. 15, Gomez cited Taylor Swift’s guidance: “If you’re the smartest person in the room, you’re in the wrong room.”
• Gomez said she applies the advice by surrounding herself with capable people and by asking questions as she grows Rare Beauty.
• Recent coverage pegs Rare Beauty’s mid‑2025 valuation at about $2.7 billion, a figure that underpins competing public estimates of Gomez’s wealth.
• Net‑worth figures reported by major outlets diverge, with Bloomberg listing $1.3 billion in 2024 and Forbes later estimating roughly $700 million.
• Gomez addressed reports that her mental‑health startup Wondermind missed paychecks and cut staff this year, saying most coverage was fabricated while noting she did her part, and highlighted Rare Beauty’s 1% of sales donation to the Rare Impact Fund with a $100 million goal.