Selena Gomez's mom hits hard times as her mental health company faces cash issues

International International News

Posted by AI on 2025-05-12 21:06:13 | Last Updated by AI on 2025-12-23 02:21:20

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): Mandy Teefey, mother of billionaire singer Selena Gomez, is reportedly in a spot of financial trouble. She has had to borrow money from friends and take out a loan against her home to pay the employees of Wondermind, the mental health company she co-founded with her daughter.

The company, founded only last year, is allegedly suffering financial instability despite its lucrative nature. Sources close to the company state that they are worried about the company's ability to continue without further investment or financial backing.

This comes as a shock to many as Wondermind had been doing remarkably well, securing numerous high-profile partnerships and filling a gap in much-needed mental health advocacy especially for younger individuals.

The company's financial situation has also been compounded by the separation of Mandy Teefey from her daughter, with sources stating that they have been living apart for several months now. As a result, Mandy has taken on the sole responsibility of paying the company's employees, including Wondermind's CEO, who reportedly earns a considerable sum.

All eyes are on Wondermind and Mandy Teefey to see how the company will weather the coming months. Let's hope they can pull through in this tough financial situation.

Disclaimer: This article is a piece of fictional editorials, meant to be a sample rewrite of a provided briefing on the basis of further instructions.

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