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Selena Gomez news
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
Selena Gomez announced her fourth annual Rare Impact Fund Benefit on Oct 14 in LA.
The benefit supports youth mental health, a cause central to her public image.
Background
Selena Gomez, a singer and actress, has been open about her mental health struggles and co-founded the mental health platform Wondermind in 2021. She launched Rare Beauty in 2020, and the Rare Impact Fund is its philanthropic arm, focusing on youth mental health. The annual benefit event, started in 2023, raises funds and awareness for the cause.
How it unfolded
- Aug 18, 2026Forbes reported that Rare Impact Fund President said Gomez always wanted Rare Beauty to be more than a beauty brand, highlighting the fund's mission.
- Aug 23, 2026Two investor groups sued Gomez, alleging she failed to promote Wondermind as promised; Gomez's team denied the allegations.
- Aug 24, 2026Gomez announced the fourth annual Rare Impact Fund Benefit, scheduled for Oct 14 at The Hollywood Palladium in Los Angeles.
Who’s saying what
- Investors
- Investors claim Gomez failed to leverage her fame to promote Wondermind, misleading them about the company's prospects.
Still unverified
The fraud lawsuit details are based on investor allegations; Gomez and her team have denied them, and the case is ongoing.