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Why Is ‘How Is Selena Gomez a Billionaire?' Trending? Explained
Why Is ‘How Is Selena Gomez a Billionaire?' Trending? Explained

Yahoo

time13-05-2025

  • Business
  • Yahoo

Why Is ‘How Is Selena Gomez a Billionaire?' Trending? Explained

A new trend regarding status as a billionaire seems to have popped up after the acclaimed singer's mom reportedly took out a loan against her home. As such, netizens have come out to question the Wizards of Waverly Place star's wealth in the wake of her mother's decision to seek financial help from an external source. So, here's everything you need to know about why the singer is trending and why her mother chose to seek out a loan. The 'Love On' singer's mom recently took out a loan of an undisclosed amount against her own home to help Wondermind, the billionaire artist's mental health startup, pay its 15 workers. Through Mandy Teefey's efforts, the startup has been able to compensate its employees for one out of two missed paychecks. Nevertheless, the company has yet to clear its payments to freelancers and other vendors. While Wondermind owes 'tens of thousands' to the said parties, as per Forbes, the organization still has to pay an estimated $60,000 to a PR firm. The outlet further reported that monetary issues with the startup began in January 2023 when Gomez's mother took charge of Wondermind as its sole CEO. Emails obtained by Forbes further highlighted the company's dire situation, with Teefey even informing her employees that their healthcare partners will be forfeiting their benefits, in one of the messages. Due to Wondermind's precarious condition, combined with Mandy Teefy's recent decision to take out a loan, fans have asked questions about how Selena Gomez is a billionaire. The 'People You Know' singer made it to the elusive 10-digit club in September 2024, with a reported net worth of $1.3 billion. According to Bloomberg, a majority of Gomez's wealth comes from her Rare Beauty makeup brand, which she launched in 2020. Meanwhile, her acting and singing ventures, real estate investments, and paid partnerships also add handsomely to her massive fortune. Originally reported by Apoorv Rastogi on The post Why Is 'How Is Selena Gomez a Billionaire?' Trending? Explained appeared first on Mandatory.

A San Antonio poem for National Poetry Month
A San Antonio poem for National Poetry Month

Axios

time01-05-2025

  • Entertainment
  • Axios

A San Antonio poem for National Poetry Month

To close out National Poetry Month, we're sharing an excerpt from " A Love Letter to San Antonio: San Antonio, You Know," written by San Antonio Poet Laureate Eduardo "Eddie" Vega. Catch up quick: Vega wrote the poem for Centro San Antonio earlier this month. "Let's two-step to our hearts' desires, chancla dance to our souls' content. Wear that guayabera with Penner's pride and dale shine and go to the Alameda, mark time at Market Square. Make it a year-round Fiesta con mariachis and marching bands and floats that have to actually float. So kiss me in downtown Christmas lights, hug me with your Wembanyama arms, sing to me in George Strait melodies and dance cumbias to Flaco's accordion. San Antonio, I love you. Be my barbacoa, and I will be your Big Red because we're a match made in heaven, a match made here, a match to light up Civic Park on a New Year's Eve countdown."

UAE travel: Peak tourism season getting longer; here's why
UAE travel: Peak tourism season getting longer; here's why

Khaleej Times

time24-03-2025

  • Business
  • Khaleej Times

UAE travel: Peak tourism season getting longer; here's why

The UAE's seasonal travel and tourism sector is getting longer as it benefits from the extended pleasant weather, say industry executives. Similarly, staycation is increasingly becoming popular among residents due to the pleasant weather becoming longer. Mamoun Hmidan, chief business officer at Wego, said winter travel has become very solid for this part of the world, this year. 'What we saw at the end of last year and beginning of January, it's like a serious wave of seasonality happening around that. The occupancy rate in Dubai even during Ramadan is plus 80 per cent which has never been the case before. Weather is good so people want to experience new attractions as Dubai is very well established now,' he said. He added that the peak inbound seasonal travel for tourism used to be until February-March and now it has extended till April because the weather is good. 'There's always something new in Dubai and Ras Al Khaimah is trending as well.' In 2024, Dubai welcomed 18.72 million international overnight visitors from January to December 2024, a 9 per cent year-over-year (YoY) increase that surpassed the previous record of 17.15 million in 2023, according to data from the Dubai Department of Economy and Tourism (DET). Moreover, DET's global campaigns and in-market activities highlighted the city's multi-faceted touristic appeal and kept Dubai top-of-mind for international tourists. Notable global campaigns in 2024 included 'Dubai, What's Not To Love?', which positioned the city as a destination of choice for winter, while the latest campaign, 'If You Go, You Know', took a fresh approach, with Dubai's residents showcasing their favourite parts of the city to encourage their compatriots to experience all it has to offer. The UAE initiatives around cloud-seeding rains have helped improve the weather in the country, bringing more water levels underground and improving overall weather as well. Staycations growing Subair Thekepurathvalappil, senior manager at Wisefox Tourism, said that there is an extended inbound tourism period because of the pleasant weather. He noted that because of better weather, residents are also increasingly opting for staycations, which has resulted in hotel prices increasing locally. 'Nowadays, families are looking into staycations as 4-5 families jointly rent a villa where they have a barbecue and have a good time. We expect this trend will stay in strong demand in the coming few months,' he said. Sudheesh TP, general manager at Deira Travel, echoed his industry peers, confirming that inbound tourism is growing due to pleasant weather in the country. 'Inbound tourism keeps increasing because UAE is the top attraction point as far as the whole Mena region is concerned, because of easy availability of visa, proximity from key the geographical points, strong connectivity from the UAE carriers,' he said.

Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People
Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People

Yahoo

time05-03-2025

  • Business
  • Yahoo

Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People

COSTA MESA, Calif., March 05, 2025--(BUSINESS WIRE)--A four-student team from Fisk University took the top prize in the #IYKYK Pitch Competition (If You Know, You Know) for their business idea to make financial literacy and credit education a rite of passage for young adults, sponsored by Experian and HomeFree-USA. Nicknamed Team FinLit, Ansana Regmi, Destiny Marshall, Remilekun Ore and Sovit Lekhak earned a $40,000 scholarship for their proposal, "FinLit HQ." It's a personalized gaming experience for teenagers that helps them develop good financial habits and combat money dysmorphia. As they enter their early twenties, users move onto more advanced app-based credit education via gaming missions for real-world financial scenarios, such as buying books at college, renting an apartment, financing a car, and eventually purchasing a home. Because the proposed app would be integrated with Experian SmartMoney, Experian Boost and Experian Go, users would strengthen their real-life credit score as they play in preparation for making informed financial decisions as young adults. "We realize there's a knowledge gap within the younger generation about credit. You don't give someone a car and ask them to drive on the road without any practice. You shouldn't push young people into the financial world without any education. One small mistake can impact you for years and that's why FinLitHQ is for users starting as young as 13," said Ansana Remi, a junior computer science major from Fisk University and captain of Team FinLit. The #IYKYK Pitch Competition, powered by Experian's B.A.L.L. for Life initiative, challenged students to create a solution that makes financial literacy and credit education a rite of passage to young people coming of age, including those who are not part of the credit ecosystem. Credit invisibility – meaning without a credit report or credit score – affects 40% of consumers under 25 years of age. Credit invisibility disproportionately affects people of color: 28% of Black consumers, 26% of Hispanic consumers, compared to 16% of White and Asian consumers. The competition was the culmination of the Experian Credit Academy created for the Center for Financial Advancement® (CFA). Five hundred students from 16 Historically Black Colleges and Universities (HBCUs) came together in live sessions with Experian credit education experts and self-paced modules. Finalists from Bowie State University and Talladega College also presented their ideas live at Experian's North America headquarters and each team received a $10,000 scholarship. "We are thrilled to see students fully embrace the pitch competition challenge. Their deep connection bridging the gap in credit education knowledge, and passion for sharing what they're learning with their communities are inspiring. At Experian, our goal is to make credit education not only informative but also fun, exciting, and culturally relevant. Seeing the enthusiasm and dedication from these students reaffirms our commitment to this mission with HomeFree-USA and the Center for Financial Advancement," said Raudy Perez, Senior Director of External Diversity, Equity and Inclusion Partnerships for Experian North America. "Education is designed for students, yet their voices can sometimes be missing from the process. Experian's #IYKYK Pitch Competition allows students to take what they've learned and apply it to real-life scenarios. Learning by doing is powerful, and in this experience, students deepen their understanding of credit and financial literacy by actively engaging with the material and sharing their knowledge with others," said LuWanna Williams, University Director for the Center of Financial Advancement™. As part of its mission of financial inclusion and empowerment for all, Experian partners with HomeFree-USA to provide continuing education for its housing counselors and resources for their clients. The company created the Home Preservation Grant, which supported homeowners at risk of losing their homes due to COVID-related hardships with credit education and mortgage relief. Inclusion Forward – Experian Empowering Opportunities™ harnesses Experian's data, analytics and technology to help clients provide more affordable credit access to diverse communities. To learn more about Experian's work in diverse communities: visit Click this link to access photos, b-roll and soundbites About HomeFree-USA HomeFree-USA is a nonprofit started by Marcia and Jim Griffin in 1994 with a vision to close the homeownership gap. The organization gives African Americans the guidance they need to achieve and sustain homeownership, and bridges the gap between financial strength and homeownership for people of color across America. As a HUD-intermediary, HomeFree-USA serves the diverse interests of 6.3 million consumers through its nationwide network of over 50 affiliated community-based nonprofits that specialize in guiding people to first-time homeownership, sustainability and increased financial capacity. For more information visit: About Center for Financial Advancement™ The Center for Financial Advancement™ (CFA) is a solution to the industry's call for more diversity. HomeFree-USA partners with, recruits, trains and places students from Historically Black Colleges and Universities (HBCUs) into internships and careers in partnering mortgage, real estate, and financial services companies. Participating CFA Scholars are exposed to credit, money management and homeownership in order to become a savvy consumer and future homeowner. About Experian Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realize their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at View source version on Contacts Victoria Lim,

Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People
Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People

Associated Press

time05-03-2025

  • Business
  • Associated Press

Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People

A four-student team from Fisk University took the top prize in the #IYKYK Pitch Competition (If You Know, You Know) for their business idea to make financial literacy and credit education a rite of passage for young adults, sponsored by Experian and HomeFree-USA. The four scholar team from Fisk University celebrates after winning the 2025 #IYKYK Pitch Competition (If You Know You Know) sponsored by Experian, HomeFree-USA and the Center for Financial Advancement for their idea promoting credit education to teens and young adults. (Photo: Business Wire) Nicknamed Team FinLit, Ansana Regmi, Destiny Marshall, Remilekun Ore and Sovit Lekhak earned a $40,000 scholarship for their proposal, 'FinLit HQ.' It's a personalized gaming experience for teenagers that helps them develop good financial habits and combat money dysmorphia. As they enter their early twenties, users move onto more advanced app-based credit education via gaming missions for real-world financial scenarios, such as buying books at college, renting an apartment, financing a car, and eventually purchasing a home. Because the proposed app would be integrated with Experian SmartMoney, Experian Boost and Experian Go, users would strengthen their real-life credit score as they play in preparation for making informed financial decisions as young adults. 'We realize there's a knowledge gap within the younger generation about credit. You don't give someone a car and ask them to drive on the road without any practice. You shouldn't push young people into the financial world without any education. One small mistake can impact you for years and that's why FinLitHQ is for users starting as young as 13,' said Ansana Remi, a junior computer science major from Fisk University and captain of Team FinLit. The #IYKYK Pitch Competition, powered by Experian's B.A.L.L. for Life initiative, challenged students to create a solution that makes financial literacy and credit education a rite of passage to young people coming of age, including those who are not part of the credit ecosystem. Credit invisibility – meaning without a credit report or credit score – affects 40% of consumers under 25 years of age. Credit invisibility disproportionately affects people of color: 28% of Black consumers, 26% of Hispanic consumers, compared to 16% of White and Asian consumers. The competition was the culmination of the Experian Credit Academy created for the Center for Financial Advancement® (CFA). Five hundred students from 16 Historically Black Colleges and Universities (HBCUs) came together in live sessions with Experian credit education experts and self-paced modules. Finalists from Bowie State University and Talladega College also presented their ideas live at Experian's North America headquarters and each team received a $10,000 scholarship. 'We are thrilled to see students fully embrace the pitch competition challenge. Their deep connection bridging the gap in credit education knowledge, and passion for sharing what they're learning with their communities are inspiring. At Experian, our goal is to make credit education not only informative but also fun, exciting, and culturally relevant. Seeing the enthusiasm and dedication from these students reaffirms our commitment to this mission with HomeFree-USA and the Center for Financial Advancement,' said Raudy Perez, Senior Director of External Diversity, Equity and Inclusion Partnerships for Experian North America. 'Education is designed for students, yet their voices can sometimes be missing from the process. Experian's #IYKYK Pitch Competition allows students to take what they've learned and apply it to real-life scenarios. Learning by doing is powerful, and in this experience, students deepen their understanding of credit and financial literacy by actively engaging with the material and sharing their knowledge with others,' said LuWanna Williams, University Director for the Center of Financial Advancement™. As part of its mission of financial inclusion and empowerment for all, Experian partners with HomeFree-USA to provide continuing education for its housing counselors and resources for their clients. The company created the Home Preservation Grant, which supported homeowners at risk of losing their homes due to COVID-related hardships with credit education and mortgage relief. Inclusion Forward – Experian Empowering Opportunities™ harnesses Experian's data, analytics and technology to help clients provide more affordable credit access to diverse communities. To learn more about Experian's work in diverse communities: visit HomeFree-USA is a nonprofit started by Marcia and Jim Griffin in 1994 with a vision to close the homeownership gap. The organization gives African Americans the guidance they need to achieve and sustain homeownership, and bridges the gap between financial strength and homeownership for people of color across America. As a HUD-intermediary, HomeFree-USA serves the diverse interests of 6.3 million consumers through its nationwide network of over 50 affiliated community-based nonprofits that specialize in guiding people to first-time homeownership, sustainability and increased financial capacity. For more information visit: About Center for Financial Advancement ™ The Center for Financial Advancement™ (CFA) is a solution to the industry's call for more diversity. HomeFree-USA partners with, recruits, trains and places students from Historically Black Colleges and Universities (HBCUs) into internships and careers in partnering mortgage, real estate, and financial services companies. Participating CFA Scholars are exposed to credit, money management and homeownership in order to become a savvy consumer and future homeowner. About Experian Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realize their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at SOURCE: Experian Copyright Business Wire 2025. PUB: 03/04/2025 07:56 PM/DISC: 03/04/2025 07:56 PM

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