Towie star Tommy Mallett’s eye-watering seven figure pay cheque revealed – and it’s not from reality TV career
TOMMY Mallet made millions last year after rising to fame on Towie.
The reality hunk turned businessman is now one of the show’s most successful stars of all time thanks to his obsession with trainers.
The Mallet London footwear entrepreneur, who is engaged to co-star Georgia Kousoulou, is now paid an incredible £7,500 per day through the company and made an eye-watering £2.75 million last year.
New figures for his high-end fashion firm show his wages more than doubled what he netted in 2022.
Its latest figures through Companies House also reported £17.5 million in sales for the year ending 31 January 2023.
And accounts reported a “significant growth” citing a “wide reaching international distribution footprint.”
Mallet’s rags to riches success led to him being listed in the top on Forbes list of under 30 retail entrepreneurs.
He co-owns and co-directs the firm with pal Evren Ozkarakasli, the pair having teamed up to launch Mallet in 2015.
Total dividends shared by the pair amounting to £5.5 million.
Dubai based Evren owning his stake via a business in the British Virgin Islands.
As a child Tommy said he could not afford trainers.
The Towie celebrity’s trainers are stocked in major stores around the world and his business acumen looks set to rival fellow Towie star Mark Wright.
In an interview in 2021 he revealed the business was set to become a major international player.
He said: “Over the last 12 months, just five years after my friend and business partner Evren Ozkarakasli and I founded Mallet London, the brand was in a position to be able to look at US expansion seriously.”
The brand is already stocked at more than 145 stockists throughout the UK, Europe, Dubai and South Africa, including – Harrods, Selfridges, Browns and Harvey Nichols Dubai.
In an interview two years ago he said: “When I was younger I never had enough money to buy a pair of trainers that I genuinely liked because they were all so expensive, so I put pen to paper and decided to design something similar.
“We went from having a £50k turnover at the end of our first year to having a turnover of around £2.5 million towards the end of our second year.”
Tommy also claimed that his reputation as a reality star doesn’t bother him.
He said: “I’ve worked hard and become successful, wherever I’m from and whatever the perception is.
“I’d advise anyone who wants to do the same to find something you believe in and don’t stop until you get it there.”