Georgia Kousoulou looked tense as she stepped out in Essex on Wednesday after her husband Tommy Mallet admitted he “sold everything” amid financial problems.
The TOWIE star, 32, married the billionaire businessman, 31, last December and she was by his side as he built his lucrative footwear line.
Tommy resigned from his role as Director of Mallet Footwear Ltd in October last year and in a series of Instagram posts this week, revealed that he is going through a “shitty time” after battling an unknown issue for months.
Georgia also seemed to feel the tension as she cut a somber figure as she headed to a garage with her two-year-old son, Brody.
He didn’t manage to smile during the checkout as he filled up his car before purchasing some essential items from the store.
Georgia Kousoulou looked tense as she stepped out in Essex on Wednesday after her husband Tommy Mallet admitted he “sold everything” amid financial problems.
Georgia also seemed to feel the tension as she cut a somber figure as she headed to a garage with her two-year-old son, Brody.
The TOWIE star, 32, married billionaire businessman Tommy, 31, last December and she was by his side as he built up his lucrative footwear line.
Georgia was dressed all in black and paired a zip-front hoodie with sweatpants and sneakers.
It is unclear whether his footwear belonged to the Tommy footwear range, which launched in 2015 and generated more than £11.8 million in sales in one year, making Tommy one of TOWIE’s most successful exports.
The entrepreneur’s success skyrocketed and he was included in the Forbes 30 Under 30 list for Europe in the retail and e-commerce category in 2021.
However, in stark contrast, Tommy admitted he had “nothing left” in December last year after quitting the shoe business months earlier.
Taking to Instagram this week, Tommy revealed that he had been going through a “four-month battle and won”, and insisted that he now “has reason to prove that he will make everything he has lost back in abundance.”
He continued: ‘It’s probably not over, but as things are I can work and support my family.
‘I have sold all my assets to defend myself and start from scratch, but I have some wonderful businesses and I will give everything to get them back so my family can continue living the life I worked so hard to give them. .’
‘You can buy followers, but you can’t buy talent. Once they realize this, they try to ruin your character.
Tommy admitted that he couldn’t hope for the attack due to his personal problems, writing: “Normally we are used to this, but not the same year my wife had a miscarriage and I felt weak.”
“But like they say, it’s nothing personal, just business, honey.”
Tommy added: “Just call me the monk who sold his Ferrari for a while.”
He didn’t manage to smile during the excursion as he filled up his car before grabbing some essential items from the store.
Georgia was dressed all in black and paired a zip-front hoodie with sweatpants and sneakers, while Brody donned a gray tracksuit.
It is unclear whether Georgia’s footwear belonged to Tommy’s footwear range, which launched in 2015 and generated more than £11.8 million in sales in one year.
He looked under pressure as he held his head in his hands as he left the garage.
Georgia’s husband Tommy admitted he had “nothing left” in December last year after quitting the shoe business months earlier.
Taking to Instagram this week, Tommy revealed he had been going through a “four month battle and won”, insisting he now “has something to prove”.
He continued: “It’s probably not over, but as things are I can work and support my family.”
Tommy insisted that he felt stronger than ever in the midst of the mysterious battle.
Tommy admitted that he couldn’t hope for the attack due to his personal problems, writing: “Normally we are used to this, but not the same year my wife had a miscarriage and I felt weak.”
He took a veiled swipe at those who had “turned against him”
He opened up about his financial problems during an appearance on the Brogan Garrit-Smith show. Podcast Getting Therewhere he insisted that he “didn’t have any money.”
He said: ‘I have nothing financially right now. I basically made an acquisition in January, it was quite large and it was to buy back some shares for Mallet.
“I put money into Mallet to get my shares back thinking I was basically going to build next year, full force.”
Also referring to his wife Georgia’s tragic miscarriage, he said: “And obviously after seeing you, I lost the baby.” That changed my whole world and I thought: something needs to change.
‘I basically started from scratch. I have the biggest tax bill ever.
Tommy previously spoke to MailOnline about how he managed to make his multi-million dollar fortune.
He told how he went from being “unable to read and write” and “tortured” by his mind due to undiagnosed ADHD to landing on the Forbes list of 30 rich people under 30.
Tommy left school without GCSEs after battling dyslexia and worked as a carpenter before becoming a reality star on TOWIE.
In 2015, Tommy channeled his passion for sneakers into his own footwear line and the company recorded £11.8 million in sales in 2020, with Mallet London shoes and clothing available in over 150 stores worldwide.
Tommy, who shares son Brody with Georgia, married his co-star in December last year after popping the question in 2022.
Tommy, who shares son Brody with Georgia, married his co-star in December last year after popping the question in 2022.
