Tommy Mallet: The TOWIE Star Who Lost £25m and Built a New Empire

Tommy Mallet has lived one of the most dramatic financial journeys in reality TV history. The The Only Way Is Essex star built a £17.5 million footwear empire. Then he lost it all in a bitter legal battle. Therefore, his story is one of incredible highs and devastating lows.

From being named to Forbes’ 30 Under 30 to having just £5,000 in his bank account, Tommy has experienced it all. As a result, his comeback with a new spiritual sneaker brand has become one of the most inspiring comebacks in recent memory.

Who Is Tommy Mallet?

Tommy Mallet was born Tommy Fordham on May 28, 1992, in Islington, London, England. He is 33 years old as of 2025. And He left school due to dyslexia with no qualifications. He worked as a carpenter before finding fame .

He first appeared on The Only Way Is Essex in 2014 during series 13. That was where he met his future wife, Georgia Kousoulou. She initially did not like him. “He came in all guns blazing and really loud,” she recalled. “I didn’t like him for about an hour, and then after that, I was in love” .

Like the Radford family, Tommy turned reality TV fame into a successful business empire.

Mallet London: Building a Footwear Empire

At just 23 years old, Tommy launched his own footwear brand, Mallet London. He co-founded the company with Evren Ozka. The brand rapidly gained traction. It secured placements in prestigious retailers like Selfridges, Harrods, Saks Fifth Avenue, and Harvey Nichols .

The business clocked £11.8 million in sales in 2020. It was stocked in over 150 stores around the world. In 2021, Tommy was named to Forbes’ 30 Under 30 list for his entrepreneurial success .

Tommy’s father gave him crucial advice before he started. “When I went on The Only Way Is Essex, my dad said, ‘Don’t just be an influencer, go make a business out of it,'” he recalled .

Like Anna Richardson, Tommy proved that reality TV could be a launchpad for serious business success.

Tommy Mallet Net Worth: The Rise and Fall

At his peak, Tommy’s net worth was estimated at over £4 million. Some sources placed his stake in Mallet London at several million pounds. The business reached a £17.5 million turnover by January 2023 .

Then everything changed. A legal dispute with his former business partner Evren Ozka led to a devastating financial collapse. Tommy reportedly lost up to £25 million. He had to sell personal and business assets to cover legal bills and tax obligations .

In 2024, he revealed on Ben Gallaga’s podcast that he had only £5,000 in his bank account. “I was very cash-rich at one point. I’d always have four million in the bank. But now I’ve probably got five grand,” he admitted .

“Success is the easiest thing to get. Keeping it is the hardest,” he once said. Those words proved prophetic.

Tommy Mallet net worth today is estimated between £1 million and £2.5 million. This reflects his remaining assets and his new business venture, rather than his former peak wealth .

Like Jeremy Kyle, Tommy has faced a very public career collapse followed by a determined comeback.

CTRNE: A Spiritual Comeback

After leaving Mallet London, Tommy launched a new brand called CTRNE (pronounced “citrine”). The name comes from the citrine crystal, which symbolizes success and creativity. The brand offers crystal-infused, unisex sneakers with aromatherapy inserts and meditation-focused insoles .

“CTRNE is built on positivity and good vibes,” Tommy told Drapers. “No one needs another sneaker brand to come out in the market right now. Consumers do not have that extra £300-400 to spend on sneakers. So you need to sell stories. You need to sell hope” .

Tommy personally tests every sneaker. “I do 250,000 steps in every single sneaker that I make, to always make sure they’re the most comfortable sneakers on the market,” he said .

His first major stockist for CTRNE was Saks Fifth Avenue in New York. The buyers bought every single SKU from him. He has since launched with Flannels in the UK .

“I’ve gone from being a party guy, to someone who is trying to turn Flannels’ London store into a yoga studio,” he admitted .

Tommy Mallet Wife: Georgia Kousoulou

Tommy and Georgia Kousoulou met on TOWIE in 2014. They have been together for over a decade. The couple got engaged in February 2022 during a trip to Mexico .

They secretly married in a low-key ceremony in December 2023. Tommy announced the news on Instagram: “1st December… we done a thing. After a challenging year. We decided we wanted to end the year happy, in love & together as husband & wife” .

In June 2025, they held a second, larger wedding ceremony in Spain. Georgia joked that she made Tommy “sign a contract” to ensure the Spain wedding happened. “I was worried he would go: ‘We are married now,'” she told OK! Magazine .

The couple share a son, Brody (born May 2021), and a daughter, Gigi (born November 2024). Before Gigi, they tragically suffered a miscarriage. Tommy has spoken openly about the emotional toll of that loss .

Like Tana Ramsay, Tommy has faced the pain of pregnancy loss and has used that experience to grow stronger.

Life Away from the Cameras

Tommy has been diagnosed with ADHD. He has spoken about how this has affected his life and business decisions. His diagnosis came after years of struggling with focus and organization .

He has also changed his lifestyle dramatically. And He no longer drinks alcohol. He prioritizes green juice over parties. His transformation has been both personal and professional .

“I’ve never been a celebrate guy. I’ve always been a work, work, work guy,” he told podcast listeners. Losing it all has taught him to appreciate life differently .

Unlike the Radford family, who have always lived in the spotlight, Tommy has faced very public financial struggles that forced him to sell his properties and assets.

What’s Next for Tommy Mallet?

Tommy continues to build CTRNE. He has plans for expansion into new markets. also remains focused on creating a brand that blends fashion with mindfulness.

He has also returned to his birth name, Tommy Fordham, for his new chapter. This symbolic change represents a fresh start after the difficult years behind him.

“I’m trying to really make sure that the stock sells through completely,” he said. “I don’t want CTRNE to be a brand which is constantly on sale. I want it to stay relevant for as long as possible” .

Conclusion

Tommy Mallet has lived a life of extreme highs and devastating lows. From building a multi-million pound footwear empire to losing it all and rebuilding with a spiritual new brand, his journey has been remarkable. Now a husband, father of two, and entrepreneur once again, Tommy’s story is far from over.

FAQs

How old is Tommy Mallet?
He was born on May 28, 1992, and is 33 years old.

What is Tommy Mallet net worth?
His net worth is estimated between £1 million and £2.5 million, down from a peak of over £4 million.

Who is Tommy Mallet’s wife?
He is married to Georgia Kousoulou, his TOWIE co-star. They married secretly in December 2023 and held a second wedding in Spain in June 2025.

Does Tommy Mallet have children?
Yes, he has a son named Brody (born 2021) and a daughter named Gigi (born 2024).

What brands has Tommy Mallet founded?
He founded Mallet London in 2015 and later launched CTRNE, a crystal-infused sneaker brand focused on mindfulness and spirituality.

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