MOLLY-MAE and Tommy Fury have announced they are splitting up after five years together.
The sad news was announced by Molly-Mae on Instagram, sharing an emotional statement revealing that their romance on Love Island has lasted.
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Molly-Mae Hague and Tommy Fury have called it quits after five years of romanceCredit: Instagram
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The couple fell in love with each other on Love Island back in 2019. Credits: Instagram
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Molly and Tommy have one child, who they welcomed into the world in 2023. Credit: InstaGram
The couple are worth around £9m together and both have several different income streams – but how will they split it after they split?
While Molly-Mae makes some of her money through her YouTube videos, social media partnerships and fashion collaborations, Tommy is no stranger to raking in the cash.
Molly-Mae became a millionaire at the age of 21 after landing lucrative brand deals, and has a net worth of a staggering £6 million.
She earned most of her massive fortune after becoming the Creative Director of PrettyLittleThing in August 2021.
As a professional boxer, Tommy generates income through sponsorship contracts and boxing matches, as well as a career as an online influencer.
Speaking to Fabulous, brand and culture expert Nick Ede said: “Tommy and Molly-Mae’s divorce is really sad to see, they have always been a great celebrity couple and their true love story has captured the hearts of the nation.
“I’m sure it will take them a long time to get over the split and sort out all their things.
“Tommy is worth around £4m and Molly-Mae around £8m – they live in a £4m house and will divide their assets fairly, I’m sure, keeping their young daughter Bambi in mind as they sort out the split.”
Molly-Mae’s fortune
The former Love Island star made some serious money last year – despite giving up her Pretty Little Thing role to concentrate on motherhood.
The 25-year-old earned a whopping £3million from MMH Group Holdings, the private company she funnels her media earnings into.
Molly Mae admits she is struggling to be a single parent without Tommy Fury and working during a ‘challenging’ period
Her business – founded in 2019 – also owns her cosmetics and tanning business interests, as well as her new lifestyle brand.
Despite tax bills totaling £1.4m, Molly could easily pocket a multi-million pound dividend from her company.
There is no record of sales at Companies House for the money taken through the coffers by MMH or the four other companies Molly owns through him.
But his assets have risen by £700,000 between 2022 and 2023 to £2.9m, as well as an increase in retained earnings from £1.27m to £1.39m
And he now holds £5.3m of assets in his companies.
Molly earned £1.5million in the year after winning Love Island with Tommy Fury.
But what does the future hold for Molly after the split?
Well according to Nick Molly has absolutely nothing to worry about, at least as far as her net worth is concerned.
“Molly is one of the biggest influencers in the UK and can earn tens of thousands of pounds per post and brands will continue to offer her lucrative offers,” said Nick.
“Tommy greatly increased his bank balance when he fought Jake Paul and will continue to amass wealth from his fights and the potential label deals he has.”
The lavish gifts Molly-Mae got to keep after her split with Tommy Fury
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Tommy popped the question on holiday last JulyCredit: Instagram
During their five-year romance, the couple spent a small fortune on gifts for each other.
Last year, Molly-Mae showed off a £10,000 Chanel bag that her then-boyfriend had given her for her birthday.
Following the birth of their daughter, Bambi, last year, Tommy also splashed out on a ‘push gift’ for the new mum in the form of a range of Creme De La Mer products, including a £220 body cream and a £155 Renewal Body Oil .
But perhaps the boxer’s biggest splurge was the stunning engagement ring, which is believed to have cost a staggering £600,000.
READ MORE ABOUT MOLLY AND TOMMY
According to ROX co-founder Kyron Keogh, the oval-cut diamond band worn by Tommy Fury is worth more than half a million pounds.
Kyron told MailOnline: “Molly-Mae’s engagement ring has an excellent oval shaped diamond that looks like 6 carats and if it is of high color and clarity it could be worth around £600,000.
While it’s unclear if Molly-Mae will keep her glittery ring, if Tommy wants it, he may not be able to claim it back anyway.
Tom Eastment, trainee solicitor at DAS, explained: “Section 3(3) of the Law Reform (Miscellaneous Provisions) Act 1970 specifies that an engagement ring is to be regarded as an ‘absolute gift’ and, as such, belongs to the person to whom it is given is.”
Not only that, but “the law does not take into account which partner cancels the engagement, so regardless of who broke off the relationship, the ring does not have to be returned.”
The couple is at home
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Molly-Mae blew the cash on a mansion in Cheshire
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The star previously showed off the fancy pillow on her social media profiles
Molly-Mae reportedly spent a cool £3.5 million on her Cheshire mansion and then thousands more renovating the flat to her liking.
The house is believed to have six bedrooms, a home gym, cloakroom, 5,000 sq ft of land and a spacious garden.
But despite all the time and money Molly has invested in creating her luxury home, she revealed back in April that she was “on the cards” to move after all.
This could mean that after they split, neither Molly-Mae nor Tommy stays in the house.
What does the future hold for Molly-Mae and Tommy Fury
Although the pair have both had incredibly successful careers so far, Nick suggested that Molly “will probably have the most successful career”.
“Once she spends time considering how her future will shape up, I think she’ll be inundated with offers for books, TV shows and more,” he added.
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According to Nick, the couple are likely to be amicable during the divorce because of their daughter Bambi
Timeline of Molly-Mae and Tommy’s relationship
June 2019: Molly and Tommy meet for the first time on Love Island.
July 2019: Tommy makes things official by asking Molly to be his girlfriend.
July 2019: Molly and Tommy finish Love Island in second place.
September 2019: The couple moves into a three-bedroom apartment in Manchester.
December 2019: Molly supports Tommy in his first boxing match since leaving the mansion.
May 2020: Molly and Tommy turned 21 and went all out with dozens of balloons and lavish cakes to mark each other’s big days.
June 2020: A couple in love have moved into a new flat not far from the center of Manchester.
October 2021: Molly and Tommy fall victim to burglars. Their rented flat was targeted by professional thieves while they were away and they lost £800,000 worth of property.
March 2022: They bought their first ‘dream home’ together. Molly and Tommy have warned that they will only be ‘sharing snippets’ of their block after the break-in.
September 2022: Molly and Tommy announce they are expecting their first child together. Along with the cute video, Molly said: ‘I can’t wait for adventures we haven’t even dreamed of yet.’
October 2022: It’s a girl! The couple confirmed that they have a daughter.
January 2023: Molly gives birth to baby Bambi on January 23rd.
July 2023: Tommy takes Molly and Bambi on a family holiday to Ibiza. The couple got engaged after Tommy popped the question on top of a cliff.
September 2023: At Home With The Fury on Netflix. The couple appears on Tommy’s cousin Tyson’s reality show with his wife Paris. Tommy and Molly fight over their parenting plans.
November 2023: Tommy is caught on camera partying with Chris Brown and unknown women in Abu Dhabi. Molly takes off her engagement ring.
December 2023: Molly admits she’s ‘over it’ but puts her engagement ring back on.
January 2024: Bambi turns one year old. Molly and Tommy celebrate with a lavish party at home.
March 2024: Bambi goes on his first skiing vacation to France with his parents.
April 2024: Molly and Tommy treat Bambi to a family vacation at Disneyland Paris.
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Source: HIS Education