Georgia Kousoulou looks strained as she runs errands with son Brody, 2, in first sighting since husband Tommy Mallet revealed he’s ‘sold everything’ and ‘has no money’

Georgia Kousoulou looked tense as she stepped out in Essex on Wednesday after her husband Tommy Mallet admitted he had ‘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 shoe line.

Tommy resigned as director of Mallet Footwear Ltd in October last year and in a series of Instagram posts this week he revealed he is going through a ‘s**t time’ after battling an unknown problem for months.

Georgia also seemed to be feeling the tension as she cut a somber figure as she headed to a garage with their two-year-old son Brody.

She failed to crack a smile during the outing as she filled up her car before grabbing some essentials from the store.

Dressed in all black, Georgia teamed a zip-front hoodie with track pants and trainers.

It is not clear whether her shoes came from Tommy’s shoe range, which he launched in 2015 and achieved 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 named to Forbes’ 30 under 30 list for Europe in 2021 in the retail and e-commerce category.

In stark contrast, however, Tommy admitted he was left with ‘nothing’ in December last year, having quit the shoe business months earlier.

Taking to Instagram this week, Tommy revealed he had gone through a ‘four-month battle and won’, as he insisted he now has ‘a point to prove and give back in abundance everything he has lost’.

He continued, “It’s probably not over yet, but as it stands, I can work and support my family.

“I sold everything I owned to defend myself and start from scratch, but I have some wonderful businesses and I will give anything to get it back so my family can continue to live the life I worked so hard for. .’

‘You can buy followers, but you can’t buy talent. Once they realize this, they will try to ruin your character.”

Tommy added: ‘Normally we’re used to this, but not in the same year my wife had a miscarriage and I felt weak.

“But as they say, it’s nothing personal, it’s just business, honey.”

Tommy added, “Call me the monk who sold his Ferrari for a while.”

He spoke about his financial problems during an appearance at Brogan Garrit-Smith’s How do you get there? podcastwhere he insisted he had ‘no money’.

He said: ‘Financially I have nothing at the moment. I actually made an acquisition in January, it was quite a large acquisition and it was to buy back some shares for Mallet.

“I put money into Mallet to get my shares back up, thinking that I would basically start building the next year, just full steam ahead.”

He also said about his wife Georgia’s tragic miscarriage: ‘And after I saw you, of course I lost the baby. That changed my whole world and I thought: something has to change.

‘I actually started all over again. I have the biggest tax bill ever.”

Tommy previously told MailOnline how he managed to make his multi-million pound fortune.

He shared how he went from “not being able to read and write” and being “tortured” by his mind due to undiagnosed ADHD to landing on the Forbes 30 Under 30 rich list.

Tommy left school without GCSEs after struggling with dyslexia and worked as a carpenter before becoming a reality TV star on TOWIE.

In 2015, Tommy was then able to channel his passion for sneakers into his own shoe line and in 2020 the company achieved a turnover of £11.8 million, with Mallet London shoes and clothing in more than 150 stores around the world.

Tommy, who shares son Brody with Georgia, married his co-star in December last year after popping the question in 2022.