Tommy mallet’s circuit legacy: ownership status revealed

The world of reality television has introduced us to countless memorable personalities, and among them stands Tommy Mallet, known for his appearances on “The Only Way is Essex” (TOWIE). Beyond his on-screen presence, Mallet has also made a name for himself as a successful businessman, particularly in the nightlife industry. One of his most notable ventures has been Circuit, a popular nightclub in Essex. However, rumors have circulated regarding Mallet’s current involvement with the establishment. This blog post delves into the question: does Tommy Mallet still own Circuit?

Tommy Mallet’s Business Ventures

Tommy Mallet’s entrepreneurial spirit has manifested in various ventures, including fashion, real estate, and entertainment. In 2013, he launched his own clothing line, Mallet London, which has gained popularity for its athleisure and streetwear designs. Mallet has also invested in property, amassing a portfolio of rental properties and luxury homes.

The Circuit Nightclub

Circuit Nightclub, located in Brentwood, Essex, has been a prominent destination for nightlife enthusiasts since its opening in 2014. Mallet was initially a co-owner of the club alongside his TOWIE co-star, James “Arg” Argent. However, in 2018, it was reported that Mallet had sold his stake in Circuit to focus on other projects.

Does Tommy Mallet Still Own Circuit?

Based on available information, it appears that Tommy Mallet no longer owns Circuit Nightclub. The club’s official website and social media pages do not list Mallet as an owner or director. Furthermore, reports from various sources indicate that Mallet sold his shares in the business several years ago.

Mallet’s Current Business Focus

While Mallet may not be directly involved in Circuit, he remains active in the business world. He continues to run his fashion brand, Mallet London, and has expanded his real estate portfolio. Mallet is also involved in other projects, such as a clothing collaboration with Missguided and a line of energy drinks.

Circuit’s Recent History

Since Mallet’s departure, Circuit Nightclub has undergone several changes. In 2020, the club was temporarily closed due to the COVID-19 pandemic. After reopening, Circuit faced financial difficulties and was placed into administration. However, the club was eventually acquired by a new ownership group and has since resumed operations.

Impact on Tommy Mallet’s Net Worth

The sale of Mallet’s stake in Circuit may have had an impact on his net worth. However, Mallet’s overall wealth remains significant, estimated to be in the millions of pounds. His income is derived from his various business ventures, television appearances, and brand endorsements.

The Bottom Line: Tommy Mallet’s Business Journey Continues

Tommy Mallet’s ownership of Circuit Nightclub may have come to an end, but his entrepreneurial journey continues. He remains a successful businessman with a diverse portfolio of ventures. Mallet’s ability to adapt to changing circumstances and identify new opportunities has been key to his ongoing success.

Questions You May Have

Q: When did Tommy Mallet sell his shares in Circuit?
A: Reports indicate that Mallet sold his stake in Circuit in 2018.

Q: Who owns Circuit Nightclub now?
A: Circuit is currently owned by a new ownership group that acquired the club after it entered administration.

Q: What is Tommy Mallet‘s net worth?
A: Mallet’s net worth is estimated to be in the millions of pounds, derived from his various business ventures and other income sources.

Q: Is Circuit Nightclub still open?
A: Yes, Circuit Nightclub has resumed operations after being acquired by a new ownership group.

Q: What other businesses does Tommy Mallet own?
A: Mallet owns the fashion brand Mallet London and has a portfolio of real estate investments. He is also involved in other projects, such as a clothing collaboration with Missguided and a line of energy drinks.