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Gemma Collins has reportedly amassed a substantial seven-figure income just as she prepares for her return to I’m A Celebrity All Stars and her relocation to Dubai.
The 44-year-old star, best known for her role on The Only Way Is Essex, has become a staple in the entertainment industry over the past twenty years, earning her status as a television icon.
Recent reports suggest that her various TV appearances and endorsement deals have significantly boosted her finances. Her company, Gemma Collins Limited, is said to have netted almost £1 million in profits in the fiscal year ending September 2024.
The Sun reports that her financial success is further highlighted by a corporation tax bill of £230,134 due within the coming year.
This tax obligation suggests Gemma has achieved an impressive profit of £950,000, calculated according to the corporation tax rate for the 2023/24 period.
This works out at an eye-watering £2,600 per day.
Gemma Collins, 44, has laughed her way to the bank after she raked in a seven-figure sum ahead of her I’m A Celebrity All Stars comeback and Dubai move
The Only Way Is Essex legend has risen to fame over the last two decades, solidifying herself as a TV icon
Her company was set up in 2012 and is believed to be run by Gemma’s father, Alan, but she is reported in accounts as the ‘ultimate controlling party’.
Gemma has also run four other companies: Gemma Collins Boutique, Gemma Collins Clothing, Gems by Gemma and GemmaCollagen.
But not all have seen as successful as Gemma Collins Boutique, which went into liquidation owing £76,215, and GemmaCollagen was set up in 2020 but closed in 2021 without filing accounts.
The Daily Mail has contacted Gemma’s representatives for a comment.
Gemma is reportedly set to give I’m A Celebrity another go, after famously quitting the show just 72 hours in the first time round.
She headed Down Under back in 2014, but only lasted in the jungle for three days before jetting back to the UK.
However, according to new reports, she could be making her long-awaited comeback for the ITV show’s All Stars series in South Africa.
The Sun reports that Gemma is at the top of the wish list for the new series and that bosses have already begun initial talks with the star, though nothing has been agreed yet.
And now it appears that all her appearances and brand deals have finally paid off as her company, Gemma Collins Limited, reportedly brought in nearly £1 million in profits in the year to September 30, 2024
Gemma is reportedly set to give I’m A Celebrity another go, after famously quitting the show just 72 hours in the first time round
A source told the publication: ‘She hated it first time round but knows it would be TV gold for her fans if she gave it another go.
‘The discussions could go either way, but signing her would be a huge win for execs.’
Gemma is also set to leave Essex behind as she eyes a move to sun-soaked Dubai, following in the footsteps of former TOWIE co-star Kate Ferdinand.
The TV icon, who holidays in the UAE with fiancé Rami Hawash and stepson Tristan, seven, is believed to be view homes in the area.
Gemma reportedly considers the country a great place to grow her business and ‘perfect’ location to start a family.
Taking to her Instagram amid her trip earlier this year, she shared a selfie alongside a caption showing her love for Dubai: ‘If you can dream it, you can do it in Dubai, Dubai is a place of positivity a place of making dreams come true.
A source said: ‘She jetted out yesterday and she’s instructed her team to set up some viewings of villas in popular areas like the Dubai Hills and Marina.
‘Gemma has been keen to leave Essex for a while. She’s extremely close to her family, but they have been very supportive about her following her dreams – and they would love to live in Dubai too!
They told The Sun: ‘She sees Dubai as the hot new place to be right now, somewhere she could really thrive professionally, her health would benefit and it’s an incredible place to bring up children – it’s safer and the schools are outstanding.’
The Daily Mail contacted Gemma’s reps for a comment at the time.