James Argent raking in eye watering five figure sum every WEEK four years after having ‘zero cash in the bank’
POPULAR telly star James Argent continues to rebuild his shattered finances and he raked in around £5,000 a week last year.
The former Towie star – who was dumped by Gemma Collins in July 2020 – spent 12 months in and out of rehab for drug addiction and was virtually penniless.
The reality TV star has transformed his body and his bank balance with his company now solidly in the black[/caption]But documents filed to Companies House this week show James Argent Ltd is prospering, with annual books showing Arg’s firm is now worth £161,081 in cash and assets.
A creditor’s bill to be paid in a year of £47,000 is likely his Corporation Tax demand and points to earnings of around £250,000 for the 12 months to January this year.
A second firm he runs called Arg Promotions Ltd has £151,650 in cash deposits.
And his love life is in the up as well, with the star seeing former Miss Sweden Nicoline Artursson, 31.
It’s the first time that James has been linked to a girl since his ex, Stella Turian.
Earlier this year, Arg revealed he was “lonely and struggling” after splitting from Stella.
It was revealed in November that James and his 19-year-old actress girlfriend had gone their separate ways after a year together.
Arg has confessed he found it hard to adjust to single life and particularly struggled on Valentine’s Day this year.
He told the My Dirty Laundry podcast: “I’m in a really good place. Everything in my life is perfect, apart from my love life.
“It would be nice if that would change. I’ll be completely honest, this year I really struggled on Valentine’s Day.”
But now his finances and romantic life are back on track.
It is all a far cry from 2020 when the firm had zero cash in the bank and made a loss of just under £24,000 as Arg’s earnings were hit by his personal problems and the coronavirus pandemic.
In May of that year, James, 36, said he had suffered two near-fatal overdoses at home and his door had to be kicked down for medics to save him.
He previously admitted his addiction problems often led to him missing work as they caused psychosis and paranoia and his cocaine binges put people off hiring him.
Later James promised he’d lose weight or die trying and has shared impressive transformation snaps after undergoing extensive training and a sleeve gastrectomy procedure.
He’s lost 14 stone in total bringing him back to a more slim figure, later getting skin removal surgery.
The reality star has had a well-publicised battle with his weight since finding fame on the ITVBe show.
In 2022, he was back on the box starring as a participant in The Real Dirty Dancing, and hosted Fame in the Family and he earns big money from social media tie-ins.
The star shared every step of his body transformation journey[/caption] James later appeared on Celebrity SAS: Who Dares Wins[/caption]