Molly-Mae Hague and Tommy Fury are set to net £5million from their wedding. 

The couple, both aged 24, announced their engagement on Sunday after the boxer popped the question in an idyllic Ibiza ceremony. 

Already valued at a combined total of £8.2 million, the pair are poised to significantly boost their wealth through lucrative magazine features, brand partnerships, and reality show ventures, following in the footsteps of previous Islanders.

Olivia and Alex Bowen, along with Olivia Attwood, all embarked on reality shows centered around their weddings and sold the media rights to their nuptials, which Brand and Culture expert Nick Ede predicts will mark ‘a golden time’ for Molly-Mae and Tommy.

In a conversation with MailOnline, Nick expressed: ‘Their engagement will generate millions. From a publication deal for their wedding to a reality show, alongside product placements and endorsements, they are likely to earn 5 million from this exciting development…

‘Molly is already a multi-millionaire, and I foresee brands eagerly seeking to collaborate with her. Every element, from the wedding dress to the cake, and the venue, brands will vie to be associated with the couple and contribute to their increasing wealth…

‘Tommy will be overwhelmed with offers from suit brands eager to have him showcase their designs. They have two significant events on the horizon with a star-studded engagement celebration and wedding to orchestrate…

‘Post nuptials I can see Molly bringing out her own bridal collection and even a fragrance which is a very. Lucrative option, perhaps it’ll be unisex as most scents are nowadays but this news makes them on course to become reality show royalty.’ 

Molly-Mae and Tommy shot to fame in  2019’s fifth season, finishing runners up to Amber Gill and Greg O’Shea – who parted ways just weeks later.

Already an influencer before joining the show, Molly has amassed 7.5 million Instagram followers and landed a six-figure deal when she signed with fast fashion chain PLT in 2019 to become their creative director. 

She has since quit the role. 

Molly-Mae has made bumper profits via her company MMH Group Holdings and her self-tanning business Filter. 

She added to her cash pot with her memoir released back in June – Becoming Molly-Mae – which sold at a cost of £20 and bulked up her fortune by £2million during the pandemic. The star is also a brand ambassador for Beauty Works. 

Three years on, Molly and Tommy are still together and live in a £4million mansion in Cheshire.  They welcomed their first child together, daughter Bambi, in January. 

Tommy, the younger brother of heavyweight champion Tyson Fury, is a boxer.

He has an unbeaten boxing record and is said to have signed a six-figure deal to become the face of boohooMAN following his stint in the villa.

It’s believed he made at least £3.7million from his win over Jake Paul in Riyadh 

Brand and culture expert Nick Ede believes that if well advised, Fury will make ‘at least £10million’ in the next 2-3 years – much of it from outside boxing. 

He is currently worth a reported £2.4million.

The couple make no secret of their wealth as they frequently share snaps of their lavish belongings and the inside of their £4million Cheshire mansion. 

With their vast wealth, the couple bought the £4million six-bedroom home, which boasts a luxurious contemporary design and 5,000 sq ft of land