He rose to fame after appearing on the first season of Love Island Australia in 2018, alongside Eden Dally and Tayla Damir.
And while it appears Teddy Briggs‘ life is currently filled with private jets, endless holidays and luxury good, the 26-year-old reality star says this wasn’t always the case.
Speaking to Daily Mail Australia on Sunday, Teddy confessed he nearly ended up bankrupt following his stint on the Channel 9 reality show.
EXCLUSIVE: From Love Island to buying his very own island: Teddy Briggs was on the brink of bankruptcy but now bankrolls $80K a month in e-commerce and shares how you can too
‘I lived the party life a bit. I did a three-month nightclub tour of Australia where I was doing nightclub appearances three nights a week,’ he explained.
Rather than saving his money, Teddy admitted all his income was spent on designer clothing, partying, and travelling the globe while trying to keep up with living life as an influencer.
And after his club appearances started to dry up, companies stopped asking him for Instagram shoutouts and Teddy was left in a ‘worse financial position’ than he was before appearing on the show.
‘I lived the party life a bit’:’ Speaking to Daily Mail Australia on Sunday, Teddy confessed he nearly ended up bankrupt following his stint on the Channel 9 reality show
He is believed to have previously made $1000-$1500 per nightclub appearance and $500-$800 per sponsored Instagram post.
‘I basically ended up nearly broke at one point, once everything completely dried up,’ he explained.
The Adelaide-based star said he was so desperate to get his finances in order, he worked at a clothing store for $25-an-hour because he was ‘too embarrassed’ to go back to his day job in finance.
‘I was in a worse financial position after Love Island than I was before’: Rather than saving his money, Teddy admitted all his income was spent on designer clothing, partying, and travelling the globe while trying to keep up with living life as an influencer
After finding his way back on his feet, Teddy’s newfound passion for e-commerce and his background in finance pushed him into pursuing his new career.
He now makes $75-$80k per month selling beauty products, timepieces and clothing online and is set to make up to $1million in the next year.
‘A lot of people didn’t know my situation and assumed Love Island helped me get to where I am now. That had nothing to do with it,’ he said.
New me! After finding his way back on his feet, Teddy’s newfound passion for e-commerce and his background in finance pushed him into pursuing his new career. He now makes $75-$80k per month selling beauty products, timepieces and clothing online and is set to make up to $1million in the next year
The reality star now coaches students on how to be successful at setting up e-commerce stores and marketing them from scratch, with no previous experience.
Teddy says he has made so much money, he is now even planning on buying his own island.
Once the COVID-19 restrictions relax, he is looking to purchase a private island in the French Polynesian region, Motu Tohepuku, for $716,496 AUD.
‘Literally, anybody can do what I do, setting up an e-commerce store online. When I saw what it did to me and how it turned my life around, I found myself wanting to help all my family and friends,’ he explained.
Dream island: Once COVID-19 restrictions relax, Teddy revealed he is looking to purchase a private island in the French Polynesian region, Motu Tohepuku (pictured), for $716,496 AUD
The aftermath: Teddy says he has made so much money, he is now even planing on buying his own island. Once the COVID-19 restrictions relax, he is looking to purchase a private island in the French Polynesian region, Motu Tohepuku, for $716,496 AUD