Love Island host Laura Whitmores production business is worth close to a million pounds and 500k is banked as cash

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LAURA Whitmore is set to strike it rich as troubled Caroline Flacks Love Island replacement but the canny rising star is already a millionaire.

Shes sitting on a pot of 865,000 in her business account – and thats after her costs are taken out meaning shes in clover.

Laura Whitmore is set to strike it rich as troubled Caroline Flacks Love Island replacement but the canny rising star is already a millionaire

And her agents have negotiated her a monster six-figure fee for her to host the new series of Love Island when it begins in South Africa..

Her firm Yer Wan Ltd has cash and assets of 865,000 for 2018 up from 21,000 when she filed her first accounts in 2012.

A cool 519,500 of her bottom line is in cash.

The Irish TV presenter, 34, is dating series narrator Scotsman Iain Stirling, 31, and shot a similar show in 2018 in Survival of the Fittest.

Her agents have negotiated her a monster six-figure fee for her to host the new series of Love Island when it begins in South Africa

Love Island begins tomorrow night

It comes as host Caroline, 40, was forced to quit the franchise, which she has fronted since it started in 2015.

She was charged with assaulting her model boyfriend Lewis Burton, 27.

A TV source said: Laura ticks all the boxes TV bosses and they didn’t have a lot of wriggle room to go looking for someone else.”

Laura is a safe pair of hands and is one of the few presenters out there who has the necessary experience required for this gig.

Shes been pretty careful with her money over the last few years and has squirrelled away quite a decent amount. Now shes set to really earn big.