Block Finale Sees Lambo Guy Break Records with Auction Profit
The Block finale has kicked off with a bang, as Lambo Guy Adrian Portelli once again shattered profit records on the popular reality show. Last year, Portelli made headlines when he paid over $1.58 million above the reserve price for a contestant’s property. And now, he has done it again, buying the first house to go under the hammer for a whopping $5 million, miles above its $3.35 million reserve.
Steph and Gian, the young NSW couple who owned the house, were elated to receive a profit of $1.65 million, breaking all previous records on The Block. The auction was not without drama, as a young girl fainted and required medical attention, but the bidding resumed after she left in an ambulance. Portelli emerged victorious against fellow bidder Danny Wallis, who eventually conceded defeat.
Portelli’s spending spree continued with the second auction of the night, where he purchased Eliza and Liberty’s house for $4.3 million, giving them a massive profit of $1.05 million. However, this auction took a bizarre turn when Portelli bid against himself multiple times, raising the price by $100,000 each time, despite already having the highest bid. Both the host, Scott Cam, and the auctioneer were left astonished by the unusual turn of events.
So, who is this Lambo Guy and how did he amass his fortune? At just 34 years old, Portelli is reported to be worth $350 million. After dropping out of university, he worked at his father’s truck repair business before striking it big with tech start-ups in Los Angeles. Together with his tech-savvy flatmate, Portelli developed and sold a number of successful apps, raking in enormous profits. In recent years, he has continued to bolster his wealth by running online raffles and promotions on his platform LCMT+, offering participants the chance to win big prizes.
This is not Portelli’s first appearance on The Block. Last year, he made a grand entrance in his flashy yellow Lamborghini and bought a property at an exorbitant price, only to give it away as a prize on his LCMT+ website. However, the couple who won the luxury home later accused Portelli of removing $100,000 worth of items from the property before handing it over. The public feud between the parties caused quite a stir.
Known for his extravagant lifestyle, Portelli often flaunts his wealth on social media, boasting about luxury cars, properties, and lavish vacations. Earlier this year, he made headlines when he had his $3 million McLaren Senna GTR car craned to the 57th floor of his $39 million penthouse in Melbourne, causing a spectacle as the side of the building had to be deconstructed to accommodate the vehicle.
All eyes are now on the remaining four auctions of The Block finale, as viewers wonder if Portelli will continue to break records and make headlines. With his deep pockets and undeniable flair for extravagant purchases, there’s no telling what surprises he has in store.
