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Who is Adrian Portelli? Wife, Net Worth & Wiki

08 April, 2025 14:04

Adrian Portelli is an Australian entrepreneur, businessman, and self-made billionaire who has gained massive fame for his extravagant lifestyle, luxury giveaways, and high-stakes real estate deals. Best known for his involvement in The Block, Portelli has built a fortune through his company LMCT+, a subscription-based rewards and giveaways platform.

With a rapidly growing empire, constant headlines, and a loyal fan base, Portelli has positioned himself as one of Australia’s most talked-about business figures. In this in-depth biography, we’ll explore his early life, career, net worth, and personal life.

Adrian Portelli’s Early Life & Education

Born and raised in Melbourne, Australia, Adrian Portelli had humble beginnings. Unlike many entrepreneurs who follow traditional education routes, Portelli dropped out of university to pursue his passion for business and investments.

His early years saw him working at his father’s truck repair shop, but Portelli had his eyes set on bigger opportunities.

After dropping out of university, he moved to Los Angeles, where he experimented with different tech startups, eventually selling them for a profit. This initial success allowed him to enter the world of high-value investments.

Adrian Portelli’s Business & Career Success

LMCT+: The Billion-Dollar Business

Portelli’s biggest business success came in 2018, when he launched LMCT+, a subscription-based rewards platform. LMCT+ offers its members exclusive giveaways, discounts, and prize draws, with luxury cars, homes, and cash prizes among the rewards.

The platform operates on a tiered subscription model, with memberships ranging from $20 to $100 per month. It quickly gained traction, amassing over 100,000 paying members.

By 2023, LMCT+ had propelled Portelli onto the Young Rich List, with an estimated $1 billion fortune. By 2024, his wealth had grown to $1.3 billion, securing him a spot on The Australian Financial Review’s Top 250 Rich List.

The Block & Real Estate Investments

Portelli made headlines in 2022 when he first appeared on The Block as a major bidder. Since then, he has spent tens of millions purchasing homes from the show:

  • 2022: Bought Sharon and Ankur’s home for $4.25 million.

  • 2023: Acquired three homes on Charming Street for $12.4 million.

  • 2024: Purchased all five homes on Phillip Island for $15.03 million.

His most recent giveaway involved these five Phillip Island homes, where the winner had the choice between keeping the properties or taking $8 million in tax-free cash.

Other Business Ventures

Apart from LMCT+, Portelli has launched several other ventures, including:

  • Auto Coupes: A luxury car dealership specializing in high-end vehicles.

  • Kickass Giveaways: A promotional platform for prize draws and giveaways.

  • Real Estate Developments: Investing in hotels, commercial properties, and multi-million dollar homes across Australia.

Adrian Portelli’s Net Worth in 2024

Portelli’s wealth has skyrocketed in recent years, primarily due to his subscription-based businesses and real estate investments.

Breakdown of His Fortune:

  • LMCT+ Earnings: Over $50 million in annual revenue

  • Real Estate Portfolio: Estimated at $50+ million

  • Luxury Car Collection: Worth millions, including Lamborghinis, Ferraris, and McLarens

  • Cash & Investments: Over $500 million in assets and liquid funds

Estimated Net Worth: $1.3 billion (as of 2024)

With ongoing investments and an expanding business empire, his fortune is expected to grow even further in the coming years.

Adrian Portelli’s Personal Life: Is He Married?

Portelli is notoriously private about his personal life, and there are no confirmed reports on whether he is married or in a relationship.

Despite his social media presence, he rarely shares details about his romantic life. Most of his Instagram posts focus on his business ventures, luxury cars, and giveaways.

Some rumors have surfaced about him dating, but he has not publicly acknowledged any partner. As of now, his marital status remains unknown.

Adrian Portelli’s Controversies & Legal Issues

While Portelli has gained admiration for his giveaways and business success, he has also faced legal challenges.

South Australia Lottery Charges

In 2024, Portelli and his company LMCT+ were charged with multiple counts of conducting an unlawful lottery in South Australia. Authorities claimed that his giveaways violated laws requiring major prizes to be offered for free, without paid entries.

Portelli responded by mocking the charges on Instagram, saying:

“Your gambling commissioner won’t allow you to win major life-changing prizes, so I’ve decided to run exclusive, DAILY $1,000 cash giveaways instead!”

Despite the legal battle, Portelli remains defiant and continues to expand his business operations.

Adrian Portelli Wiki & Quick Facts

  • Full Name: Adrian Portelli

  • Nicknames: Mr. Lambo, Adrian LMCT+

  • Date of Birth: 1990 (Exact date not publicly disclosed)

  • Age: 34 (as of 2024)

  • Birthplace: Melbourne, Australia

  • Nationality: Australian

  • Profession: Entrepreneur, Businessman, Investor

  • Companies: LMCT+, Auto Coupes, Kickass Giveaways

  • Known For: The Block auctions, luxury car giveaways, real estate investments

  • Net Worth: Estimated $1.3 billion (as of 2024)

  • Marital Status: Unknown (No confirmed reports on wife or partner)

  • Social Media: Instagram (@adrian_portelli), LMCT+ Official Pages

Adrian Portelli’s Lifestyle: Cars, Homes & Luxury Spending

Portelli is known for his extravagant lifestyle, often flaunting his multi-million-dollar assets, including:

Luxury Car Collection

  • Lamborghini Aventador SVJ (Nicknamed “Mr. Lambo”)

  • McLaren P1

  • Ferrari SF90 Stradale

  • Rolls-Royce Cullinan

  • Bugatti Chiron

Real Estate Empire

  • $39 million penthouse in Melbourne

  • Luxury homes across Australia

  • Commercial properties and hotels under development

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