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Adrian Portelli: net worth, cars and houses

Last checked: September 2026

Grand luxury mansion, illustrative of high-end property

Adrian Portelli, the founder of the giveaway club LMCT+, is one of the most talked-about self-made rich-listers in Australia. Here is what he is reportedly worth, how he built it, and the eye-watering cars and homes it pays for.

Net worth (est.)
$500M to $1B+
Main source
LMCT+
Based
Melbourne
Nickname
"Mr Lambo"

How much is Adrian Portelli worth?

The honest answer is that nobody knows exactly, because net worth for a private individual is always an estimate. Portelli himself has described $500 million as a conservative figure, while some 2026 reports have put his wealth at more than $1 billion. Either way, he sits comfortably among Australia's wealthiest self-made entrepreneurs, and he is still only in his thirties.

How he made his money

The bulk of it comes from LMCT+, the membership and giveaway business he founded in 2018, which by some estimates accounts for the large majority of his wealth. Before that, he reportedly made early money building and selling mobile apps. He also holds property and stakes in other ventures. In short: one very big business, plus assets on the side.

The cars and houses

Portelli is as famous for spending as for earning. His headline assets include a Melbourne penthouse, a fleet of supercars, and, at one point, every house on The Block.

Red supercar, illustrative of a high-end sports car Luxury modern penthouse-style living room interior

The $39 million penthouse

He paid a reported $39 million for the double-storey penthouse atop Sapphire by the Gardens in Melbourne, a record price for a Melbourne apartment, then had his roughly $3 million McLaren Senna GTR craned dozens of floors up into it as a centrepiece.

The supercars

His car collection is headlined by a Koenigsegg Jesko worth about $6.5 million, reportedly secured on the condition that he remains the only owner of the model in Australia. Add a string of Lamborghinis and you have the "Mr Lambo" reputation.

Every house on The Block

Portelli became a fixture at the auction finale of The Block, buying all five 2024 houses for a reported $15.3 million, then giving the entire lot away in a single LMCT+ draw. For the full story of the business behind it, see our LMCT+ explainer.

What is Adrian Portelli's net worth?
Estimates vary widely. He has called $500 million conservative, while some 2026 reports estimate over $1 billion. It is an estimate, not an exact figure.
How did he make his money?
Mostly from LMCT+, founded in 2018, plus reported early app ventures and property and business investments.
What cars does he own?
A ~$6.5M Koenigsegg Jesko, a McLaren Senna GTR, and multiple Lamborghinis, hence "Mr Lambo".
Where does he live?
A reported $39M penthouse at Sapphire by the Gardens in Melbourne, a record price for a Melbourne apartment.

Related

Photos: Pexels (free to use, no attribution required). Net worth and purchase figures are estimates drawn from public reporting. This is general information, not financial advice.