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The collapse of billionaire adrian portelli’s bid to rescue derrimut 24:7 gym has left the embattled fitness chain’s future hanging by a thread, as insolvency firm rodger reidy moves to sell off key assets amid spiralling tax and creditor debts. Nine network sports presenter alex cullen has been stood down after allegedly accepting a $50,000 payment from melbourne billionaire adrian portelli, the man famously known as the “lambo guy. New details have been revealed about the charges laid against australian billionaire adrian portelli and his popular rewards club company lmct+
AlishaMarie on Instagram: “the rest of the world was black and white but we were in screaming
South australian authorities have charged adrian portelli with multiple counts of conducting an unlawful lottery between 2023 and 2024 Adrian portelli and his business lmct+ are facing charges by authorities for allegedly running an unlawful lottery. Derrimut 24:7 founder nick solomos has placed the largest company in his gym network into voluntary administration, days after a proposed rescue deal with billionaire businessman adrian portelli.
Aus proptech ceo aaron scott said billionaire adrian portelli had inflated the value of the homes featured on past series, causing this year’s contestants to feel undervalued for their time
Adrian portelli has certainly made a splash at block auctions over the years The billionaire bidder has spent $31,680,000 on the block houses in recent years, but after declaring his 'retirement' from the show in 2024, he wasn't present at the 2025 daylesford auction day Stream the latest episodes of the block for free on 9now.
