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Adrian 'Mr Lambo' Portelli's jaw-dropping tax bill is revealed as billionaire buys up all five properties on The Block
The Block billionaire Adrian Portelli is now facing an eye-watering tax bill after snapping up all five properties in the show's auction on Sunday.
He noted that many of his clients are opting to sell their Victorian assets and reinvest in Queensland properties or even the stock market due to the high taxes. It comes after Libertarian MP David Limbrick shared a video last week suggesting that the 'real winner of The Block' would ultimately be the State Revenue Office. Despite nabbing all five properties, Portelli confessed to The Kyle and Jackie O Show on Monday that he doesn't even like Phillip Island and that is why he will be giving all the homes away in the raffle.
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