Financial teardown: How Adrian Portelli built LMCT+ into a $1 billion empire
Financial expert Jason Andrew breaks down the story of Adrian Portelli’s LMCT+ and the business of ‘trade promotions’.
He owns 40 supercars.
His business has 75% EBITDA margins.
And he’s only 34 years old.
Who is he?
No, it’s not Laurence Escalante — although his business is equally controversial.
It’s Adrian Portelli.
At 18, Portelli was working in his dad’s car repair business.
By 2023, his net worth was touted at $1.2 billion, landing him on the Australian Financial Review‘s Young Rich List.
Sign up to continue
You've reached your article limit. Create a free account, or log in to continue.
Get our free newsletters in your inbox and extended article access by submitting your email.
Comments