Posted: 13:00 GMT, 22 November 2020 | Update: 13:14 GMT, 22 November 2020

Each of The Block’s five teams walked away with a nice profit in Sunday’s final episode

The CEO and Managing Director of DWS bought three properties for almost $ 12 million, after placing very generous offers on all five houses

Meet Danny Wallis: the Melbourne IT entrepreneur (pictured) who lost just under $ 12 million on THREE properties in The Block 2020 final

Danny bought Sarah and George’s property for $ 4,000,002, as well as Daniel and Jade’s for $ 3, 8 million, and Harry and Tash for $ 4 million

After Jimmy and Tam were crowned the winners, making an incredible profit of $ 966,000, host Scott Cam introduced Danny to the group.

“This is Danny Wallis’ show!” Scott announced, referring to the huge amount of money the wealthy businessman lost in one day

“ All the houses are great, even the ones I didn’t buy, ” Danny told the group

Very generous bidder! Danny bought Sarah and George’s property (pictured far left) for $ 4,000,002, as well as Daniel and Jade’s (pictured far right) for $ 3, 8 million, and those of Harry and Tash (center of photo) for $ 4 million

He later admitted in a room in front of the camera that it had been “a busy day” and an “expensive day”

Danny certainly has the cash to spend, with ASX reporting in February that his company DWS saw its revenue increase one percent to $ 83 million, in the six-month period ending in december 2019

One of his purchases is for a good cause, with newscom reporting that Danny plans to donate Daniel and Jade’s house to the My Room Children’s Cancer charity

Daniel and Jade announced in a promotional video for the show earlier in the year that part of the reason they signed up was to support their daughter Isla

The real star? “This is the Danny Wallis show! host Scott Cam (pictured) announced, referring to the huge sum of money the wealthy businessman paid in one day

He’s got the cash to spend: Danny, who is the CEO and Managing Director of IT service management firm DWS, has also placed generous offers on all five houses

“For us, The Block is huge because we have a daughter who has a chromosomal disorder – she is one of eight people in the world with this disorder,” Jade explained

Danny is a familiar face at The Block auctions, including last year where he not only bid on all five properties, but also bought Mitch and Mark’s for $ 3.374 million

Familiar Face: Danny is a familiar face at The Block auctions, including last year where he not only placed a bid on all five properties, but also purchased Mitch and Mark’s (both pictured) for $ 3 374 million

Share what you think

The opinions expressed in the above content are those of our users and do not necessarily reflect the views of MailOnline

We will automatically post your comment and a link to the story on your Facebook timeline at the same time it is posted on MailOnline To do this, we will link your MailOnline account to your Facebook account We will ask you to confirm it for your first message on Facebook

You can choose on each post whether you want it to be posted on Facebook Your Facebook details will be used to provide you with personalized content, marketing and advertising in accordance with our privacy policy

Danny Wallis, The Block 2020, the block, the block auction 2020, the block auction, the blocks 2020, the block auction 2020

News of the world – AU – Danny Wallis: The entrepreneur who lost nearly $ 12 million on The Block

Source: https://www.dailymail.co.uk/tvshowbiz/article-8974891/Meet-Danny-Wallis-entrepreneur-dropped-nearly-12m-Block.html