Meet Danny Wallis: The Entrepreneur Who Lost Nearly $ 12 Million On The Block

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Meet Danny Wallis: The Melbourne IT Entrepreneur Who Lost Nearly $ 12 Million On THREE Properties in The Block 2020 Finals

Each of The Block’s five teams came away with a good profit in Sunday’s final episode.

And for three of the teams, they have to thank Melbourne-based IT entrepreneur Danny Wallis.

The CEO and Managing Director of DWS, bought three properties for nearly $ 12 million, after placing very generous bids on all five homes.

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

Danny bought Sarah and George’s property for $ 4,000,002, Daniel and Jade’s property for $ 3.8 million, and Harry and Tash’s for $ 4 million.

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

“This is the Danny Wallis show! Scott announced, referring to the huge sum of money the wealthy businessman deposited 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 Harry's and Tash (photo in the center) for $ 4 million

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 Harry’s and Tash (photo in the center) for $ 4 million

He later admitted in a play on camera that it had been “a busy day” and an “expensive day”.

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

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One of his purchases is for a good cause, with news.com.au 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 amount of money the wealthy businessman lost in one day

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

“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.

“With this financial support, Isla can get the extra help she needs.

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 bought Mitch and Mark’s for $ 3.374 million.

He also bought one of the properties from the 2012 season for $ 1.4 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 bought Mitch and Mark's (both pictured) 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 bought Mitch and Mark’s (both pictured) for $ 3.374 million

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