Justin Hemmes and model friend Madeline Holtznagel pack on the PDA

Billionaire Justin Hemmes, 50, and model Madeline Holtznagel, 26, have been a couple for around two years.

And the couple looked loved-up as ever as they attended a glamorous luncheon hosted by Hemmes’ company Merivale in Sydney on Friday.

The couple were all smiles as they arrived arm in arm at the outdoor event, with Madeline turning heads in a hooded chain mail mini dress that left little to the imagination.

Billionaire Justin Hemmes, 50, and model girlfriend Madeline Holtznagel, 26, packed on the PDA at a picnic in Sydney on Friday.  Both pictured

Billionaire Justin Hemmes, 50, and model girlfriend Madeline Holtznagel, 26, packed on the PDA at a picnic in Sydney on Friday. Both pictured

The blonde model wore her hair in loose waves and looked like she’d just stepped off the runway.

She completed her look with a pink Prada handbag, large sunglasses and a large jeweled ring.

Sometimes Justin put a protective arm around his much younger lover.

The couple were all smiles as they arrived arm in arm at the outdoor event, with Madeline turning heads in a hooded chain mail mini dress that left little to the imagination

The couple were all smiles as they arrived arm in arm at the outdoor event, with Madeline turning heads in a hooded chain mail mini dress that left little to the imagination

The blonde model wore her hair in loose waves and looked like she'd just stepped off the runway

The blonde model wore her hair in loose waves and looked like she’d just stepped off the runway

Justin, meanwhile, wore an olive green knit shirt with white piping and matching white pants.

The barbaron had his signature man bun and sported designer sunglasses.

Madeline and Justin have been together for a while, and she also spent lockdown at his Vaucluse mansion in 2020.

She completed her look with a pink Prada handbag, large sunglasses and a large jeweled ring

She completed her look with a pink Prada handbag, large sunglasses and a large jeweled ring

Justin, meanwhile, wore an olive green knit shirt with white piping and matching white pants

Justin, meanwhile, wore an olive green knit shirt with white piping and matching white pants

She is reportedly now living in a Coogee penthouse that he owns.

The couple have been spotted several times in Sydney after confirming their romance.

Recently, Madeline wished her host friend a happy 50th birthday, telling the businessman she “adores” him in a series of sweet photos.

Madeline and Justin have been together for a while, and she also spent lockdown at his Vaucluse mansion in 2020.  Here with a friend

Madeline and Justin have been together for a while, and she also spent lockdown at his Vaucluse mansion in 2020. Here with a friend

Madeline appeared to be in a good mood

Recently, Madeline wished her host friend a happy 50th birthday, telling the businessman she “adores” him in a series of sweet photos.

Justin debuted on the Financial Review Rich List in 2018 with an estimated net worth of $951 million

Justin debuted on the Financial Review Rich List in 2018 with an estimated net worth of $951 million

She shared a selection of nine pictures on Instagram that show the couple’s exotic adventures around the world.

It included days at the beach, sleeping on a private jet, and camping in the woods.

“Happy birthday my love, I adore you,” she captioned the post.

Last year his net worth grew to $1.2 billion, making him the 97th richest person in Australia

Last year his net worth grew to $1.2 billion, making him the 97th richest person in Australia

Showing off her expensive taste, the photo dump began with a snap of Madeline kissing her husband sweetly on the cheek while showing off a Chanel handbag.

Justin debuted on the Financial Review Rich List in 2018 with an estimated net worth of $951 million.

Last year his net worth grew to $1.2 billion, making him the 97th richest person in Australia.

Speaking to The Sydney Morning Herald in October 2020, Madeline said they actually met two years before reports of their relationship surfaced

Speaking to The Sydney Morning Herald in October 2020, Madeline said they actually met two years before reports of their relationship surfaced

Madeline previously hinted that they have known each other for much longer.

Speaking to The Sydney Morning Herald in October 2020, she said they actually met two years before reports of their relationship surfaced.

“We’ve known each other for two years and met when I was modeling in Singapore,” she said at the time.

It was also reported that Madeline lived in a penthouse apartment owned by Justin in the Sydney beachside suburb of Coogee

It was also reported that Madeline lived in a penthouse apartment owned by Justin in the Sydney beachside suburb of Coogee

It was also reported that Madeline lived in a penthouse apartment owned by Justin in the Sydney beachside suburb of Coogee.

She added that while most of her family have yet to meet her boyfriend, her older sister Simone is a fan.

Simone, 28, was a finalist in the 2011 season of Australia’s Next Top Model.

Madeline hugged Justin during the event

Madeline hugged Justin during the event