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Billionaire Justin Hemmes, 48, moves on with model Madeline Holtznagel, 24, after Kate Fowler split

Billionaire Justin Hemmes is dating much-younger model Madeline Holtznagel more than two years after confirming his split from designer, Kate Fowler.

The property tycoon, who turned 48 on Wednesday, was spotted aboard his luxury jet Bombardier Challenger on Saturday, celebrating his birthday week with Madeline, 24, and several of their friends. 

When asked about his new romance with the youthful stunner, a coy Justin told The Daily Telegraph: ‘We hang out a bit.’ 

Despite his wealth and endless model companions, Justin told the publication that he ‘doesn’t think you need money to be happy.’

‘For me, I think working hard, getting lots of exercise and keeping the mind active is what is most important,’ he added.

With her stunning features and her sizzling Instagram feed, it’s no wonder Justin took a liking to Madeline – who is the younger sister of Australia’s Next Top Model finalist Simone Holtznagel.

Madeline was one of the four models who was permitted by pub baron Justin to self-isolate during the COVID-19 pandemic at his $60million mansion in the exclusive Sydney suburb of Vaucluse.

The businessman himself stayed in the country at another of his properties with his two young daughters, Alexa, 4, and three-year-old Saachi.

He shares his two children with his ex-partner Kate Fowler, 29, who he announced he had split from in July 2018.

Kate is the older sister of Victoria’s Secret supermodel Georgia Fowler.  

The Merivale boss told The Sydney Morning Herald at the time: ‘Kate and I have the utmost love and respect for each other.

‘At the beginning of 2018, Kate and I decided our friendship and respect for family life would become the focus of our relationship,’ he continued.  

‘We love our children dearly and for now, continue to live together happily in our family home.

‘Kate is a wonderful, wonderful, wonderful woman. As for what the future holds, I am not sure.’

In August 2018, it was claimed Justin was dating a then-single Australia’s Next Top Model star Montana Cox.

The brunette beauty denied the reports, telling The Sydney Morning Herald that they are ‘just friends’.

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