The couple was seen strolling hand in hand in Portofino while sight-seeing before stopping off for lunch, and RadarOnline.com has the pictures.
Being a multi-millionaire media mogul obviously has its perks and Ellen clearly enjoyed the view when Portia later stripped off into her bikini to sunbathe while they relaxed on a luxurious yacht.
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The daredevils also got in some time jet-skiing on the beautiful Mediterranean Sea.