Man whore Leonardo DiCaprio has picked up the right chick to be his slam piece. Gossip Girl star Blake Lively, who has reportedly been 23 years old for about the past 4 years, was spotted with her new boyfriend in Portofino, Italy on Sunday.

DiCaprio, 36, and Lively, 23, were caught hugging on a yacht Tuesday during the Cannes Film Festival.

Earlier this month, sources confirmed to Us Weekly that DiCaprio and supermodel Bar Rafaeli, 25, ended their five year relationship.

Blake and Gossip Girl costar Penn Badgley broke up in September 2010. Well at least this is one ho who won’t ask Leo to put a ring on it! Blake is planning on sharing herself with every actor in Los Angeles and New York. She’s a giver.