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Theo Paphitis (Greek: I?IuI?I?I?I?I?I? I I?I?I?I?I?I?) (born 24 September 1959) is a British retail magnate and entrepreneur of Greek Cypriot origin. He is best known to the general public for his appearances on the BBC business programme Dragons' Den and as former chairman of Millwall Football Club.
Paphitis has made the majority of his fortune in the retail sector. In 2006, he sold his equity stake in the lingerie brand La Senza for a reported A?100 million. He is the owner of stationery chain Ryman, the homewares specialist Robert Dyas and lingerie retailer Boux Avenue.
In 2014, Paphitis was reported to have an estimated net worth of A?210 million.


Born in Limassol, Cyprus, Paphitis is the second of three brothers; elder brother Marinos and younger brother George. They share two half-brothers. He came to England with his parents and Marinos when he was nine years old. He attended Ambler Primary School, Islington and Woodberry Down Comprehensive School, Manor House (closed in 1981) where he battled with dyslexia, but began his entrepreneurial activities by running the school tuckshop, at the age of 15.
Paphitis took a job as a tea boy and filing clerk at a City of London insurance broker. Wanting more money, he discovered his passion for retailing and sales when at 18 he worked as a sales assistant for Watches of Switzerland in Bond Street.
Aged 21, he joined Legal & General selling commercial mortgages, which taught him to read other businesses' balance sheets.
Aged 23, he set up a property finance company with close friend and business associate Mark Moran, and kept going when the friend left in partnership with Hanover Druce, making his first money on the rise of the 1980s commercial property markets. Spotting the rise in mobile telephones, he bought into NAG Telecom, becoming chairman alongside fellow director Tony Kleanthous (now chairman of Barnet FC). Paphitis gained a large market share for NAG by negotiating concessionary positio

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Theo Paphitis Latest News

Theo Paphitis: Neil Harris has built Millwall team which has attributes of the Lions’ best sides

Millwall chairman Theo Paphitis with his successor Jeff Burnige (right). Former Millwall chairman Theo Paphitis reckons Neil Harris has built a Lions team which reflects his own core football values. It will be 13 years in May since the Lions reached the ...
Posted: January 10, 2017, 7:22 am

Theo Paphitus issues stark warning to retailers in 2017

Retail giant and Dragons Den staple Theo Paphitis has issued a warning that retailers face a “perfect storm” alongside the release of his retail group’s full year results. Paphitis, who owns stationary retailer Ryman, lingerie giant Boux Avenue and ...
Posted: January 6, 2017, 4:25 am

Business expert gives company in Plaistow a huge boost

Theo Paphitis said: “We are thrilled to welcome new SBS members every week and highlight just how important it is to support our small businesses here in the UK. “My vision is that everyone who has ever won a SBS retweet from me becomes part of a ...
Posted: January 3, 2017, 11:00 pm
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