Theo Paphitis Net Worth is
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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

Dragons' Den stars Peter Jones and Theo Paphitis are scammed out of £33,000 in a scam by a 'dodgy accountant'

A dodgy accountant is facing jail after scamming Dragons' Den stars Peter Jones and Theo Paphitis out of £33,000. Akilan Selvathiravam, 34, Kingsbury, North West London, forged cheques while working at the pair's firm, Red Letter Days, which sells ...
Posted: August 6, 2017, 7:49 pm

We're in! Dragons' Den's biggest investment success stories so far

Despite Peter Jones declaring The Magic Whiteboard “ridiculous”, Deborah Meaden and Theo Paphitis paid £100,000 for 40% equity. The Magic Whiteboard is now stocked in Rymans, Sainsbury’s and Viking Direct and the Westwoods have added blackout blinds ...
Posted: September 7, 2017, 7:39 am

Dragons’ Den star Theo Paphitis: My favourite photograph

“This photo was taken at our house in Manchester in 1966. I was born in Cyprus, but my family moved to England when I was about six. That was a long way for a little kid and I can still remember parts of that journey like it was yesterday. In Cyprus, our ...
Posted: September 9, 2017, 5:01 pm
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