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

RetailCURe - New credit union offers responsible credit and savings products to retail industry employees

Theo Paphitis, Chairman, Theo Paphitis Retail Group, commented: “RetailCURe is a personal finance game changer for people working in the retail industry. It’s an opportunity to avoid the clutches of payday lenders by having access to low interest rate ...
Posted: May 23, 2017, 2:04 am

Theo Paphitis launches new credit union

Some of Britain’s biggest retail firms have thrown their support behind retailCURe, a new credit union, supported by RetailTRUST, which enables retailers to ensure that their employees can access responsible and affordable credit and savings products.
Posted: May 23, 2017, 3:55 am

Patrick Stewart prepares for Silverstone debut

Dragon’s Den TV star Theo Paphitis, former Top Gear presenter Tiff Needell, Wheeler Dealer’s Ant Anstead and adventurer Charley Boorman as well as a host of other famous faces from sport, film and television. All be helping to raise funds and awareness ...
Posted: May 27, 2017, 2:52 pm
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