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

Theo Paphitis #SBS Twitter Award: My experience at the #SBSevent2016

For those of you who have no idea what I’m talking about SBS stands for Small Business Sunday. It’s an initiative ran by Theo Paphitis (well known for being an ex-dragon on BBCs Dragons’ Den) which awards hard working small businesses on Twitter with ...
Posted: March 3, 2016, 5:00 am

Peter Jones: 'The government needs real business advice'

It took [the founder] four years to build the business to the same value he was asking for. It’s a great product (even though I think Theo Paphitis broke it) and now every child has one – but the high valuation made it difficult to invest in the den.
Posted: July 14, 2017, 2:10 pm

Theo Paphitis to drive at Silverstone

With its cute, rounded lines, the baby Austin A35 is the sort of car that ought to be mothered rather than put through its paces around a racing circuit. Yet this unlikely racer is set to give dozens of celebrities their first taste of track action on the ...
Posted: July 14, 2017, 3:19 am
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