He will serve a minimum of three years. He is the owner of stationery chain Ryman, the homewares specialist Robert Dyas and lingerie retailer Boux Avenue. As chairman of Millwall football club, he also took them out of administration and on to the 2004 FA Cup final at the Millennium Stadium. During the 80s he also noticed that mobile phones would become a big deal, and he bought into NGA Telecoms. Theo Paphitis Wikipedia Republished // WIKI 2 Since then, the company has flourished, and its current valuation is above $3 million. He is also a director and part-owner of Walton & Hershman He also became a sponsor for cup tournaments with Robert Dyas and Boux Avenue. Heres everything you need to know about the former Dragons Den star. If you were in charge, what would you do to make The Theo Paphitis Retail Group a better place to work? The business in question was Zapper; the trading website founded byYoung Gun Ben Hardyment, and Paphitis offered 250,000 in exchange for 30% equity. He was only 23 years old, when he started a property finance company with one of his friends. Theo Paphitis will share his views on the weeks biggest political issues in tonights (November 10) instalment of Question Time. His investment portfolio ranges from the more traditional e-commerce businesses such as childrens gift site The Present Club to quirky product businesses including portable toilet start-up BogInaBag and high-heeled welly boots WedgeWelly. Beyond his retail endeavors, Paphitis had a successful career as the chairman of the EFL Championship's Millwall Football Club, which he joined in 1997. They have five children (two sons and . Paphitis was inaugurated as the university's Chancellor on 11 October 2018. How Theo Paphitis made his millions, loving wife and explosive Dragons chairman Retail magnate and Entrepreneur Millwall Football Club. His family moved to Manchester, UK, where he grew up. In April 2016, he extended SBS by creating an online marketplace Shop SBS whereby SBS winners are able to sell their products on one retail website. He also served as the chairman of the EFL Championship's Millwall Football Club, and as the chancellor of Solent University in Southampton, England. Theo joined Dragons Den as an investor in 2005, and was one of the long-running BBC shows most popular Dragons until he decided to leave in 2013. This includes twins and four grandchildren. This was where he sold these mortgages and learned to read business balance sheets. I hit rock bottom first though, long before before I found the strategies that Actually Work to create lasting success. "This has not been an easy decision or one that I have taken lightly," explained the Greek Cypriot entrepreneur. Question Time airs on Thursdays at 10.40pm on BBC One and from 8pm on BBC iPlayer, David Tennant unrecognisable as Litvinenko as ITV shares first look at new thriller, Stay up to date with the latest celebrity and TV news with showbiz updates from our daily newsletter here or i f you're on Facebook, you can find our dedicated social media group on all things celeb here. In February 2013, he announced that he would be leaving the show. Theo Paphitis' huge net worth and biggest Dragon's Den deals Paphitis was an active investor in the Den. After eight years leading Millwall, he stepped down as chairman in 2005. The cookie is used to store the user consent for the cookies in the category "Performance". We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. An avid gear head, Paphitis owns a collection of cars that have various personalized license plates, including ones that read "RYM4N" and "Maybach. His car collection has a series of personalised number plates, including RYM4N on his Maybach. His car collection has a series of . He is best known for his appearances on the BBC business programme Dragons' Den and as former chairman of Millwall Football Club. It looks as though Theo Paphitis could be have a quick return on his whopping 250,000 investment. Paphitis lives with his wife Debbie in Weybridge, Surrey. Theo Paphitis is a retail mogul with a passion for sales. HR Advisor in Wimbledon. This retail mogul has made the majority of his wealth by wise investments, and by using his common sense, he says. The company is valued at almost 16 million, although the Dragons only believed it was around $2M. The series followed British businesses looking to enter new markets in Brazil, India and Vietnam. As of 2023, his total net worth is approximately 210 million ($325 million). Paphitis is well known to British television viewers for appearing as an investor on the reality business series "Dragons' Den" from 2005 to 2012. Paphitis was inaugurated as the university's Chancellor on 11 October 2018. Theo has five kids, two sons and three daughters, as well as four grandchildren. [13] Paphitis launched the Theo Paphitis Art Prize in 2022. Get support on the legal and regulatory side of both here. The panel also features guests including Shadow Leader of the Commons Thangam Debbonaire, Liberal Democrat chief whip Wendy Chamberlain, immunologist Peter Openshaw and vaccines and public health minister Maggie Throup. [26], Paphitis has been criticised for some of his views on women. [1], In May 2018, Solent University in Southampton named Paphitis as their new Chancellor. Kate Garraway breaks down in tears and says 'it has finished me off' on ITV Good Morning Britain. To inquire about a licence to reproduce material, visit our Syndication site. About us | Zapper Marcus Rashford joins celebrity doctors including Mike Tyson and Jeremy Clarkson, BBC Who Do You Think You Are: Ed Balls wife and net worth and how Ed Balls Day started, Shetland season 7 - BBC issues update on future of Douglas Henshalls hit crime drama, A Place In The Sun viewers have 'tears in their eyes' as Jonnie Irwin's sister issues fresh health update, Jonnie replied back to his sister and wrote: I do it with the support of amazing people like you., Alison Hammond says 'take the camera off me' as Dermot O'Leary rushes to support her. Paphitis as a Dragon The business in question was Zapper; the trading website founded by Young Gun Ben Hardyment, and Paphitis offered 250,000 in exchange for 30% equity. They have five kids, three daughters and two sons. Theo Paphitis is an entrepreneur who was born in Cyprus. Theo Paphitis: net worth, dragons' den, wife, and house Kate Garraway breaks down in tears and says 'it has finished me off' on ITV Good Morning Britain. Cheeky Theo has been causing some mischief on set by sitting in his former middle seat, which incurred the wrath of the Dragon who currently sits there. Paphitis served on the panel of "Dragons' Den" for nine seasons from 2005 to 2012, and briefly returned as a replacement panelist in 2019 and 2021. As a Dragon, Paphitis made show history when he offered to invest 250,000 - the biggest sum ever invested in a business on the Den. During his time in the Den, Theo invested in 45 businesses from heeled welly boots WedgeWelly to portable toilet start-up BogInaBag and became known for asking those pitching why they wanted to take cash from his kids inheritance. ?280 million. Aged 21, he joined Legal & General selling commercial mortgages, which taught him to read other businesses' balance sheets. This British-Greek entrepreneur is best known for his tv appearances on Dragons Den, as well as being the former chairman of the Millwall Football Club. Who is Dragons' Den's Theo Paphitis? - Startups.co.uk Paphitis succeeded Lord West of Spithead. His father then bought a terraced house in Gorton, Manchester where he lived for three years, attending Peacock Street junior school in the area. He was also Chairman of Millwall FC for eight years, taking the club out of administration and into the Championship, then to the FA Cup final for the first time in their history. Dragons Den star and former Millwall chairman, Alex Reid reveals fiance Nikki has given birth to twins after heartbreaking miscarriages, Jesy Nelson quits showbiz and announces big new future plans, Independent Press Standards Organisation (IPSO). Got a business idea? When investors were stood before him asking for money, Theo would often ask why they wanted to take cash away from his kids' inheritance. Piers Morgan says 'he's struggling' in fresh Phillip Schofield update. [18] Starting off as a tea boy and filing clerk at insurance broker Lloyd's of London, Theo then moved into retail at the age of 18 and started selling watches. His appearance on Dragons Den was a huge opportunity for him in this regard. Dragons' Den: The real reason why Duncan Bannatyne, Tej Lalvani and Im Aidan Lehane, and about 5 years ago I quit the rat race and set out on a mission to create passive income online. Theodoros 'Theo' Paphitis (Greek ) (born 24 September 1959) is a Cypriotborn British retail magnate and entrepreneur of Greek Cypriot origin. The retail tail magnate had an estimated net worth of 301 million in 2013. ; born 24 September 1959) is an English-Cypriot retail magnate and entrepreneur. In 2006, he sold his equity stake in the lingerie brand La Senza for a reported 100 million. As well as his multiple successful businesses and the deals and investments he made during his. In the 1980s he started making real money in the commercial property market. After appearing on series four of the BBC Back to the Floor series while chairman at Millwall FC, Paphitis was approached to become one of the "dragons" in the second series of the BBC Two entrepreneurship series Dragons' Den in 2005 and left the programme after series 10 in 2012. Stay abreast of the latest on days out, nights out, shopping and more with our Daily What's On Email updates. This has not been an easy decision or one that I have taken lightly, the entrepreneur explained at the time of leaving. Nothing that we say constitutes fact. 30 March 2022. Quotations by Theo Paphitis, British Businessman, Born September 24, 1959. In 2018, his estimated wealth was ? He is best known for his appearances on the BBC business programme Dragons' Den and as former chairman of Millwall Football Club Covering everything from grants and loans to crowdfunding and accounting, we hope this section will give you the help to raise, manage and improve your finances. He will serve a minimum of three years. Keep reading for an in-depth look at Paphitis. "Back in the early series of Dragons Den, my chair was the middle chair which now belongs to @DeborahMeadensafe to say she wasn't very happy about me sitting in it and swiftly moved me out to the tall fella's chair," he wrote in the caption. This means that we may include adverts from us and third parties based on our knowledge of you. Theo Paphitis Net Worth and Earnings 2022 | Wealthy Genius This includes twins and four grandchildren. Theo was one of the most popular Dragons thanks to his cheeky smile and hilarious jokes, but he decided his time was up in 2013. Theo Paphitis appeared on Dragon's Den between 2005 and 2013, and has since appeared as a stand-in investor. NishaHaroon September 2, 2021, 3:52am 1 Zapper Co. UK Company worth Real Business reports that in exchange for 7.5% of the company, Zapper sought 250,000. Despite his success, Theo actually left school at the age of 16 with no qualifications and took up a job as a filing clerk in a Lloyds of London brokerage. This means that we may include adverts from us and third parties based on our knowledge of you. What I live for is: undefined. Theo revived a number of well known retail brands, including Ryman, Partners the Stationers, Stationery Box, La Senza, Contessa Lingerie and more recently the home and garden retailer Robert Dyas. He also became a celebrity thanks to his TV appearance on 2nd-10th season of reality show Dragons' Den where he sat in a panel of investors and decided in which aspiring businesses to put his money. Schofield has left ITV, meaning his Dancing On Ice, This Morning and British Soap Awards gigs have been lost. As chairman of Millwall football club, he also took them out of administration and on to the 2004 FA Cup final at the Millennium Stadium. Paphitis was known as a straight-talking but approachable and sincere 'dragon' who made many investments on the show, both alone and jointly with other dragon investors. His greatest single year of leadership was in 2004 when Millwall made it to the FA Cup Final for the first time, although the team ultimately fell to Manchester United. Zapper was set up in 2009 by founders Ben Hardyment and Mat White . My Top 5 Business Lessons From Theo Paphitis "There are three reasons to be in business. "This has not been an easy decision or one that I have taken lightly," said. But what is Theo Paphitis' net worth and how did he make his fortune? He followed what he loved, and that made him rich. All Rights Reserved. READ MORE: Camilla watches The Crown on Netflix - but only without King Charles. Paphitis made the highest bid in the show's history to the tune of 250,000 for 30 percent equity in Zapper - a trading website founded by Young Gun Ben Hardyment. These cookies will be stored in your browser only with your consent. Want to know how to start a business in your chosen industry? The retail magnate and former Millwall chairman made his millions from lingerie, homeware and stationery. While still on "Dragons' Den" in 2010, Paphitis had a three-part series entitled "Theo's Adventure Capitalists," which followed British businesses as they sought to enter new markets in countries such as Vietnam, Brazil, and India. Although some of business ideas people come there are funny at best, you can find there many good startups. This is fortune amounted from his retail investments, Millwall football club and television appearances. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. But who is Theo Paphitis and what is his net worth? Here's the lowdown on the business man. ?100 million. He is well known for reducing football hooliganism. Theo Paphitis is a Greek-Cypriot British entrepreneur, retail magnate and TV personality best known for appearing on BBCs Dragons Den. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Theo Paphitis was born on September 24, 1959 in Limassol, Cyprus. Theo was forced to step in for Peter while he was required to self-isolate during filming for series 18. This cookie is set by GDPR Cookie Consent plugin. You also have the option to opt-out of these cookies. Startups was founded over 20 years ago by a serial entrepreneur. Emily Thornberry, Shadow Attorney General for England and Wales, will also take part in the debate, which will be broadcast from Wells, in Somerset. (function(d, s, id) { Here's the lowdown on the business man. [19], In 2010, Paphitis had a three-part television series on BBC Two called Theo's Adventure Capitalists. Check out Dragons Den Net Worth Article Here. As always you can unsubscribe at any time. fjs.parentNode.insertBefore(js, fjs); He is the third richest of the dragons - behind Duncan Bannatyne and Peter Jones. He is the owner of stationery chain Ryman, the homewares specialist Robert Dyas and lingerie retailer Boux Avenue. Theo Paphitis sparked an angry row with a BBC Question Time audience member last night after he told Brexit voters to 'compromise' and back a second referendum. The hard-working, straight-talking 50-year-old will soon be seen in a new BBC/OU co-production Theo's Adventure Capitalists, as he scrutinises a number of British entrepreneurs as they try to make it . Today, he runs several companies and helped many other as an angel investor. The Dragon's Den star revealed the news on Twitter and it was later confirmed . Theo Paphitis is a retail magnate and entrepreneur who has a net worth of $300 million. Later, in 2016, he bought London Graphic Centre, a retailer of specialist arts and stationery. Theo Paphitis is an entrepreneur who was born in Cyprus. He came to England with his parents and Marinos when he was nine years old. To make money, to have fun, and to make money." Paphitis is a keen fan of cars. In May 2018, Solent University in Southampton named Paphitis as their new Chancellor. Outside of business, Paphitis is a big football fan. He is perhaps best known for his work to reduce football hooliganism, and appointing as Millwall manager Dennis Wise, and together they guided the club to their first official appearance in the final of the FA Cup and European football. [17] Paphitis' other companies became sponsors of the League's cup competitions with Robert Dyas sponsoring cup tournaments. As usual, presenter Fiona Bruce and members of the live studio audience will quiz the weeks guests on a range of topical issues. Become a reader. Which businesses did Paphitis invest in on Dragons Den? ", "Theo Paphitis: Branded lazy at school but I was dyslexic", "Celebrity Number Plates Stories: Enter The Dragon Theo Paphitis", "Theo Paphitis: I'm voting for a Brexit as EU is 'failed experiment', The Founder student newspaper interview, https://en.wikipedia.org/w/index.php?title=Theo_Paphitis&oldid=1160325445, This page was last edited on 15 June 2023, at 19:33.
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