Lloyd Dorfman’s profile picture

Lloyd Dorfman

Lloyd Dorfman’s profile picture
Net worth 2018: $1.2 Billion
Industry: Other
BirthDay: 25 August 1952
Sigh: Virgo
Children: 3
Education: Drop Out, Wenzhou Normal College
BIOGRAPHY

Lloyd Dorfman was bornon 25 August 1952 in United Kingdom. Founded a small currency-exchange shop in central London more than 30 years ago; built Travelex into the world's largest foreign-exchange specialist, with operations in 31 countries. Sold a majority stake to private equity firm Apax Partners in 2005; still holds 30%. Ceded his chief executive role that same year but remains chairman. In January made 34-year-old, Peter Jackson, chief executive. Sponsors London's National Theatre to help lower ticket prices.

NET WORTH STATISTIC
2010

$1.2 Billion

2018

$1.2 Billion

TIMELINE
2017

In 2017, following a gift from the Dorfman Foundation, the Royal Academy announced the launch of two new international architecture awards, and the restoration of the Senate Rooms in Burlington Gardens to house a new architecture space and café

2016

He was awarded an honorary doctorate by Buckingham University in 2016

2014

In 2014, he co-founded and became chairman of Doddle, a retail business enabling people to collect, return and send their online shopping from train stations and elsewhere

2011

In 2011, he was awarded The Prince of Wales Medal for Arts Philanthropy

2010

He was previously chairman and majority shareholder of the company from 2010 to 2017, before a £500 mn deal with Blackstone in June 2017

2008

In 2008 Dorfman was appointed CBE in the Queen's Birthday Honours list for services to business and charity

2007

In 2007 he received the Honorary Australian of the Year in the UK award

2005

In addition, he is a trustee of the Royal Opera House, of the Royal Academy Trust and of JW3; deputy chairman of the Community Security Trust, and was a governor of St Paul's School from 2005 to 2016

2003

Travelex pioneered sponsorship deals including Travelex Cheap Ticket Season at the National Theatre, as well as sponsoring the winning World Cup teams for Australian Cricket in 2003 and England Rugby the same year

2002

In 2002 he received the British American Chamber of Commerce's UK Entrepreneurial Award, and the Institute of Economic Affairs' Free Enterprise Award

2001

In 2001 Dorfman was the winner of the Consumer Business Category in the UK "Entrepreneur of the Year" awards sponsored by Ernst & Young, Citibank and The Times

1989

The company expanded into airports worldwide, opening in the USA in 1989 shortly followed by Australia in 1990

1986

In 1986, Dorfman won Travelex a landmark contract as the first non-bank foreign exchange provider at the newly opened Heathrow Terminal 4

1976

In 1976, Dorfman started his own currency exchange business from one small shop based in Southampton Row in central London

1952

Lloyd Marshall Dorfman (born 25 August 1952) is a British entrepreneur and philanthropist

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