| Name: | Lloyd Dorfman |
| Net Worth: | $ 1 billion |
| Source of Wealth: | Travelex (sold) |
| Born: | August 25, 1952 |
| Age: | |
| Country: | UK |
| Wife: | Sarah Dorman |
| Children: | 3 |
| Residence: | London, UK |
| Private Jet: | Bombardier Global 6000 (G-SALD) |
| Yacht | Elandess |
Born in August 1952, Lloyd Dorfman has established a name in the global business arena as the founder of the Travelex Group. His personal life is as fulfilling as his professional one, happily married to Sarah Dorfman, with whom he has three children. Interestingly, Dorfman was once the proud owner of the luxurious yacht, Elandess, further displaying his affinity for the finer things in life.
Travelex, the brainchild of Dorfman, is a renowned London-based currency exchange company that was conceived in 1976. From its humble beginnings in a small shop in central London, Travelex has climbed the ladder of success to become the world’s largest retailer of foreign exchange. Its diversified operations span across international payments, currency exchange, and the issuance of prepaid credit cards tailored for travelers.
Dorfman demonstrated his strategic acumen by selling off different business segments at opportune times. In 2011, he sold the credit card business for an impressive US$ 400 million and the international payment business for a whopping US$ 800 million. Later, in 2014, he sold the majority of his shares in Travelex for around US$ 500 million.
Apart from his accomplishments with Travelex, Dorfman holds the esteemed position of Chairman and is the majority shareholder of The Office Group. This venture aims to provide offices, meeting rooms, and co-working spaces to start-ups and small businesses, nurturing their growth. With over 30 buildings scattered across London, The Office Group is a testament to Dorfman’s visionary leadership. He sold the majority of his shares in this venture for a tidy sum of US$ 600 million.
In addition to his business endeavors, Dorfman is also an active philanthropist. As the Chairman of the Prince’s Trust International, he has significantly contributed to supporting unemployed young people worldwide, providing them with education, training, and employment opportunities. His philanthropic spirit led him to donate US$ 12 million to the Royal National Theatre in 2013, resulting in the creation of the Dorfman Theatre. His philanthropic influence extends to the Royal Opera House, where he serves on the board.
After years of successful business ventures and investments, Dorfman’s net worth is estimated to fall between $800 million and $1.2 billion.
https://en.wikipedia.org/LloydDorfman
https://www.forbes.com/lloyddorfman/
philanthropy.coutts.com//lloyddorfman
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He lived with his wife Sarah Dorfman in a large mansion in London, named Cannon Hall. The house has an indoor pool. And a value of around US$ 40 million. Dorfman has sold the house in 2015. Do you know more about his current home? Please do send us a message.
London, the vibrant capital city of the United Kingdom, is a popular destination for billionaires worldwide, owing to its diverse allure. Renowned for its rich history, London boasts world-class museums, iconic landmarks, and centuries-old architecture, offering an exquisite blend of the old and the new. The city’s financial district, the City of London, is one of the leading international finance centers, making it an attractive base for billionaire business tycoons and investors.
In addition, London offers luxurious living with its high-end properties in districts like Kensington, Chelsea, and Belgravia. The city is also a shopping paradise, boasting luxury boutiques and flagship stores of global designer brands on streets like Bond Street and Knightsbridge. As a cultural hub, London hosts a multitude of premium events, from theater at the West End to art exhibitions and fashion weeks, catering to the refined tastes of the billionaire class.
London’s top-tier education institutions are another draw for billionaires, especially those with families. Its superior healthcare facilities, including renowned hospitals and clinics, offer peace of mind for these affluent residents. Moreover, London’s connectivity, with direct flights to major cities worldwide, facilitates global mobility. Hence, its blend of luxury, culture, and connectivity make London a preferred city for billionaires to reside.
He was the owner of the Abeking motor yacht Elandess. He sold her in December 2022. Elandess was built by A&R in 2018.
M’BRACE Yacht is a luxury vessel built by Abeking and Rasmussen, featuring an Atlantic Bow and a large swimming pool on the sun deck.
The yacht is powered by 2 Caterpillar diesel engines and reaches a top speed of 14 knots with a cruising speed of 12 knots.
The M’BRACE’s luxurious interior, accommodating 12 guests and a crew of 24, is designed by Harrison Eidsgaard.
Lloyd Dorfman originally purchased the yacht M’BRACE for GBP 87 million (~$115 million), and its annual running costs approximate $10 million.
He is the owner of a Bombardier Global 6000 private jet, with registration G-
The Bombardier Global 6000 is a long-range business jet produced by Bombardier Aerospace. It was introduced in 2010 and is part of the Bombardier Global family of aircraft. The Global 6000 has a maximum range of 6,000 nautical miles and can accommodate up to 19 passengers. It is equipped with advanced technologies and luxury amenities, including a spacious cabin, high-speed internet, and a full galley. The Global 6000 is popular among executives, government officials, and other individuals who require long-range travel capabilities and comfort. A Global 6000 has a list price of EUR 50 million.
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Yacht Owners Database 2024
