Who is Lloyd Dorfman?
He is the founder of the Travelex Group. He was born in August 1952. He is married to Sarah. They have 3 children. He is owner of the yacht Elandess.
Travelex is London based currency exchange company. The company is active in international payments, currency exchange business, and issuing prepaid credit cards for use by travelers. The company was founded in 1976. It started with a small shop in central London. Travelex is currently the world’s largest retailer of foreign exchange.
In 2011 he sold the credit card business for US$ 400 million and the international payment business for US$ 800 million. And in 2014 Dorfman sold the majority of all his shares in Travelex for approx US$ 500 million.
The Office Group
Dorfman is also Chairman and majority shareholder of The Office Group, which provides offices, meeting rooms and co-working spaces for start-ups and small businesses. The company has over 30 buildings across London. Dorfman sold the majority of his shares for US$ 600 million.
He is an active philanthropist. He is Chairman of the Prince’s Trust International, which helps unemployed young people around the world into education, training and work. In 2013 he donated US$ 12 million to the Royal National Theatre, to create the Dorfman Theatre.
He sits on the board of the Royal Opera House.
Lloyd Dorfman Net Worth
His net worth is estimated between US$ 800 million and US$ 1.2 billion.