LLOYD DORFMAN • Net Worth $1 Billion • House • Yacht • Private Jet • Travelex

Name:Lloyd Dorfman
Net Worth:$ 1 billion
Source of Wealth:Travelex (sold)
Born:August 25, 1952
Wife:Sarah Dorman
Residence:London, UK
Private Jet:Bombardier Global 6000 (G-SALD)

A Glimpse into Lloyd Dorfman’s Life

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.

Key Takeaways:

  • Lloyd Dorfman, the founder of the Travelex Group, has made significant contributions to the currency exchange industry.
  • From a single shop in London to the world’s largest foreign exchange retailer, Dorfman has grown Travelex into an internationally recognized company.
  • Dorfman also contributed to the growth of The Office Group, a provider of office spaces and co-working environments for start-ups and small businesses.
  • He has a strong commitment to philanthropy, serving as Chairman of the Prince’s Trust International, donating to the Royal National Theatre, and sitting on the board of the Royal Opera House.
  • His estimated net worth ranges between $800 million to $1.2 billion, a testament to his successful business ventures and investments.

The Origin and Evolution of Travelex

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.

The Office Group: A Hub for Start-ups and Small Businesses

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.

Dorfman’s Philanthropic Pursuits

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.

Lloyd Dorfman’s Estimated Net Worth

After years of successful business ventures and investments, Dorfman’s net worth is estimated to fall between $800 million and $1.2 billion.






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Yacht Elandess Owner

Lloyd Dorfman

Watch this video!

Dorfman Yacht Elandess

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.