- Category:
- Richest Business › CEOs
- Net Worth:
- $250 Million
- Birthdate:
- Nov 28, 1947 (76 years old)
- Birthplace:
- Los Angeles
- Gender:
- Male
- Profession:
- Businessperson
- Nationality:
- United States of America
What is Paul Orfalea's Net Worth?
Paul Orfalea is an American entrepreneur and public speaker who has a net worth of $250 million. Paul Orfalea was born November 28, 1947 in Los Angeles, California. Paul Orfalea founded Kinko's in 1970 near the University of California at Santa Barbara with a simple concept: provide college students with products and services they need at a competitive price. The name 'Kinko's' was coined from Orfalea's nickname of Kinko (due to his curly red hair). The space Orfalea rented for his copy business was tiny, but Kinko's grew to be the world's leading business services chain with over 1100 Kinko's worldwide. Much of Kinko's success can be traced directly to Orfalea's unique business philosophy based on the founder's freethinking, creative style. Orfalea's theories and instincts on how to operate a successful business were grounded in his passion for retailing, his insistence on taking care of his co-workers and customers, and a sharp eye for opportunity.
Through Paul Orfalea's leadership, Kinko's has taken an exemplary leading role in environmental responsibility. Orfalea is no longer involved with Kinko's. He now devotes much of his time to new business ventures. One of those ventures is the formation of the Orfalea Family Foundation, which supports various philanthropic efforts, but specifically spotlights early care and education at children's centers, caregiver training and intergenerational programs. Orfalea is in great demand for public speaking, often addressing business organizations, especially entrepreneurs and working women, with his inspirational messages. In 2000, People Magazine profiled Orfalea as one of several prominent leaders who has overcome dyslexia and gone on to have illustrious careers.