Most of you might not even have heard of Paul Orfalea or have only heard of the Kinkos company, but are you even aware of how inspiring is the founder’s life? Paul is rich, of course, but more than that, he is a philanthropist who helps those in need. He started the popular Copy chain Kinkos which was later taken over by FedEx, and donated a lot for children and their education.
If you want to know about Kinkos Founder’s net worth and more about his personal life, then stay with us because we have all the information researched from various sources, and you will learn about Paul Orfalea’s career, net worth, and personal and professional life.
Who Is Paul Orfalea | Paul Orfalea Biography
Paul Orfalea is a famous businessman and Philanthropist, and he is more popular as the founder of Kinko’s, the American Copy Chain. He was born on November 28, 1947, and is 75 today. Paul married Natalie, and the couple has two sons together. Orfalea is also a philanthropist, and his efforts have made several organizations and foundations that help families and children.
|Businessman | Philanthropist | Founder – Kinko’s
|About $250 Million
|November 28, 1947
How Much Is Paul Orfalea Net Worth? Kinkos Founder Net Worth
The estimated net worth of Paul Orfalea is about $250 Million, and his businesses are a major source of this net worth. He founded the company Kinko’s, which is American Copy-chain. There are numerous business units of Kinko’s all over the world. Kinko was then purchased by FedEx for $2.4 billion in 2004, and this became the primary source for his net worth.
He also wrote a book, “Copy This! Lessons from a hyperactive dyslexic who turned a bright idea into One of America’s best companies” in 2005 and another one in 2008 named “Two Billion Dollars in Nickels: Reflections on the Entrepreneurial Life”. His other popular book, “The Entrepreneurial Investor: the Art, Science, and Business of Value Investing”, also came out the same year.
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Paul Orfalea Career Highlights
Paul Orfalea struggled a lot during his school days due to his hyperactivity disorder and Dyslexia. However, he overcame all that and started helping others who faced the same difficulties. He was expelled from several schools and later joined the University of Southern California. After completing his education, the journey was also not easy, as he was fired many times from various jobs. His family supported him a lot, and finally, he could start his business.
After all the struggle, Paul founded Kinko’s in 1970 with a rented store in the neighborhood of Isla Vista. Paul used to sell stationeries in his store, including pens, notebooks, pencils, and more with copy machine services. The business grew later, and he enhanced it through partnerships with other individuals. Kinko’s was then sold to FedEx in 2004 and it was renamed FedEx Kinkos and today is known as FedEx Office.
Orfalea is also known for his giving nature and his Philanthropist efforts. He started the Orfalea Family Foundation to help children in Santa Barbara County, California in 2000. The foundation helped children and their families with problems and difficulties they faced during their studies and the care and help that must be provided to them. He also presented $15 million to the California Polytechnic State University of Business and because of this, the University was later renamed after him as Orfalea College of Business.
Paul Orfalea Wife And Children
Paul Orfalea married Natalie, and the happy couple has two sons. His family has always supported his ideas and visions and helped him with his business and organizations to help other children who face the same difficulties. He has always mentioned that his parents helped him a lot throughout his struggle and also helped him start his business.
Paul Orfalea is a businessman and philanthropist; one could learn better about it from his career highlights. In the post above, we have discussed Orfalea’s net worth and other important aspects of his life. He is an inspiring personality and you should definitely go through his life history to know more about his career and struggles and how he achieved this position today.
Mysha is from a business background and holds a related degree. She is an industry geek and loves to keep a check on every fluctuation happening in the modern tech and business industry.