Paul Orfalea Net Worth is$250 Million
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Date of Birth: Nov 28, 1947

Country: United States of America

Paul Orfalea is the founder of the Kinkos copy chain and has a net worth of $250 million. Paul Orfalea has earned his net worth through his founding of Kinko's and as a co-author of two books, "Copy This! Lessons from a Hyperactive Dyslexic Who Turned a Bright Idea into one of America's Best Companies." and "The Entrepreneurial Investor: The Art, Science, and Business of Value Investing." He was born in Los Angeles, California.
Paul Orfalea (Arabic: ??? ?????????) (born November 28, 1947), nicknamed "Kinko" because of his curly red hair, founded the copy-chain Kinko's. His father descends from Urfa.
Orfalea was born in Los Angeles, California to parents of Lebanese descent. He is currently a philanthropist and a visiting professor in the Global and International Studies Department of the University of California at Santa Barbara (UCSB), and the Lloyd Greif Center for Entrepreneurial Studies at the University of Southern California (USC) Marshall School of Business.
Orfalea's father and grandmother ran clothing stores in Los Angeles. According to Orfalea, he was a woodshop major in high school, and his typical report card was "two C's, three D's, and an F." Due to his dyslexia and attention deficit hyperactivity disorder, Orfalea reportedly flunked two grades and was expelled from several schools. He later attended the University of Southern California. Despite being fired from a number of jobs, his family supported him in his determination to launch his own business. In later life he remarked on the subject of his handicaps, "I get bored easily, and that is a great motivator, I think everybody should have dyslexia and A.D.D."
Orfalea decided to start up his own business while he was attending USC. With a $5000 bank loan co-signed by his parents, Orfalea founded Kinko's in 1970. His first store was a 100 square foot space adjacent to a hamburger stand in the Isla Vista neighborhood of Santa Barbara, California, rented for $100 a month. Orfalea began selling notebooks, pens, pencils, and the services of a copying machine at 4 cents per copy. Within ten years, Kinko's grew to a network of over 80 stores across the country. Rather than franchise, Orfalea formed partnerships with each individual store's local co-owners. Since the stores were located mostly near college campuses and staffed by part-time students, the business was initially driven by the needs of university students. The

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Paul Orfalea Latest News

U.S. Government Supports New Digital Platform for Lebanon to Engage the Diaspora

Some are successful businessmen and women, including Paul Orfalea, founder of Kinkos, and Debra Cafaro, the CEO of the investment firm Ventas, and one of only two women named by Harvard Business Review in its list of the “Top 50 Best Performing CEOs in ...
Posted: August 10, 2017, 10:29 pm

West Coast Asset Management’s Top Picks Include Molson Coors Brewing Company (TAP) & More

West Coast Asset Management is a hedge fund based in California and is managed by Lance Helfert and Paul Orfalea. We track the activity of various hedge funds, including West Coast Asset Management as part of our strategy, which allows retail investors to ...
Posted: July 30, 2013, 2:17 am

West Coast Asset Management’s top holdings

A few weeks ago, Lance Helfert and Paul Orfalea's West Coast Asset Management filed its 13F at the U.S. Securities and Exchange Commission, disclosing its long equity positions as of the end of the fourth quarter of 2013. We have found that the most ...
Posted: February 28, 2014, 4:29 am

Sept. 15 Free Event: Kinkos Founder to Speak at COC

As a student at the University of Southern California in the 1970s, Paul Orfalea came up with an idea while watching his fellow classmates stand in line for copies. With a $5,000 bank loan and a 100-square-foot space next to a Santa Barbara hamburger stand ...
Posted: September 8, 2016, 6:02 pm

Paul Orfalea on Creating the Kinko's Brand

Paul Orfalea is the founder of Kinko’s, a philanthropist, and a serial entrepreneur. He is a visiting professor in the Global and International Studies Department of the University of California at Santa Barbara (UCSB) and the Lloyd Greif Center for ...
Posted: June 28, 2012, 6:08 am
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