Paul Orfalea Net Worth

Paul Orfalea Net Worth is
$250 Million

Paul Orfalea Bio/Wiki, Net Worth, Married 2018

Orfalea was born in La, California to parents of Syrian Orthodox Christian ancestry. His dad’s family came in the city Urfa (now in Turkey), once an important center of Greek Orthodox and Syriac Christianity. Orfalea made a decision to start up his own company while he was attending USC. Using a $5,000 bank loan co signed by his parents, Orfalea founded Kinko’s in 1970. His first shop was a 100 square foot space next into a burger stand in the Isla Vista neighborhood of Santa Barbara, California, leased for $100 a month. Orfalea started selling laptops, pens, pencils, as well as the employment of a duplicating machine at 4 cents per copy. Within ten years, Kinko’s grew into a network of over 80 shops all over the united states. Rather than franchise, Orfalea formed ventures with each individual shop’s local co-owners. Since the shops were found mainly near school campuses and staffed by part time pupils, the company was initially driven by the exigencies university students. The clientele shortly enlarged to include other high end doc users, including job seekers printing vitae and company users creating professional instruction manual. Orfalea’s open-for-24-hours policy raised the shops popularity and led to the spread of Kinko’s across America and worldwide, and finally to more than 1,200 locations and 23,000 workers in 10 different states. Orfalea place a higher value on worker satisfaction, and Fortune Magazine named Kinko’s among the greatest places in The United States to work for 3 years in a row. The organization at present does business below the name FedEx Office. The Orfalea Foundation, as it’s now understood, focuses on early childhood education, K-school education, and youth development, mainly in Santa Barbara County, California. The foundation is notorious for taking direct action including making grants. Its most visible plan, the School Food Initiative (SFI), trains food service staff and managers to transition from heat-and-serve cuisine to cooked-from scratch meals in local schools. SFI also provides infrastructure and equipment grants to support scrape cooking, along with farm-to-school links, school gardens, and food literacy systems.

Paul Orfalea Net Worth $250 Million Dollars