Bobby Dudani
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Robert Dudani or Bobby (9 August 1968 - 4 January 2015[1]) was an Anglo-Indian computer retailer who founded the retail chain CeX.[2]
In 1992, alongside business partner Paul Farrington, Dudani opened the first CeX store in Tottenham Court Road.
CEX Limited and CEX Games had a combined turnover of more than £9m and in the 12 months to June 1998, and an operating profit just shy of £400,000 - an increase of almost 800 per cent on the previous year.[citation needed] Dudani held the vast bulk of the shares.[citation needed]
The turning point for the business - started on the strength of a £3,000 loan from Dudani's grandparents - came in 1997 when he developed software for testing second-hand hardware to ensure it was fit for resale.[citation needed]
Dudani, who was educated at the private Kensington Court school and the American-affiliated Richmond College, both in London, flunked his business degree.[citation needed] By the time he was 27, he had renamed his shop with the memorable acronym CEX. He put all profits back into the company - a frugality he ascribed to his wealthy background.[citation needed]
Dudani attended Thomas's Kensington and Richmond College - The American College in London.[3]
He appeared on the British TV show Secret Millionaire.[4][5]
References
- ^ http://announcements.telegraph.co.uk/deaths/186039/dudani
- ^ https://insidecroydon.com/2012/06/12/generosity-shows-money-can-work-for-good-in-new-addington/
- ^ http://www.guardian.co.uk/money/1999/apr/11/theyoungrich1
- ^ http://www.channel4.com/programmes/the-secret-millionaire/episode-guide/series-15/episode-5
- ^ http://www.croydonguardian.co.uk/news/9757485.Secret_Millionaire_yob_out_of_job_after_six_weeks/