How many Dragons were on the original investor panel of the UK show Dragon's Den?

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Five Dragons were on the original investor panel of the UK show Dragon's Den.

The first British panel consisted of Peter Jones, Duncan Bannatyne, Rachel Elnaugh, Doug Richard and Theo Paphitis. Their different business backgrounds gave the opening series a mixture of retail, technology, property and entrepreneurial perspectives.

The number of Dragons has not been completely fixed throughout the programme's history. Investors have left, returned or been replaced, and special episodes or scheduling changes can alter the appearance of the panel. That makes the original lineup different from later versions remembered by viewers.

Another frequent confusion is between the number of investors in the British launch panel and the number appearing in a particular episode. The canonical starting lineup contained five people, even though later seasons introduced different combinations of Dragons.

Source: Wikipedia · fact-checked Oct. 2026

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