Sir Peter Lampl, the millionaire philanthropist who sparked a large scale police search after going missing on Sunday, has been found safe and well at Victoria train station in central London, according to Telegraph.co.uk.

Friends and family were deeply concerned after the 61-year-old chairman of the Sutton Trust educational charity disappeared from his south-west London.

Sir Peter had been taking medication for depression since the breakdown of his marriage. He had not taken his pills with him when he left and his disappearance was "entirely out of character".

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Sir Peter was last seen at his Wimbledon home at 8.30am on Sunday and police took the unusual step of issuing an appeal after just 36 hours saying they were "urgently appealing for help". It is not yet known where he went before being found by police at Victoria station.

He has now been reunited with family members including his "delighted" sister, Erica. His wife is understood to have been in America with their children Katherine, 13, Christopher, 11 and Stephanie, eight, when he went missing.

Sir Peter made his fortune with private equity firm the Sutton Company before founding the Sutton Trust in 1997. It provides educational opportunities for underprivileged children.

He was given a knighthood in 2003 and has been a key government adviser on education or many years, visiting Tony Blair at Chequers and earning the respect also of Gordon Brown, who praised his "life transforming" work at the trust`s 10-year anniversary celebrations.

He was thought to have lost money in the credit crisis, but friends said that he was more depressed about personal rather than financial matters.