Eric Lefkofsky

About Eric Lefkofsky

Who is it?: Chairman, Groupon
Birth Day: September 02, 1969
Birth Place: Glencoe, Illinois, United States
Birth Sign: Libra
Alma mater: University of Michigan (JD) (BA)
Occupation: Chairman, Groupon and Co-founder / CEO, Tempus
Known for: Co-founder of Groupon
Spouse(s): Elizabeth Kramer
Children: 3
Website: lefkofsky.com

Eric Lefkofsky Net Worth

Eric Lefkofsky was bornon September 02, 1969 in Glencoe, Illinois, United States, is Chairman, Groupon. Eric Lefkofksy made his fortune from the daily deals site Groupon, which he founded in 2008 with longtime business partner Brad Keywell. Lefkofsky remains chairman of Groupon, but now spends the bulk of his time running healthcare startup Tempus, which uses data to treat cancer. Together Lefkofsky and Keywell also founded VC firm Lightbank, which has made investments in over 100 companies like e-commerce company BeachMint. Lefkofsky and Keywell also founded Uptake, which uses data science to improve other companies' operations and safety. He grew up outside of Detroit and went to the University of Michigan for his undergraduate and law degrees.
Eric Lefkofsky is a member of Technology

💰 Net worth: $2.1 Billion (Updated at 22 June 2018)

2011 $1.5 Billion
2012 $2.9 Billion
2013 $1.75 Billion
2014 $1.55 Billion
2015 $1.65 Billion
2016 $1.8 Billion
2017 $1.9 Billion
2018 $2.14 Billion

Some Eric Lefkofsky images

Biography/Timeline

1987

Lefkofsky grew up in a Jewish family In Southfield, Michigan, the son of Bill, a structural Engineer, and Sandy, a school Teacher. He attended Tamarack Camps as a youth and later worked as a staff member. After graduating from Southfield-Lathrup High School in 1987, he attended the University of Michigan and graduated with honors in 1991. He continued on at University of Michigan Law School to receive his Juris Doctor in 1993.

1993

After law school, in 1993, he and a college friend, Brad Keywell, borrowed money from relatives to buy Brandon Apparel, a clothing company in Madison, Wisconsin..

1997

In 1997, Lefkofsky married Elizabeth (née Kramer); they have three children.

1999

In 1999, Lefkofsky and Keywell created an Internet company, Starbelly, that specialized in promotional products. The firm experienced rapid "pre-bubble" growth and was sold to Halo Industries in January 2000, with Lefkofsky joining as chief operating officer. A little more than a year later, the company went bankrupt. Halo and Starbelly faced multiple lawsuits from shareholders, all of which were resolved by 2004.

2001

Lefkofsky then co-founded InnerWorkings in fall 2001. The firm provided print procurement services for mid-sized companies; In August 2006, it had an initial public offering. Lefkofsky was on the board of Directors of the firm until October 2012.

2005

In February 2005, Lefkofsky and Keywell created a freight Logistics company, Echo Global Logistics. It attracted financing from New Enterprise Associates, and then went public on the NASDAQ under the symbol 'ECHO' in June 2006.

2006

In 2006, Lefkofsky and his wife formed a charitable trust, the Lefkofsky Foundation, for the "purpose of supporting charitable, scientific, and educational organizations and causes around the world". The foundation has a focus on children. The foundation has helped fund more than 50 organizations to date.

2007

In January 2007, Lefkofsky co-founded and provided $1 million in funding for ThePoint.com, an online collective action website started by Andrew Mason. New Enterprise Associates led an early stage investment round in ThePoint. In late 2008, the site changed its name to Groupon.com. In October 2009, Groupon raised $30 million from Accel Partners and New Enterprise Associates. In April 2010, Digital Sky Technology and Battery Ventures invested $135 million in Groupon at a valuation of $1.35 billion. In August 2010, Forbes reported that it was the fastest growing company in history.

2008

In May 2008, Lefkofsky joined the committee to bring the 2016 Summer Olympics to Chicago, Chicago 2016.

2010

In February 2010, Lefkokfsky and Keywell announced a new venture firm called Lightbank to develop new companies in the Chicago area. In December 2010, Google offered a reported $6 billion for Groupon. The offer was turned down, possibly due to anti-trust and regulatory scrutiny the deal might face. In October 2011, Groupon raised $950 million in private funding and then paid $810 million to employees and Investors. Lefkofsky and family were paid $398 million.

2013

In 2013, Lefkofsky and his wife joined The Giving Pledge.