Eric Lefkofsky is a serial entrepreneur, philanthropist, and billionaire who co-founded and led a number of successful businesses. He is best known for co-founding Groupon, a well-known online marketplace that provides discounts and deals on a variety of products and services.
Lightbank, Uptake, and Tempus are among the other companies in which Lefkofsky has co-founded or invested. With such a successful track record, it’s no surprise that Lefkofsky’s net worth is in the billions. Let’s take a closer look at Eric Lefkofsky’s net worth and charitable contributions.
Entrepreneurial and Early Career Opportunities
Eric Lefkofsky was born in Southfield, Michigan on September 2, 1969. He went to the University of Michigan and graduated with honors in 1991. Following graduation, Lefkofsky enrolled in law school at the University of Michigan, where he received his Juris Doctorate in 1993.
Lefkofsky began his entrepreneurial journey after law school, co-founding several companies in a variety of industries. InnerWorkings, a print procurement firm, and Echo Global Logistics, a transportation and logistics company, were among his early ventures.
Lefkofsky co-founded MediaBank, a software company that provides workflow and analytics tools to ad agencies, in 2006. He also co-founded Lightbank, an early-stage technology venture capital firm.
Groupon and Other Profitable Businesses
Eric Lefkofsky co-founded Groupon in 2008, and it quickly became one of the world’s most successful online marketplaces. Groupon provides discounts and deals on a wide range of products and services, including travel, dining, and entertainment. Lefkofsky became a billionaire when the company went public in 2011 at a valuation of $12.7 billion.
Following Groupon, Lefkofsky went on to co-found or invest in a number of other successful businesses, including Uptake, a predictive analytics firm, and Tempus, a technology company that helps physicians personalize cancer treatment. Tempus has raised over $600 million in funding and is valued at more than $8 billion, making it one of Lefkofsky’s most successful companies.
What is the Net Worth of Eric Lefkofsky?
According to Celebrity Net Worth, Eric Lefkofsky’s net worth is estimated to be around $4 billion as a result of his successful entrepreneurial ventures. The majority of Lefkofsky’s fortune stems from his ownership stakes in several companies, including Tempus, Lightbank, and Groupon. He has also invested heavily in other companies such as Uptake and InnerWorkings.
The philanthropy of Eric Lefkofsky
Despite his enormous wealth, Eric Lefkofsky is known for his philanthropy and dedication to community service. He and his wife, Elizabeth, established the Lefkofsky Family Foundation in 2006, with the goal of improving education, human rights, and medical research.
The Lefkofsky Family Foundation has given millions of dollars to organizations such as the American Brain Tumor Association, Northwestern University’s Robert H. Lurie Comprehensive Cancer Center, and the University of Michigan. In 2015, the foundation announced a $1 million donation to the Chicago Community COVID-19 Response Fund, which assists Chicago-area nonprofits and community organizations assisting those affected by the pandemic.
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Real Estate of Eric Lefkofsky
Eric paid $19.5 million for a lakefront 16,000-square-foot mansion in the Chicago suburb of Glencoe in January 2015. The land is four acres in size.
Eric paid $31 million for a penthouse at the Miami Four Seasons in September 2018.
Eric paid $33 million for a mansion on 9 acres in Montecito, California in December 2020. Ellen Degeneres and Portia de Rossi were the buyers.
Important facts About Eric Lefkofsky
- He graduated from the University of Michigan with honors in 1991 and from the University of Michigan Law School in 1993.
- InnerWorkings, Echo Global Logistics, MediaBank, Groupon, Uptake, and Tempus are just a few of the companies Lefkofsky has co-founded or invested in.
- Groupon, which Lefkofsky co-founded in 2008, went public in 2011 with a $12.7 billion valuation.
- According to Forbes, Eric Lefkofsky’s net worth is estimated to be around $ 4 billion.
- Lefkofsky is well-known for his philanthropy and commitment to community service, and he and his wife, Elizabeth, founded the Lefkofsky Family Foundation in 2006.
- The Lefkofsky Family Foundation has given millions of dollars to organizations that work to improve education, human rights, and medical research, among other things.
- In addition to his successful business ventures, Lefkofsky has made significant real estate investments, including a lakefront mansion in Glencoe, Illinois, a penthouse at the Four Seasons in Miami, and a 9-acre mansion in Montecito, California.
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