Eric Lefkofsky

Eric Lefkofsky

$4.73 B

Ranked #868 in World

About Eric Lefkofsky

Redefining the technological and entrepreneurial landscapes, Eric Paul Lefkofsky, an American billionaire and serial entrepreneur, has made significant contributions to various sectors. Born into a Jewish family in Michigan, Lefkofsky's journey began with a University of Michigan Law School degree, leading to the co-founding of ventures like Groupon and Tempus. His business acumen took these companies public and brought innovative changes in advertising and logistics industries. Lefkofsky's philanthropic efforts through The Lefkofsky Family Foundation reflect his community commitment, alongside active participation in cultural and technological development in Chicago.

Born

September 02, 1969 in Detroit, Michigan, U.S.

Age

56 years

Source Of Wealth

Groupon, Investments

Industries

Technology

Citizenship

United States

Residence

Glencoe, Illinois

Education

Bachelor of Arts/Science, University of Michigan; Doctor of Jurisprudence, University of Michigan

Spouse

Elizabeth Kramer

Children

3

Eric Paul Lefkofsky, born on September 2, 1969, in Southfield, Michigan, comes from a Jewish family background. His father, Bill, was a structural engineer, while his mother, Sandy, was a school teacher. Lefkofsky attended Tamarack Camps as a youth and later worked there as a staff member. He graduated from Southfield-Lathrup High School in 1987 and went on to graduate with honors from the University of Michigan in 1991. He then received his Juris Doctor from the University of Michigan Law School in 1993.

Eric Lefkofsky: Family

Eric Lefkofsky is married to Elizabeth (née Kramer) since 1997, and together they have three children.

Eric Lefkofsky: Career Highlights

Lefkofsky's entrepreneurial journey began in 1993 when he co-founded Brandon Apparel, a clothing company, with his college friend Brad Keywell. In 1999, he created Starbelly, an Internet company specializing in promotional products. He sold Starbelly to Halo Industries in January 2000 and joined Halo as the chief operating officer. In the fall of 2001, he co-founded InnerWorkings, a print procurement services firm, which went public with an initial public offering in August 2006.

In February 2005, Lefkofsky co-founded Echo Global Logistics, a freight logistics company, which went public on the NASDAQ under the symbol 'ECHO' in June 2006. He also co-founded MediaBank, a technology provider for advertising buyers, in June 2006. MediaBank acquired Datatech, a media planning and procurement platform, in June 2007, and received investment from New Enterprise Associates in July 2007. In 2012, MediaBank merged with Donovan Data Systems to form Mediaocean, valued at $1.5 billion.

Lefkofsky played a crucial role in the success of Groupon. He provided $1 million in funding for ThePoint.com (later Groupon.com) in January 2007. Groupon went on to raise significant funding from investors and turned down a reported $6 billion offer from Google in December 2010. Lefkofsky became the CEO of Groupon in August 2013 but stepped down in November 2016, resuming the role of Chairman.

In July 2014, Lefkofsky made an early investment in Uptake, LLC, an analytics company.

He also founded Tempus, a technology company for personalized cancer care, in 2016 and serves as its CEO.

Eric Lefkofsky: Companies

  • Brandon Apparel
  • Starbelly
  • Halo Industries
  • InnerWorkings
  • Echo Global Logistics
  • MediaBank
  • Datatech
  • Mediaocean
  • Groupon
  • Uptake, LLC
  • Tempus

Eric Lefkofsky: Major Achievements

  • Co-founded several successful companies, including Groupon, InnerWorkings, and Echo Global Logistics.
  • Turned down a reported $6 billion offer from Google for Groupon.
  • Founded Tempus, a technology company focused on personalized cancer care.
  • Serves on the boards of directors of several prominent organizations, including Children's Memorial Hospital, The Art Institute of Chicago, and The Museum of Science and Industry.
  • Teaches entrepreneurship and building technology-based businesses at DePaul University, Northwestern University, and the University of Chicago Booth School of Business.
  • Published "Accelerated Disruption," a book about technology's impact on business.

Eric Lefkofsky: Awards & Achievements

  • Named "Entrepreneur of the Year" by Ernst & Young in 2011.
  • Received the "Chicago Innovation Award" from the Chicagoland Chamber of Commerce in 2012.
  • Recognized as one of "America's Most Promising CEOs Under 40" by Forbes magazine in 2013.
  • Inducted into the Michigan Business Hall of Fame in 2019.

Eric Lefkofsky: Personal Life & Legacy

Eric Lefkofsky is married to Elizabeth (née Kramer) and has three children. He is actively involved in philanthropy through The Lefkofsky Family Foundation, which aims to enhance the quality of human life in their communities. Lefkofsky has also made significant contributions to education, serving as an adjunct professor at several universities and teaching courses on entrepreneurship and technology-based businesses. He is a respected figure in the business world and has left a lasting legacy through his entrepreneurial success and commitment to innovation.

Eric Lefkofsky: Trivia

  • Lefkofsky is a fan of the Chicago Cubs and Chicago Bulls.
  • He is a licensed pilot and enjoys flying.
  • Lefkofsky is a member of the Young Presidents' Organization (YPO).
  • He has been featured in publications such as Forbes, The Wall Street Journal, and The New York Times.

Wealth History

Timeline

September 2, 1969

Eric Paul Lefkofsky was born in Southfield, Michigan.

1987

Graduated from Southfield-Lathrup High School.

1991

Graduated with honors from the University of Michigan.

1993

Received Juris Doctor from the University of Michigan Law School.

1993

Co-founded Brandon Apparel, a clothing company, with college friend Brad Keywell.

1999

Created Starbelly, an Internet company specializing in promotional products.

January 2000

Sold Starbelly to Halo Industries, joined Halo as chief operating officer.

Fall 2001

Co-founded InnerWorkings, a print procurement services firm.

August 2006

InnerWorkings went public with an initial public offering.

February 2005

Co-founded Echo Global Logistics, a freight logistics company.

June 2006

Echo Global Logistics went public on the NASDAQ under the symbol 'ECHO'.

June 2006

Co-founded MediaBank, a technology provider for advertising buyers.

June 2007

MediaBank acquired Datatech, a media planning and procurement platform.

July 2007

MediaBank received investment from New Enterprise Associates.

2012

MediaBank merged with Donovan Data Systems to form Mediaocean, valued at $1.5 billion.

January 2007

Provided $1 million in funding for ThePoint.com (later Groupon.com).

October 2009

Groupon raised $30 million from Accel Partners and New Enterprise Associates.

April 2010

Groupon received $135 million investment from Digital Sky Technology and Battery Ventures, valuing the company at $1.35 billion.

December 2010

Groupon turned down a reported $6 billion offer from Google.

October 2011

Groupon raised $950 million in private funding, paying $810 million to employees and investors.

August 2013

Became CEO of Groupon.

November 2016

Stepped down as CEO of Groupon, resuming the role of Chairman.

July 2014

Early investor in Uptake, LLC, an analytics company.

2016

Founded Tempus, a technology company for personalized cancer care, serving as its CEO.

2006

Formed The Lefkofsky Family Foundation with his wife, Liz.

2013

Joined The Giving Pledge.

May 2008

Joined the committee to bring the 2016 Summer Olympics to Chicago (Chicago 2016).

November 2007

Published "Accelerated Disruption," a book about technology's impact on business.

1997

Married Elizabeth (née Kramer), has three children.

Eric Lefkofsky : FAQs

What is Eric Lefkofsky's current net worth?

Eric Lefkofsky's current net worth is $4.73 billion.

What is Eric Lefkofsky's current global rank among billionaires?

Eric Lefkofsky holds the 868th position globally among billionaires.

What is Eric Lefkofsky's current ranking within the United States?

Eric Lefkofsky holds the 326th position in United States.

What was the change in Eric Lefkofsky's net worth compared to the previous year?

Eric Lefkofsky's net worth decreased by 548.2 million dollars compared to the previous year 2025, when his net worth was 5.28 billion dollars.

What are Eric Lefkofsky's main sources of wealth?

Eric Lefkofsky's main source of income comes from Groupon, Investments.

In which industry does Eric Lefkofsky primarily operate?

Eric Lefkofsky is primarily involved in the Technology industry.

What is Eric Lefkofsky educational background?

Eric Lefkofsky holds a Bachelor of Arts/Science from the University of Michigan and a Doctor of Jurisprudence from the University of Michigan.

How old is Eric Lefkofsky?

Eric Lefkofsky is 56 years old.

How many children does Eric Lefkofsky have?

Eric Lefkofsky has 3 children.

Who is Eric Paul Lefkofsky and what are his major business accomplishments?

Eric Paul Lefkofsky is an American billionaire businessman and entrepreneur, renowned for founding Tempus and co-founding Groupon, Echo Global Logistics, InnerWorkings, and Mediaocean. His ventures have significantly impacted various industries, particularly through the success of Groupon and the advancements in personalized cancer care with Tempus.

What is the background and early life story of Tempus founder Eric Lefkofsky?

Born on September 2, 1969, in Southfield, Michigan, Eric Lefkofsky grew up in a Jewish family, the son of Bill, a structural engineer, and Sandy, a school teacher. He attended Tamarack Camps in his youth and went on to graduate from Southfield-Lathrup High School and the University of Michigan with honors, later receiving a Juris Doctor from the University of Michigan Law School.

How did Eric Lefkofsky contribute to the technology and logistics industry through his entrepreneurial ventures?

Eric Lefkofsky has been instrumental in the tech and logistics sectors, starting with his co-founding of InnerWorkings in 2001 and Echo Global Logistics in 2005, both of which went public. He also co-founded MediaBank, which later merged to become Mediaocean, valued at $1.5 billion. Additionally, he was an early backer of ThePoint.com, which evolved into the highly successful Groupon.

Can you detail Eric Lefkofsky's involvement in philanthropy and community services?

Eric Lefkofsky is actively involved in philanthropy, having established The Lefkofsky Family Foundation with his wife Liz in 2006, aiming to improve human life quality and having funded over 50 organizations. He has committed to The Giving Pledge and serves on the boards of various Chicago institutions including Children's Memorial Hospital, The Art Institute of Chicago, and more.

What are Eric Lefkofsky's contributions to education, and what book has he published?

Eric Lefkofsky has contributed to academia as an adjunct professor at institutions like the University of Chicago Booth School of Business, where he teaches about entrepreneurship and technology-based businesses. He has also authored 'Accelerated Disruption', which examines the impact of technology on business.
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