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Jeremy Stoppelman Net Worth

Jeremy Stoppelman Net Worth

Net Worth: $222 Million

Statistics
  • Source of Wealth Yelp
  • Birth Place Arlington, Virginia, USA
  • Full Name Jeremy Stoppelman
  • Nationality United States
  • Date of Birth November 1977
  • Occupation Businessman
  • Education Harvard Business School

About Jeremy Stoppelman

American entrepreneur Jeremy Stoppelman has an estimated net worth of $222 million in 2012. He is best recognized as one of the founders of Yelp, Inc, where he currently serves as chief executive officer.

After completing his computer engineering degree at University of Illinois, Stoppelman started working for @Home Network, then moved to X.com, which was later renamed PayPal. He worked for PayPal as the company’s vice president for engineering. When eBay acquired PayPal in 2003, Stoppelman left the company to attend Harvard Business School.

In 2004, Stoppelman and a former PayPal colleague, Russell Simmons began developing the idea of creating an online community that would allow users to share recommendations about the local services offered. With an initial funding of $1 million, Stoppelman played a crucial role in increasing the value of the company to $145 million. Also, the number of reviews posted on the site has reached 33 million. As of 2012, Jeremy Stoppelman has already written more than one thousand Yelp reviews. He currently owns 11 percent of the company.