Net Worth: $1.5 Billion
- Source of Wealth Serial entrepreneur, Internet (Groupon)
- Nationality United States
About Eric Lefkofsky
American serial entrepreneur, Eric Paul Lefkofsky, has a net worth of $1.5 billion as of September 2011, according to Forbes’ list of billioniares. The Chicago investor is cofounder and 21% owner of the fastest-growing company ever, Web phenom Groupon, which updates its online audience about deep discounts on products and services. Eric Lefkofsky seeded Groupon with its first $1 million in 2008, shot to business fame in June 2011 when the e-commerce company filed for one of the most hotly-anticipated IPOs of the year. Lefkofsky was listed as Groupon’s largest shareholder, with 21% of the shares–three times as much as Andrew Mason, the CEO and public face of the company.
His venture fund, Lightbank, has stakes in 11 companies, including two now public ones: Innerworkings and Echo Global Logistics. He is also the author of Accelerated Disruption and an adjunct professor at the University of Chicago Booth School of Business.
Lefkofsky grew up in the Detroit suburbs,attended University of Michigan and then Michigan’s law school. Started a business in college selling carpet scraps to incoming freshmen on move-in day during the fall. By his senior year, he had 10 universities under contract.