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American serial entrepreneur, Eric Paul Lefkofsky, has an estimated net worth of $2.7 billion. The Chicago investor is the co-founder 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 the University of Michigan and then Michigan's law school. Started business in college selling carpet scraps to incoming freshmen on the move-in day during the fall. By his senior year, he had 10 universities under contract.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2019 |
Asset |
Estimated value of Eric Lefkosky's newest company, Tempus which is a Chicago-based genomic testing and data analysis company |
$3,100,000,000 |
2019 |
Asset |
Estimated value of Eric Lefkosky's 82,955,263 equities in Groupon Inc (GRPN) Discount Stores |
$265,460,000 |
2018 |
Salary |
Total calculated compensation as the Chairman of the Board of Groupon, Inc. |
$300,000 |
2017 |
Sale of Asset |
Sale of Eric Lefkosky's six-bedroom, 11,029-square-foot mansion and estate in Glencoe |
$5,180,000 |
2015 |
Earning Turned Donation |
Donation to the Lurie Cancer Center for Oncology Research |
$1,000,000 |
2015 |
Asset |
Purchase value of Eric Lefkosky's vintage, 15,800-square-foot mansion on 4 acres on Lake Michigan in Glencoe, Illinois |
$19,500,000 |
2014 |
Earning Turned Donation |
Donation of the Lefkofsky Family Foundation to the Success Project that will be run by the University of Chicago's Urban Education |
$2,000,000 |
2013 |
Asset |
Money raised from the Angel Round of Groupon |
$1,000,000 |
2013 |
Bonus |
Bonus as the CEO of the Chicago-based daily deals company, Groupon |
$500,000 |
2011 |
Asset |
Money raised from his last company, the Chicago-based coupons site Groupon, from various investors, |
$950,000,000 |
2010 |
Asset |
Purchase value of Eric Lefkosky's 0.29-acre property at the rear of their estate in Glencoe |
$630,000 |
2007 |
Asset |
Money raised from the Series A of Reverb.com |
$2,300,000 |
2003 |
Asset |
Purchase value of Eric Lefkosky's six-bedroom, 11,029-square-foot mansion and estate in Glencoe |
$1,530,000 |