Eric Lefkofsky Net Worth
Eric Lefkofsky Net Worth: Eric Lefkofsky is an American entrepreneur who has a net worth of $1.7 billion. Eric Lefkofsky was born September 13, 1969 in Detroit, Michigan. He is best known as cofounder and CEO of Groupon and Lightbank as well as founder and director of InnerWorkings, Inc., Echo Global Logistics, Inc. and Mediaocean. He is most widely known for his part in launching Groupon, a 'daily deal' website which gave birth to an entirely new form of commerce. In 2010, it was expanded internationally, taking the company into 48 countries across the globe in less than two years. In December 2010, Google offered a reported $6 billion for Groupon, but the offer was turned down, possibly due to anti-trust and regulatory scrutiny the deal might face. In October 2011, Groupon raised $950 million in private funding then paid $810 million to employees and investors; Lefkofsky and family were paid $398 million of these funds. In November 2011, Groupon's IPO was the biggest by a U.S. web company since Google, raising $700 million at $20 per share. In August 2013, Lefkofsky became CEO of Groupon. In March 2011, Forbes named Eric Lefkofsky one of 2011's new billionaires. Lefkofsky is on the board of directors at Children's Memorial Hospital in Chicago, the board of directors of The Art Institute of Chicago, the board of directors of The Museum of Science and Industry and is a Trustee of Steppenwolf Theatre Company, a Chicago-based performing arts institution. He is a board member of World Business Chicago and also serves as co-chairman of its Technology Council. In May 2008, Lefkofsky joined the committee to bring the 2016 Summer Olympics to Chicago.