He is also Chairman of the Board of Trustees of Chicagos Steppenwolf Theatre Company. [citation needed]. It certainly feels like my entire career has led to this point, Lefkofsky says. Eric Paul Lefkofsky (born September 2, 1969)[2] is an American billionaire businessman. That seems a bit light. In 2006, the couple established the Lefkofsky Family Foundation, which focuses on education, human rights . To achieve this mission, the Foundation strives to: ensure access to quality education; improve fundamental human rights; propel innovative medical research; and expand cultural initiatives. We recognize that perhaps our greatest accomplishment with the exception of the kids we raise will come not from businesses we started, but from the help we provide to people and causes around the world., The brainchild of ultra-rich business-philanthropists Warren Buffett and Bill and Melinda Gates, the pledge is described as a commitment by the worlds wealthiest individuals and families to dedicate the majority of their wealth to philanthropy.. Its time to focus. We could allocate another $80 billion (doubling the budget) towards working with individuals from disadvantaged communities, as well as providing job training and other opportunities to individuals who are already in the prison system, still leaving us with $790 billion to go. Its time to double down. In August 2014 the pair bought a lakefront estate, also in Glencoe, for $19.5 million. In 2016, Lefkofsky founded Tempus,[24] a technology company that enables physicians to deliver personalized cancer care, and serves as its CEO. The Lefkofsky Family Foundation is a private charitable foundation that was established in 2006 by Liz and Eric Lefkofsky. One of Lefkofskys hires, Andrew Mason, pitched an idea for a business focused on collective action. Lefkofsky invested $1 million in what became Groupon. Even if we assume conservative GDP lifts for the above, you probably pick up $500-600 billion annually, which means were left trying to spend the extra trillion dollars we saved by improving our healthcare system and controlling diseases such as cancer. Lefkofsky wont reveal revenues, but says it gets seven-figure fees from seven of the ten largest cancer drug companies. In July 2014, Lefkofsky was an early investor in Uptake, LLC, an analytics company[citation needed]. The donation will be funded through the Lefkofsky Family Foundation. The firm was sold to Halo Industries in January 2000, with Lefkofsky joining Halo as chief operating officer. In the last century, every generation, emboldened by a disrupting technology, can lay claim to a monumental achievement that changed the way we live from curing polio to landing a man on the moon. For more information on Eric Lefkofsky, visit: http://www.lefkofsky.com, Eric Lefkofsky -- LinkedIn: https://www.linkedin.com/in/ericlefkofsky, Eric Lefkofsky (@lefkofsky) -- Twitter: https://twitter.com/lefkofsky, Image Available: http://www.marketwire.com/library/MwGo/2015/10/29/11G069766/Images/mw1a2qnafvs102rmb2lrcc7u1nsu2-891422067482.jpg, Sign up for Yahoo Lifes daily newsletter, https://www.linkedin.com/in/ericlefkofsky, http://www.marketwire.com/library/MwGo/2015/10/29/11G069766/Images/mw1a2qnafvs102rmb2lrcc7u1nsu2-891422067482.jpg, Women who had ovarian cysts share their stories, Why 'Love Is Blind' star Deepti Vempati didn't talk about her eating disorder with her family, Christina Aguilera says stigma 'that it's shameful to get older' in the public eye makes her 'really sad'. Founder and Co-Managing Partner . Eric Paul Lefkofsky (born September 2, 1969) is an American billionaire businessman. I was exhausted., Do Not Sell/Share My Personal Information. Bob Goldsborough is a freelance reporter. He can shoot it., Justin Steele and 6 Chicago Cubs relievers combine for the 1st spring training no-hitter in franchise history, Leah Palmer experiences grand time as Geneva grinds out victory in Class 4A third-place game. He one of the Richest who was born in United States. Alec Baldwin and wife Hilaria visit private NYC club Zero Bond for a poker night hours after star was formally . In August 2006, the company went public with an initial public offering. Wexler did not immediately respond to a request for comment. The Indonesian-inspired main house offers walls of glass with spectacular ocean views, and the front door opens into a vast great room accented by a ceiling hewn from truckloads of rare wood. Because as you can see, if we win this battle, we win the entire war. Mr. Walter is one of our former directors. Join NVIDIA at AWS Innovate to learn how to train and deploy your deep learning models. On this Wikipedia the language links are at the top of the page across from the article title. CHICAGO, IL-- (Marketwired - October 20, 2015) - Eric Lefkofsky, CEO and Co-founder of Groupon, and his wife Liz have donated $500,000 to Stanford University from their private charitable. The sale price inched past a Glencoe home that sold for $5.15 million in April to become the second-highest sale price of the year so far in the Chicago area, as well as the highest-priced sale in Glencoe. We stand at the crossroads of two transformative advances in science. This marks the first time the agency has used a genomic profile rather than an anatomical tumor type (i.e. They have three children.[31][32][33]. Lefkofsky co-founded Groupon, is a trustee of many marquee Chicago institutions and co-manages the Midwest VC firm Lightbank, which is currently looking to raise $250 million for its third fund,. After law school, in 1993, he and a college friend, Brad Keywell, borrowed money from relatives to buy Brandon Apparel, a clothing company in Madison, Wisconsin.. Eric Paul Lefkofsky (born September 2, 1969) is an American billionaire businessman. And while up until now we were powerless to combat illnesses such as cancer, overwhelmed by its complexity, we now have for the first time, the tools we need to peer inside the body and understand what makes us healthy and what makes us sick. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. In April 2010, Digital Sky Technology and Battery Ventures invested $135 million in Groupon at a valuation of $1.35 billion. [21] In August 2013, Lefkofsky became CEO of Groupon;[22] in November 2016, he stepped down as CEO, resuming his role as Chairman.[23]. That means we are spending roughly a trillion dollars a year that we dont need to be spending. This photo shows a rendering of the lobby. Since its launch in 2011, Exicure (formerly AuraSense Therapeutics) has been developing gene-regulatory and immuno-modulatory therapeutics based on its proprietary 3-D, spherical nucleic acid (SNA) technology. Groupon co-founder and chairman Eric Lefkofsky and his wife, Elizabeth, on Wednesday sold their longtime six-bedroom, 11,029-square-foot mansion and estate in Glencoe for $5.175 million. The foundation has helped fund more than 50 organizations to date. He is a member of famous with the age 53 years old group. In this season of giving, we are inspired by the millions of people across the globe who give what they can in meaningful and significant ways, Melinda Gates said, according to Forbes. American billionaire businessman (born 1969), Lefkofsky, E: "Accelerated Disruption", page 15, Easton Studio Press, 2007, Lefkofsky, E: "Accelerated Disruption", dust jacket, Easton Studio Press, 2007, Learn how and when to remove this template message, "Groupon CEO Eric Lefkofsky the Man Behind $19.5M Home Sale", "Wild and Crazy Self Made Billionaires with Infographic of Entrepreneurs", "Groupon Names Eric Lefkofsky CEO, Shares Rise On Q2 Earnings", "What Does It Mean To Be Jewish Today? He is also an adjunct professor at the University of Chicago. In October 2009, Groupon raised $30 million from Accel Partners and New Enterprise Associates. Eric Lefkofsky: "There Is No Win or Lose. In 2014, Lefkofsky's wife, Liz, was diagnosed with breast cancer. Also learn how He earned most of networth at the age of 51 years old? Click below to see everything we have to offer. [25], In 2013, Lefkofsky and his wife joined The Giving Pledge. Lets start with education. So far the 700-employee company has raised $520 million (Lefkofsky put in $100 million). The cost of genetic sequencing has fallen over one million-fold since 2000, making the technology finally accessible at scale. Through a Delaware corporation, Lefkofsky in August purchased the estate from a trust whose beneficiaries are Chicago-based Equity Group co-president David Helfand and his wife, philanthropist. Last year Swiss drug giant Roche spent $4.3 billion acquiring Foundation Medicine and big data firm Flatiron Health. IP TAKE: The Lefkofskys have stepped up their giving in recent years and have broad philanthropic interests.They are also Giving Pledge signatories, so much more may be on the way. That means we are spending roughly a trillion dollars a year that we dont need to be spending. He is also an adjunct professor at the University of Chicago. CHICAGO, IL-- (Marketwired - October 29, 2015) - Eric Lefkofsky, CEO and Co-founder of Groupon, and his wife Liz have invested in Exicure, a Skokie, IL-based biopharmaceutical company. [17] In late 2008, the site changed its name to Groupon.com. Sometimes I'll work out it in the mornings [but other than that] I'm working non-stop, eating fast. Apr 2, 2021. [15] In 2012, a merger between MediaBank and Donovan Data Systems created Mediaocean in a deal estimated at $1.5 billion.[16]. Google: birth and decline of a great power techno. Net Worth, Age, Height, Wife, Ethnicity and Wiki! While that may seem like a manageable number since its only twelve zeros, its worth looking at the number in its entirety to fully understand its size: $1,000,000,000,000 Its a big number. Lefkofsky was on its board of directors until October 2012. breast or pancreatic cancer) as a criterion in the drug approval process. (JDL Development / E. Jason Wambsgans/Chicago Tribune (inset)), Built in 1953, the house does not significantly resemble how it looked when the Belushi family owned the home. The first of these is our ability to sequence the entire genome of a cancer patient. Eric Lefkofsky is founder and CEO at Tempus. And lets not forget we improved education, helped those living below the poverty line and worked on fixing our prison system along the way. General Partner . For ~$150 billion or so we can bring everyone in this country above the poverty line. Naturally, as one would expect at this price point, the propertys acres of rolling grounds include resort-quality amenities carefully curated gardens, a canopy of ancient oaks, hidden patios and secluded dining areas, a tennis court, and a koi pond. According to the Tribune, he currently serves as a trustee for the Ann & Robert H. Lurie Childrens Hospital of Chicago, the Art Institute of Chicago, Steppenwolf Theater Company, the Museum of Science and Industry and World Business Chicago. In January 2007, Lefkofsky provided $1 million in funding for ThePoint.com, a collective action website started by ex-InnnerWorkings employee Andrew Mason. Currently, Eric serves as the CEO of Tempus, a precision medicine company he founded. His net worth has been growing significantly in 2021-2022. It certainly feels like my entire career has led to this point, he says. We believe this represents the future of cancer care. Public records do not yet identify the buyer. But as he meanders through the Chicago lab of Tempus, his medical startup, he presents an air of expertise.