Billionaire Profile
Eric Lefkofsky
Global Rank
#845

Image: Markdesky | CC BY-SA 4.0 | via Wikimedia Commons

Eric Lefkofsky

CEO, Groupon
UNITED STATES
Real-Time Net Worth
$4.984B
Estimated based on Groupon stock value as of March 6, 2026
+1.55% (24h)
Age
56
Source
Groupon, investments
Industry
Technology
Citizenship
UNITED STATES

Biography

Eric Lefkofsky is an American billionaire businessman, serial entrepreneur, and philanthropist. He is best known as the co-founder of Groupon, a pioneer in the daily deals market. His source of wealth stems from Groupon and his investments. Lefkofsky is currently the CEO and founder of Tempus AI, a health technology company that leverages data and AI to improve cancer treatment. He has a career spanning various successful ventures, including co-founding InnerWorkings, Echo Global Logistics, and Lightbank, a venture capital firm. He is a graduate of the University of Michigan, holding both a bachelor's degree and a Juris Doctor. Lefkofsky's estimated net worth is $4.4 billion as of October 2024. He is married and has three children.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Eric Lefkofsky was born on September 2, 1969, in West Bloomfield, Michigan. He attended Southfield-Lathrup High School, graduating in 1987. He then went on to the University of Michigan, where he earned a bachelor's degree with honors in 1991 and a Juris Doctor in 1993.

Rise to Success

After graduating from law school in 1993, Lefkofsky began his entrepreneurial journey. He co-founded Brandon Apparel, a clothing company, with Brad Keywell. In 1999, they created Starbelly.com, an internet company specializing in promotional products, later sold to Halo Industries in 2000. He co-founded InnerWorkings in 2001, a firm that provided print procurement services. InnerWorkings went public in August 2006. In 2005, he co-founded Echo Global Logistics, a freight logistics company that went public in 2006. His biggest success came with the founding of Groupon in 2008 with Andrew Mason and Brad Keywell.

Key Business Strategies

Lefkofsky has a proven track record of identifying opportunities and leveraging technology to disrupt traditional industries. His strategy involves bringing technology to industries that have not had a lot of it. With Groupon, he capitalized on the growing e-commerce market. Later, he founded Tempus AI in 2015, focusing on using data and AI to personalize cancer treatment.

Philanthropy

Lefkofsky, along with his wife Elizabeth, established The Lefkofsky Family Foundation in 2006. The foundation supports initiatives that aim to enhance the quality of human life. In 2013, they joined The Giving Pledge. He is also involved with numerous Chicago-based organizations and serves as a trustee for the Steppenwolf Theatre Company, Lurie Children's Hospital of Chicago, The Art Institute of Chicago, and World Business Chicago.

Career Milestones

1993

Co-founded Brandon Apparel

Launched a clothing company with Brad Keywell.

1999

Founded Starbelly.com

Created an internet company specializing in promotional products.

2001

Co-founded InnerWorkings

Co-founded a print procurement services firm.

2005

Co-founded Echo Global Logistics

Founded a freight logistics company.

2008

Co-founded Groupon

Co-founded the online daily deals site.

2015

Founded Tempus AI

Founded a health technology company focused on personalized cancer treatment.

Philanthropy & Social Impact

General Philanthropy

The Lefkofsky Family Foundation

Undisclosed

Supports initiatives that enhance the quality of human life.

Business Philosophy & Leadership

Notable Quotes

""In my adult life, I've started five companies. I've basically had five good ideas in 20 years.""

""Tempus is attempting to bring the power of artificial intelligence to healthcare. The first step in all that is data.""

Leadership Principles

Focus on Data

Lefkofsky emphasizes the importance of data-driven decision-making in all his ventures.

Rapid Innovation

He is known for experimenting with different ideas and quickly letting go of those that don't work.

Bringing Technology to Traditional Industries

Lefkofsky's strategy has consistently focused on integrating technology into sectors that lack it.

Controversies & Challenges

2011

Lawsuit allegations involving InnerWorkings

InnerWorkings was sued by Sports Publishing LLC. The suit accused Lefkofsky of fraudulent billing practices. The suit was later withdrawn, and InnerWorkings countersued.