", "Regulators Approve Donovan, MediaBank Merger Into Mediaocean", "Why Groupon Said No To Google's $6 Billion", "Groupon's fall to earth swifter than its fast rise", "Groupon stock surges 20% after Eric Lefkofsky becomes CEO", "Groupon co-founder Eric Lefkofsky finds buyer for sprawling Glencoe mansion", "Groupon CEO Eric Lefkofsky And Wife Are Latest Billionaires To Join The Giving Pledge", "Eric and Liz Lefkofsky pledge half their wealth to charity: They sign the Buffett-Gates Giving Pledge", "A Plan for Economic Growth and Jobs | World Business Chicago | Economic Development, Chicago, Illinois", "About | Eric Lefkofsky - Entrepreneur & Professor", "A Drink With Eric Lefkofsky, CEO of Groupon, Founder of Lightbank", https://en.wikipedia.org/w/index.php?title=Eric_Lefkofsky&oldid=1149920865, Short description is different from Wikidata, Articles with a promotional tone from October 2017, Articles with unsourced statements from October 2017, All articles with vague or ambiguous time, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 15 April 2023, at 08:05. Donald Trumps real net worth? Tempus, on its own or with a research partner, has published fewer than 20 peer-reviewed manuscripts since its founding four years ago. Name Address Phone; Eric P Lefkofsky, age 52: 6208 Forest Grv, West Bloomfield, MI 48322 (248) 661-6847: . In August 2006, the company went public with an initial public offering. The offer was turned down, possibly due to anti-trust and regulatory scrutiny the deal might face. The 49-year-old has launched five companies worth at least $250 million apiece, each promising to transform an industry by using big data. [11][8][10], In 1993, after law school, Lefkovsky and a college friend, Brad Keywell, borrowed money from relatives to buy Brandon Apparel, a clothing company in Madison, Wisconsin. I've basically had five good ideas in 20 years. But their main home remains a $19.5 million, 100-year-old lakefront mansion in the village of Glencoe, Illinois. A year after its 2008 founding, it booked $14.5 million in revenue; in 2011, it generated $1.6 billion. In 2014, Lefkofskys wife, Liz, was diagnosed with breast cancer. This story appears in the August 31, 2019 issue of Forbes Magazine. [12] Lefkofsky served on its board of directors until October 2012. Eric Lefkofsky Phone Numbers & Home Addresses. An earlier owner, Andrew Rosenthal, had attempted to demolish the French Normandy-style mansion in 2002, provoking protests from preservationists. As a result, few details are available about the interior of the mansion. Tempus identifies a mutation in the gene for epidermal growth factor receptor, which causes cells to grow and divide too much. [citation needed] As of October 2021, his net worth was estimated at US$4.1 billion. It was nearly demolished in 2002, when the previous owner threatened to split the lakefront property in two. Gray, a former Lausanne Collegiate School star, was . At Harley-Davidson, a repo shortage is hitting the bottom line, Booth, Kellogg top the U.S. News ranking of best MBA programs, New lawsuit over 'brazen' moves in Maple & Ash restaurant feud, Judge temporarily blocks Illinois' assault weapons ban, A 'ComEd Four' prosecutor finally explains why some executives weren't charged. Mario Schulzke July 28, 2020. 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. Built on the site of an elite private beach club founded in 1930, the developer bought the 9-acre Surf Club site in 2012 for $116 million. The city's per capita homicide rate remains abnormally high and its murder solve rate is among the lowest in the nation, hitting just 36% last year. 1-877-812-1590, Developers' building effort in West Woodlawn attracting buyers fast, New-home buyers still paying pandemic premium, at least on paper, $9 million Palmolive condo has front and back yards in the sky, Sponsored Content: Five steps to begin your digital transformation journey, Outcome Health execs convicted in federal fraud case, The Most Powerful Women In Chicago Business. Ken Griffin, the founder and CEO of Citadel, is the 166th richest person in the world, according to Forbes' 2017 list of billionaires. Chicago, IL 60601 It fronts Lake Michigan. According to Forbes, Lefkofsky is worth $4.2 billion. The purchase, which took place last summer,. This photo shows a rendering of the lobby. 144. The lavish $3.1 billion valuation suggests investors expect his approach to make a big score, starting with cancer, then against chronic conditions like depression and diabetes. Photo by Jeff Sciortino/The Forbes Collection. 2023 Dirt.com, LLC. Lefkofsky, 49, founded Groupon a decade ago and has a net worth of $2.5 billion, according to Forbes. Crain's Chicago Business reported last year on the transaction but did not reveal the identity of the mansion's buyer. [10] He enrolled at the University of Michigan Law School and received his Juris Doctor in 1993. Mundhra met Tamparia when she used her service years ago the matchmaker even put ads in a newspaper to help find suitors. Read More . The Liz and Eric Lefkofsky Arts and Education Center is also home to Steppenwolf's first-ever dedicated education center, The Loft, encompassing the entire fourth floor of the new building. 2 on the list is the $19 million amount that the federal government reaped in 2006 when it sold convicted insurance magnate Mickey Segal's massive Highland Park estate to builder Orren Pickell Designers & Builders, followed by the $17.6 million that Pickell fetched when it sold that same estate the following year to Medline chief operating officer Jim Abrams. [5] He is an early investor in Uptake,[citation needed]and the managing director of Chicago-based venture capital firm Lightbank. The couple built the 11,000-square-foot home in 2008 on a lot they bought five years earlier for a little more than $1.5 million. In 2014, Lefkofsky and his wife set a Chicago-area home purchase price record when they paid $19.5 million in cash through a Delaware limited liability company for a vintage, 15,800-square-foot mansion on 4 acres on Lake Michigan in Glencoe. Can you really know the business value of something so technical as enterprise storage? As for DeGeneres and de Rossi, the couple are staying in Montecito, where they recently shelled out a near-record $49 million for the Cape Dutch-style compound of Dennis Miller and his wife. The 49-year-old has launched five companies worth at least $250 million apiece, each promising to transform an industry by using big data. Get our latest stories in the feed of your favorite networks. Public records do not yet identify the buyer. Tempus Founder and CEO 2015 Lightbank Co-founder & Managing Partner Mar 2010 Groupon Co-Founder Jan 2007 Besides their now Montecito digs, Lefkosky and his longtime wife Liz maintain a packed real estate portfolio that includes a $30.7 million penthouse at Miamis Four Seasons at the Surf Club, designed by venerated architect Richard Meier, and a ski estate in Aspen. Sign up for free Patch newsletters and alerts. Will hit home runs at the NFL level. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Click below to see everything we have to offer. A small San Diego-based UAV startup is signaling that there is a way forward. What Do Jews Bring To The World? In July 2007, New Enterprise Associates invested in MediaBank. Even with that data, Tempus faces stiff competition. In fall 2001, Lefkofsky co-founded InnerWorkings, a firm providing print procurement services for mid-sized companies. The four-bedroom, six-bathroom unit is 6,755 square feet, according to the website, meaning it was purchased for $4,554 per square foot. Its purpose is to advance high-impact initiatives that enhance the quality of human life in the communities they serve. The Lefkofskys could not be reached. Groupon co-founder and Chairman Eric Lefkofsky and his wife, Elizabeth, sold a Glencoe mansion for almost $5.2 million nearly three . Dirt is a part of Penske Media Corporation. The American military is almost wholly reliant on a constellation of 34 Global Positioning Satellites to perform just about any mission. In January 2007, Lefkofsky provided $1 million in funding for ThePoint.com, a collective action website started by ex-InnerWorkings employee Andrew Mason. Season 2023. Sign up for notifications from Insider! All Rights Reserved. STANDISH - James Eric Galipeau, 62, from Standish, died peacefully after a brief illness, surrounded by his loving family on April 26, 2023. He was born on July 31, 1960, in Portland, the son of . Besides their now Montecito digs, Lefkosky and his longtime wife Liz maintain a packed real estate portfolio that includes a $30.7 million penthouse at Miami's Four Seasons at the Surf Club, designed by venerated architect Richard Meier, and a ski estate in Aspen. [19] In October 2011, Groupon [20] raised $950 million in private funding and then paid $810 million to employees and investors. They have three children.[31][32][33]. 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 Leslie Bluhm. Lefkofsky grew up outside of Detroit and went to the University of Michigan for his undergraduate and law degrees. (Liz has been taking it one day at a time, Lefkofsky says.). Over more than a decade, the Lefkofskys assembled their estate property in Glencoe, which is relatively large by Glencoe standards. [25], In 2013, Lefkofsky and his wife joined The Giving Pledge. The architect also will design an interior renovation of the mansion's existing two-car garage, according to the building permit. The buyer is not yet identified in public records of the sale. 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. Lefkofsky serves on Groupon's board, but spends the bulk of his time running Tempus, the healthcare startup he founded that uses data to improve cancer treatment. 9 Walton. In December 2010, Google offered a reported $6 billion for Groupon. [5] (E. Jason Wambsgans / Chicago Tribune). (Noe Favela). Access your favorite topics in a personalized feed while you're on the go. They paid $630,000 in 2010 for a second piece of land, according to the Cook County recorder of deeds. Mundhra eventually rejected the process and forged a "love marriage . Lefkofsky, 45, cofounded Chicago-based marketing execution firm InnerWorkings in 2001 and then started several other companies before cofounding Groupon under its previous name, ThePoint.com, in 2007. We want to hear from you! [citation needed]. 2023 Forbes Media LLC. So far the 700-employee company has raised $520 million (Lefkofsky put in $100 million). The mansion was built by noted architect Howard Van Doren Shaw in 1917. In. The expansion will reportedly cost $697,000. Vistex CEO Sanjay Shah's recent $17 million purchase of the top-floor penthouse unit in the Trump International Hotel & Tower, Pickell's $16 million purchase of a Lake Bluff estate in 2007, Billionaire Citadel founder Ken Griffin's $15 million purchase of a full-floor penthouse condo in the Park Tower in 2012, Billionaire J.B. Pritzker's $14.5 million purchase of a Gold Coast mansion in 2006, Griffin's $13.3 million purchase last year of a condo in the Waldorf Astoria building, John B. Harris' $13 million purchase of a Gold Coast mansion. Here Now, the Priciest Home Sale in the Chicago Area Ever [Curbed Chicago], recent sale of the large raw penthouse in the Trump Tower, Groupon co-founder pays $19.5 million for Glencoe mansion, Here Now, the Priciest Home Sale in the Chicago Area Ever, Cubs player Jason Kipnis buys $2.8 million mansion in Old Town, Actress Sophia Bush sells lofty West Loop penthouse for $1.97M, Dallas Keuchel, new pitcher for Chicago White Sox, buys $2 million house in Lakeview, Blackhawks goalie Corey Crawford drops $4.1M on West Loop condo, Blackhawks captain Jonathan Toews sells Gold Coast condo for $6.95M, Ex-Bear Brandon Marshallsells Michigan Avenue penthouse for a loss. But precision medicine is a nascent field. The six-bedroom house "is reminiscent of a Hamptons classic and is the ultimate in casual luxury," according to Wexler's listing. 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, University of Chicago Booth School of Business, "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 served previously as the company's CEO. Eric and a longtime business collaborator named Brad Keywell were angel investors in the daily deal site Groupon in 2008. In February 2005, Lefkofsky and Keywell created a freight logistics company, Echo Global Logistics. [8] After graduating from Southfield-Lathrup High School in 1987,[9] he attended the University of Michigan and graduated with honors in 1991. Awesome selection as a lightning option to Breece Hall. That's 20 percent off the $6.49 million they were asking for the Grove Street property when they listed it on the open market in February 2016 after their agent shopped it as a pocket listing for several months. Suite 3200 an adjunct professor at the University of Chicago Booth School of Business, teaching a course on entrepreneurship and building technology-based businesses.[30].