Eric Lefkofsky Uses His Fortune To Improve The World

Eric Lefkofsky is a self made billionaire with a net worth of nearly $1.7 billion. This puts him within the top 500 wealthiest billionaires in the United States. He is most famous for being the chairman of Groupon and for his many Internet ventures early on in life. Uptake is also a notable project, eventually being valued at over $1.1 billion. Echo Global Logistics is a supply chain management company that he started in 2005 and it currently has over $1.5 billion in revenue. Media Ocean is an advertising company that earns over $200 million per year. He started learning business from a small carpet selling business that he started during his college days. Lefkofsky eventually went on into technology based businesses after he finished college.


Eric Lefkofsky was boring in Detroit, Michigan on September 2, 1969. His father was structural engineer and his mother a public school teacher. He went to Southfield-Lathrup High School until his graduation in 1987. He then started working on his Bachelor of Arts at the University of Michigan. He studied until he became a Doctor of Jurisprudence from the University of Michigan Law School in 1993.


Eric was replaced by Rich Williams as the head of Groupon. Since then, his life has mostly been involved with his anthropological projects. Eric Lefkofsky, along with his wife Liz, started the Lefkofsky Family Foundation in 2006. They aim to tackle important issues like worldwide access quality education, Improving fundamental human rights in developing countries, increasing the efficiency of medical research and to preserve cultures.


His wife Liz, as well as other members of her family, have been personally affected by cancer. Because of this, their foundation has put a lot of emphasis in the fight against cancer. The LFF has issued many grants that have mostly went towards cancer research. Many of these grants were between $100,000 and $1 million. In 2015, they donated $250,000 to Weill Cornell Medicine for their research in breast cancer. They also made headlines when they donated $1 million towards research projects at the Lurie Cancer Center for Oncology Research. They even gave $1.2 million to University of Michigan’s cancer research program. They continue to seek more partners and their data helps to continually adapt their database.


Eric Lefkofsky is the Co-Founder of the medical analytical software company Tempus. Tempus aims to increase cancer treatment plans by keeping a genetic database that compares patients to results from clinical trials. The database primarily deals with breast, lung, and pancreatic cancers for the time being. The startup is based in Chicago and they have a large 20,000 square foot lab at their headquarters. Their primary partner is the Northwestern University’ Cancer Research Center. They also recently partnered with Rush University Medical Center in October of this year.


Tempus currently has over 100 employees with most of them being PHD holders. Dr. Kevin White is the current President of the company and handles overseeing their scientific operations. Dr. Jonathan Silverstein is their Chief Medical Informatics Officer. Dr. Arul Chinnaiyan is currently their Scientific Adviser. They are currently recruiting for a myriad number of job positions on their main website.

More here: Accelerated Disruption by Eric Lefkofsky