The former record-holder was Groupon co-founder Eric Lefkofsky's $19.5 million purchase of a Glencoe mansion in 2014. Donald Trumps real net worth? He was born on July 31, 1960, in Portland, the son of . In June 2007, the firm acquired Datatech,[14] a media planning and procurement platform. Assembling data was the first step in Lefkofskys other ventures. Inside Eric Lefkofsky's Balinese-Style Montecito Home By Mae Hamilton January 11, 2021 10:51 am PT Redfin; Jrg Carstensen/picture-alliance/dpa/AP Images;; John Shearer/Invision/AP Seller Ellen DeGeneres, Portia de Rossi Buyer Eric Lefkofsky Location Montecito, Calif. Price $33.3 million Size 9.3 acres with multiple structures Year 2011 Subscribe, Eric Lefkofsky hasnt taken a science class since college. And according to the Tribune, Lefkofsky plans to expand the mansion further. 17 Illinois Billionaires Make Forbes' 2018 List . Sentenced To 60 Years In Prison, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Former Tennessee and Oklahoma running back, Eric Gray was selected by the New York Giants with the fourth round of the 2023 NFL Draft. Tempus is attempting to bring the power of artificial intelligence to healthcare, he says. Photos: Governor JB Pritzker and Mayor Lori Lightfoot at Liz and Eric Lefkofsky Arts and Education Center The $54 million new building is part of Steppenwolf's multi-phase $73 million Building on . A little more than a year later, the company went bankrupt, and the firm faced multiple lawsuits from shareholders, all of which were resolved by 2004. [26][27], 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 a Trustee of Steppenwolf Theatre Company[28] He is a board member of World Business Chicago, and serves as co-chairman of its Technology Council.[29]. Get our latest stories in the feed of your favorite networks. While he remains chairman of the coupon company, he has recently been more focused on the health care data startup Tempus he founded in 2015, which last week announced a total valuation of $2 billion. [19] In October 2011, Groupon [20] raised $950 million in private funding and then paid $810 million to employees and investors. The Surf Club unit, Penthouse 7 in the south tower of the condo hotel at at 9001 Collins Ave. in Surfside, Florida, was purchased through a Delaware-based LLC that shares an address with Tempus' new offices at 600 W. Chicago Ave., The Real Deal reported. [citation needed] As of October 2021, his net worth was estimated at US$4.1 billion. The redevelopment was complete in March 2017 and began attracting numerous notable buyers soon after it began recording closings in May 2017, The Real Deal reported. Can you really know the business value of something so technical as enterprise storage? Lefkofsky, 47, co-founded Chicago-based marketing execution firm InnerWorkings in 2001 and then started several other companies before co-founding Groupon under its previous name, ThePoint.com, in 2007. Tempus hopes to sequence 120,000 genomic samples for doctors this year. Lefkowsky was the co-founder in 2007 of an online site that became Groupon, the deals and coupons site where he is now chairman. 144. Sign up for notifications from Insider! The 49-year-old has launched five companies worth at least $250 million apiece, each promising to transform an industry by using big data. Eric Lefkofsky is the founder and CEO at Tempus, a leading provider of technology enabled precision medicine solutions. The French Normandy-style home is a jaw-dropping 15,800 square feet, complete with a swimming pool and tennis courts. Tempus Founder and CEO 2015 Lightbank Co-founder & Managing Partner Mar 2010 Groupon Co-Founder Jan 2007 The reason is that a subsequent owner added a second story in 2006 and reclad its exterior. 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. Former students remember Southfield-Lathrup High", "Eric Lefkofsky's Groupon Pays Out $43 Million To Add Fashion To His Collection Through Ideeli", "Executive Profile Eric P. Lefkofsky J.D. Billionaire entrepreneur and Groupon cofounder and CEO Eric Lefkofsky has paid $19.5 million in cash for a vintage, 15,800-square-foot mansion on 4-acres on Lake Michigan in Glencoe, the highest-price home purchase in the Chicago-area. In October 2009, Groupon raised $30 million from Accel Partners and New Enterprise Associates. Lefkofsky wont reveal revenues, but says it gets seven-figure fees from seven of the ten largest cancer drug companies. Lefkofsky spent a few years dabbling on other projects, including Uptake (predictive analytics for heavy industry). A doctor treating a patient with lung cancer might send a tumor sample to Tempus for genomic sequencing. In 1976 Eric Lefkofsky went to Southfield-Lathrup High School which he finishied in 1987. Eric Lefkofsky is the Founder and Co-Managing Partner of Lightbank. Holder was convicted of first-degree murder and other charges in the rappers death. He is a founding partner of Lightbank, a venture fund investing in disruptive technologies. BILL PESCATELLO. Electric burner who's subtly elusive. Tempus is predicated on the theory that information, lots of it, will enable doctors to personalize cancer treatments and make them more effective. Read More . I think they were a little baffled by the amount of data that came back [from Tempus],McPherson says. 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 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. 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Holder Jr. Features in the mansion include nine full baths, two half baths, an open floor plan, a two-story paneled library, an indoor spa, a large screened porch, a sport court, an exercise room and a movie theater. With the help of Studio Gang Architects, he plans to construct an 800-square-foot addition with a gym and spa. I hope this will be my legacy project.. The architect also will design an interior renovation of the mansion's existing two-car garage, according to the building permit. After the trade, the Jets' odds at Caesars Sportsbook to win the Super Bowl are 14-1, while the Packers' are 50-1. The mansion was not listed in the real estate multiple listing service. He walks past vials of lysis buffer and a $1 million genomic sequencer. 2023 Dirt.com, LLC. In July 2014, Lefkofsky was an early investor in Uptake, LLC, an analytics company[citation needed]. ERIC ONG. In May 2008, Lefkofsky joined the committee to bring the 2016 Summer Olympics to Chicago, Chicago 2016. ", "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. I hope this will be my legacy project., This is a BETA experience. 2023 Dirt.com, LLC. He attended Tamarack Camps as a youth and later worked as a staff member. [citation needed]. He is once again the richest persion in Illinois, with a net worth of $8 billion. Send us a tip using our anonymous form. CMO Dr. @KimLBlackwell. Its purpose is to advance high-impact initiatives that enhance the quality of human life in the communities they serve. While the cost of sequencing has dropped, it still runs $1,000 to $5,000 per analysis, and Tempus loses money doing it. He is the co-founder and Chairman of Groupon (NASDAQ: GRPN), a global e-commerce marketplace, and co . Glenview police blotter: Harwood Heights woman charged with possession of a stolen vehicle, Northbrook blotter: Police investigating robberies of two residences on Chewton Glen, Boston Bruins, after setting NHL records for wins and points, get eliminated in the 1st round with a Game 7 OT loss, Do Not Sell/Share My Personal Information. But as he meanders through the Chicago lab of Tempus, his medical startup, he presents an air of expertise. Now, Lefkofsky is proposing to expand the mansion further. Can really go. The Lefkofskys could not be reached. Get the latest scoop directly in your inbox. 2023 Forbes Media LLC. That purchase made the Lefkofskys' longtime estate in Glencoe expendable. Mario Schulzke July 28, 2020. One of Lefkofskys hires, Andrew Mason, pitched an idea for a business focused on collective action. Lefkofsky invested $1 million in what became Groupon. In November 2007, Easton Studio Press published Lefkofsky's Accelerated Disruption, a book about how technology affects business. Rounding out the top 10 highest-priced residential sales in the Chicago area are: Lefkofsky and Groupon spokesman Bill Roberts declined to respond to repeated requests for comment on the purchase. Last month, Elon Musk signed on to a proposal that companies currently developing artificial intelligence tools pause for at least six months. Panoramic views span from the shores of Santa Barbara to the ruggedly beautiful San Ysidro mountains, though the estate itself remains wondrously secluded, hidden from the public road and neighbors behind big gates and a flowering jungle of subtropical plantings. an adjunct professor at the University of Chicago Booth School of Business, teaching a course on entrepreneurship and building technology-based businesses.[30]. Riskin Partners Group at Village Properties handled both sides of the transaction. North Shore Country Day Takes 10th Place In Illinois Science Olympiad, 9 Winnetka, Glencoe, Northfield Runners Complete 2023 Boston Marathon, Home Invasion Indictment; $9,000 Gift Card Scam: Blotters. Eric Lefkofsky made his fortune from the daily deals site Groupon, which he founded in 2008 with Andrew Mason and longtime business partner Brad Keywell. They also still own a $42.5 million mansion in Beverly Hills, purchased from Adam Levine in 2019, and a modest Montecito condo thats likely a residence for staff or family members. Built in 1953, the house does not significantly resemble how it looked when the Belushi family owned the home. $2.5 billion, according to our most recent tally. The American military is almost wholly reliant on a constellation of 34 Global Positioning Satellites to perform just about any mission. As a result, few details are available about the interior of the mansion. The remodeled Surf Club was designed by Miami-based architecture firm Kobi Karp and Pritzker Architecture Prize-winning architect Richard Meier, who announced a six-month leave of absence from his firm in March after the New York Times published allegations of sexual misconduct against him from five women. Crain's Chicago Business reported last year on the transaction but did not reveal the identity of the mansion's buyer. Eric Lefkofsky is the founder and CEO of Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. The former DeGeneres/de Rossi estate certainly has all the requisite ingredients: the palatial mansion is dressed in a unique, Bali-style design, and the acres of rolling grounds would not look out of place in the glossiest shelter magazines. Season 2023. Glencoe Mansion Sold for Record $19.5 Million . Groupon cofounder and CEOEric Lefkofsky is the mystery buyer of a historic $19.5-million mansion in Glencoe, Illinois, the Chicago Tribune reports. Groupon, headquartered in Chicago, IL, is a global leader of local commerce and the place you. It was nearly demolished in 2002, when the previous owner threatened to split the lakefront property in two. Bachelor of Arts/Science, University of Michigan; Doctor of Jurisprudence, University of Michigan.