Eric Lefkofsky, his Charities, and the Success of Tempus

Although Eric Lefkofsky is very much involved in philanthropic activities, much of his attention has been given to creating, buying, and the selling of companies. He is currently worth an estimated $1.65 billion and is still involved in quite a few businesses. His newest startup is called, Tempus. When his wife, Liz, was diagnosed with breast cancer, he realized the doctors needed to research their data on the results of their treatments more carefully.

It was difficult for the doctors and researchers to analyze the results of past treatments, because of the privacy issues related to their patients. So, what Tempus does, is to take the personal information from each file and ensure that the doctors and researchers only analyze files without names or addresses. This allows everyone to share information with one another, making treatment plans for their cancer patients much more targeted for positive results than in the past. Lefkofsky hopes to see research companies, such as, CRISPR use the technology of Tempur in ways that might further their research faster.

Achieving his law degree from the University of Michigan, Mr Lefkofsky worked hard selling carpets as a freshman in college. He and his business partner, Bradley Keywell, borrowed enough money to buy Brandon Apparel, in 1994, but it went under and lawsuits followed. In 1999, they started an internet company called, Starbelly, which they were able to sell for $240 million. Lefkofsky is currently involved with Tempus, Lightbank, Groupon, Uptake Technologies, Mediaocean, Echo Global Logistics, and InnerWorkings. Click here to know more.

Along with his wife Liz, Lefkofsky donates much of his time and money to charitable causes, such as, art, culture, education, early childhood development, science, technology, and human rights. Together, they started a foundation called, the Lefkofsky Family Foundation, which focuses much of their contributions to the Chicago area in which they live. They have a strong urge to contribute to programs and research globally as well.