Yelp, one of the most popular local business listing sites, was co-founded by Jeremy Stoppelman. He is currently the CEO of the company. He made headlines in 2010 when he turned down Google’s offer to buy the company, and two years later made the company public by listing it on the stock exchange.
Quick Facts
| celebrated name: | Jeremy Stoppelman |
|---|---|
| Real name/Full name: | Jeremy Stoppelman |
| Sex: | Male |
| Age: | 44 years old |
| Date of birth: | Nov 10, 1977 |
| Birthplace: | Arlington County, Virginia, United States |
| Nationality: | American |
| Height: | 1.78 m |
| Weight: | 72 kg |
| Sexual orientation: | Straight ahead |
| Marital status: | Only |
| Wife/husband (name): | N/A |
| Children: | N/A |
| Profession: | American businessman |
| Net worth in 2022: | $300 million |
Jeremy Stoppelman Biography
Jeremy Stoppelman was born on November 10, 1977 in Virginia, United States. He is a Jewish American. His mother was a teacher and his father was a security lawyer. In 1999, Jeremy received his bachelor’s degree in computer engineering from the University of Illinois. He later attended Harvard Business School for a year. Jeremy is still single and in a relationship with Kelcey Morton, who is also a techie.
Jeremy Stoppelman Age, height, weight
Jeremy Stoppelman was born on November 10, 1977, he is 44 years old as of 2022. His height is 1.78 m and he weighs 72 kg.
Career
Jeremy’s interest in computers and business dates back to his adolescence. When he was 14 years old, he started investing in stocks. He had always wanted to work as a game developer. He started his professional career at Home Network and then moved to X.com, which is now known as PayPal. It was here that he met Max Levchin, who later became a major investor in Yelp. Jeremy rose to Vice President of Engineering at Paypal before leaving the company when it was acquired by eBay in 2003.
In the summer of 2004, while struggling to find a recommendation for a local doctor, he came up with the idea for Yelp. This is when he teamed up with his former PayPal colleague Russel Simmons to create Yelp, which will provide users with recommendations from local businesses. Max Levchin provided initial funding of $1 million and the company has since grown to a net worth of $4 billion. In 2010, it was Steve Jobs who persuaded Jeremy to reject Google’s takeover offer.
Jeremy Stoppelman Achievements and Awards
Jeremy’s most notable achievement is co-founding a multi-billion dollar company. The company had only 30 employees in 2010, but annual sales were approximately $30 billion. Another turning point in his life came when he boldly turned down Google’s multi-billion dollar offer to buy the company. Jeremy was the Vice President of Engineering at PayPal. He is known for his innovative management style, where he sits among his employees rather than in a remote office.
Jeremy Stoppelman’s Net Worth in 2022
The net worth of Jeremy Stoppelman is estimated to be over $300 million as of July 2022. His first source of income was his job as Vice President of Engineering at PayPal. However, his ultimate source of wealth is the company he co-founded, in which he owns 11% of the shares. He receives no compensation for his role as CEO of the company.
Jeremy Stoppelman wants Yelp to be more than just a local business recommendation site. Under his leadership, the company has already acquired a number of different companies and they are also investing in various related businesses such as online food ordering services, restaurant reservations and so on. His vast experience and management style will no doubt propel Yelp to new heights of success in the years to come.