Yelp, one of the most popular local business listing sites, was co-founded by Jeremy Stoppelman. He currently serves as the company’s CEO. He made headlines in 2010 when he turned down Google’s offer to buy the company, and two years later, he took the company public by listing it on the stock exchange.
Quick Facts
| Celebrated Name: | Jeremy Stoppelman |
|---|---|
| Real Name/Full Name: | Jeremy Stoppelman |
| Gender: | Male |
| Age: | 46 years old |
| Birth Date: | 10 November 1977 |
| Birth Place: | Arlington County, Virginia, United States |
| Nationality: | American |
| Height: | 1.78 m |
| Weight: | 72 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Single |
| Wife/Spouse (Name): | N/A |
| Children: | N/A |
| Profession: | American business executive |
| Net Worth in 2024: | $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 attorney. 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 is dating Kelcey Morton, who is also a techie.
Jeremy Stoppelman Age, Height, Weight
Jeremy Stoppelman was born on November 10, 1977, He is 46 years old as of 2024. 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 began investing in stocks. He had always wanted to work as a game developer. He began his professional career at Home Network, then moved on to X.com, which is now known as PayPal. This is where he met Max Levchin, who later became a major investor in Yelp. Jeremy rose to the position of Vice President of Engineering at Paypal before leaving the company when it was acquired by eBay in 2003.
When he was struggling to find a recommendation for a local doctor in the summer of 2004, he had the idea for Yelp. This is when he collaborated with his former PayPal colleague Russel Simmons to create Yelp, which will provide users with recommendations of local businesses. Max Levchin provided the 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 decline Google’s acquisition offer.
Jeremy Stoppelman Achievements and Awards
Jeremy’s most notable accomplishment is that he co-founded a multibillion-dollar corporation. The company had only 30 employees in 2010, but its annual revenue was around $30 billion. Another watershed moment in his life came when he boldly turned down Google’s billion-dollar offer to buy the company. Jeremy was the Vice President of Engineering at PayPal. He has been recognized for his innovative management style, in which he sits among his employees rather than in a remote office.
Jeremy Stoppelman’s Net Worth in 2024
Jeremy Stoppelman’s net worth is estimated to be more than $300 million as of February 2024. His first source of income was his job as Vice President of Engineering at PayPal. His ultimate source of wealth, however, is the company he co-founded, in which he owns 11% of the stock. He does not receive any 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 few diverse 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 undoubtedly propel Yelp to new heights of success in the coming years.
