Jeremy Stoppelman is a successful entrepreneur and CEO known for co-founding and leading the popular online review platform, Yelp. With a background in computer science and a passion for business, Stoppelman has made a name for himself in the tech industry.
Jeremy Stoppelman’s net worth
Although he remains a very private individual, Jeremy Stoppelman’s net worth is estimated at around $300 million by multiple sources. Most of his net worth comes from his equity in Yelp, a company he co-founded.
General info about Jeremy Stoppelman
Net Worth | $300 million |
Full name | Jeremy Stoppelman |
Known as | Jeremy Stoppelman |
Date of Birth | September 20th, 1977 |
Place of Birth | Arlington, Virginia, United States |
Height | 5’8″ (1.70 m) |
Nationality | American |
Education | Computer Science, University of Illinois |
Profession | Entrepreneur, CEO |
What is Jeremy Stoppelman’s salary?
As the CEO of Yelp, Jeremy Stoppelman’s salary is quite substantial. Stoppelman’s total compensation as the Chief Executive Officer at Yelp was $10,076,821 in 2021. This included a salary of $1, stock options worth $10,027,200, and other compensation totaling $49,620.
These figures demonstrate the significant earning potential of a top executive in the tech industry, and his leadership and expertise have likely played an essential role in his financial success.
What made Jeremy Stoppelman famous?
Jeremy Stoppelman rose to fame as the co-founder and CEO of Yelp, an online review platform that allows users to rate and review local businesses. Under Stoppelman’s leadership, Yelp has become a household name and a go-to resource for consumers looking for recommendations for local companies.
How Jeremy Stoppelman Made His Fortune
Jeremy Stoppelman’s fortune was largely made through his role as the co-founder and CEO of Yelp, an online review platform for local businesses. His journey to starting Yelp began in the early 2000s when he accepted a position as an engineer at X.com, which later became PayPal. At PayPal, Stoppelman met businessman Max Levchin, who later became an investor in Yelp.
In the summer of 2004, Stoppelman fell ill with the flu and had difficulty finding recommendations for a local doctor. With his former PayPal colleague, Russel Simmons, Stoppelman began brainstorming ideas for an online community where users could share recommendations for local services. They pitched the idea to Levchin, who provided $1 million in initial funding.
With Levchin’s support and Stoppelman’s leadership, Yelp grew rapidly and became a significant player in the online review industry. The company’s market capitalization reached $4 billion at one point, and Stoppelman’s vision and dedication have played a significant role in its success.
In addition to his work at Yelp, Stoppelman is also a board member at eBay and has made a name for himself as a successful entrepreneur and CEO in the tech industry.
Family and relationship
Partner | Kelcey Morton |
Father | John |
Mother | Lynn |
Siblings | Randi, Donna, Arielle |
Children | Maxima “Max”, August |
Jeremy Stoppelman was born in Arlington, Virginia, in 1977 to parents Lynn and John. His mother was an English teacher, and his father was a securities lawyer.
In his personal life, Stoppelman is currently in a relationship with Kelcey Morton, a Senior Business Intelligence Analyst at HackerOne. He also has two brothers, one of whom, Michael, is the Vice President in charge of engineering at Yelp.
Stoppelman’s older brother Andy tragically passed away suddenly just before his high school graduation due to a rare heart condition. This event significantly impacted Stoppelman and motivated him to make the most of life.
Early Life and Education
Stoppelman is Jewish and had his Bar Mitzvah while attending Langley High School and a Reform temple during his childhood. Stoppelman was interested in computers and business from a young age and even started investing in stocks at 14. He also had a passion for video game development and took programming classes where he learned Turbo Pascal.
After completing his studies at the University of Illinois at Urbana-Champaign with a bachelor’s degree in computer engineering, Stoppelman took a job at @Home Network.
Interesting facts
In addition to his successful career as CEO and co-founder of Yelp, some interesting facts about Jeremy Stoppelman are worth mentioning. Here are a few examples:
- Jeremy was inspired to start Yelp after experiencing a frustrating experience trying to find a doctor in San Francisco.
- In addition to his role as CEO of Yelp, Stoppelman is also a member of the board of directors at eBay.
- He rejected Google’s offer to acquire Yelp because he wanted the company to remain independent and focus on growing.
- Stoppelman, along with Salesforce.com founder Marc Benioff, is a significant donor to the UCSF Children’s Hospital, known as the “connected hospital” due to its use of cloud technology. He attended a recent UCSF fundraising event with will.i.am, MC Hammer, and Colin Powell.
Notable Achievements
Jeremy Stoppelman has achieved numerous notable accomplishments in his career as an entrepreneur and CEO. His most notable achievement is co-founding and leading the successful online review platform, Yelp.
Stoppelman’s leadership and vision for the company have contributed significantly to its growth and success, making it a significant player in the online review industry.
Getting to Know Jeremy Stoppelman
To learn more about Jeremy Stoppelman and his career, you can read interviews and articles featuring him in publications such as Forbes, TechCrunch, and Business Insider. Additionally, you might find the documentary “Billion Dollar Bully,” which speaks about unfair practices by Yelp.
Final word
Jeremy Stoppelman is a successful entrepreneur and CEO known for co-founding and leading the popular online review platform, Yelp. His current net worth is estimated to be around $300 million. With a background in computer science and a passion for business, he has made a significant impact in the tech industry and achieved notable success and recognition for his work.
Despite his fame and fortune, Stoppelman remains a private individual, and not much is publicly known about his personal life and relationships. However, his professional achievements and contributions to the tech industry speak for themselves, and he continues to be influential in the world of business and technology.