Who Is Marc Lore? Age, Biography and Wiki
Marc Lore was born on May 16, 1971, making him 53 years old in 2025. An American entrepreneur known for his significant contributions to the e-commerce sector, Marc gained recognition as the founder of companies such as Diapers.com and Jet.com. His innovative approach to online retail has established him as a prominent figure in the business world. You can read more about his early life and career on his Wikipedia page.
| Occupation | Entrepreneur |
|---|---|
| Date of Birth | May 16, 1971 |
| Age | 54 Years |
| Birth Place | New York City, US |
| Horoscope | Taurus |
| Country | U.S |
Popularity
Marc Lore's Popularity over time
Height, Weight & Measurements
As of 2025, Marc Lore stands at approximately 6 feet tall (183 cm) and weighs around 180 pounds (82 kg). While specific body measurements are not publicly disclosed, his athletic build speaks to his active lifestyle.
Family, Dating & Relationship Status
In terms of his personal life, Marc Lore maintains a relatively private profile. As of 2025, it is reported that he is in a committed relationship, though details about his boyfriend remain largely undisclosed. Previously, he has been known to cherish his family connections and often attributes his success to the support of his loved ones.
His mother was a body builder and personal trainer. During the late 1980s she trained model and actress Julianne Phillips who was Bruce Springsteen's wife at the time. Lore's father started a computer consulting company, Chadmarc Systems, named after his two sons.
Net Worth and Salary
Marc Lore's ventures have led to substantial financial success. As of 2025, his net worth is estimated to range between $400 million to $500 million. This wealth predominantly stems from the lucrative sale of Jet.com to Walmart and his involvement in various startups and partnerships, indicating his broad investment portfolio.
In 2014, Lore founded the eCommerce company Jet with Nate Faust and Mike Hanrahan. Lore was CEO and in November 2014, Jet launched a campaign offering stock options to users, generating word-of-mouth for the company in advance of launch.
In January 2015, Jet was featured in a cover story in Bloomberg Businessweek, in which it was revealed that Jet would be a shopping club in which members would pay an annual fee of $49.99 to access the lowest prices on millions of items; the membership fee was eliminated in October 2015.
Career, Business and Investments
Lore's career is marked by a series of groundbreaking achievements in e-commerce. After co-founding Diapers.com in 2005, which was sold for $550 million, he paved the way for the creation of Jet.com in 2014. The site experienced rapid growth, eventually leading to its acquisition by Walmart for $3.3 billion in 2016. Beyond e-commerce, Marc has engaged in various philanthropic initiatives and investments in technology and health startups, showcasing his commitment to innovation and advancement.
Marc Eric Lore (born May 16, 1971) is an American entrepreneur, businessman, and investor. Lore is founder, chairman, and CEO of the Wonder Group. From 2016 to 2021, he was the president and CEO of Walmart U.S. eCommerce.
Lore was appointed in September 2016 to lead Walmart's e-commerce division when his company Jet.com—an e-commerce website launched in 2014—was acquired by Walmart, Inc. Walmart purchased Jet for $3.3 billion.
Social Network
Marc Lore is active on various social media platforms, where he engages with his audience and shares insights on business and entrepreneurship. You can find him on Twitter and LinkedIn, where he often posts updates about his ventures and industry trends.
The deal became official on July 21, 2021, as the NBA approved Alex Rodriguez and Lore's purchase of the Minnesota Timberwolves. The deal began with a minority share and was designed to incrementally transfer additional shares over three years until majority ownership was established. In 2024, Taylor claimed a delayed payment invalidated the deal.
In 2025, an arbitration panel decided in favor of Lore and Rodriguez, and final transfer awaits approval by the NBA Board of Governors.
Education
Marc Lore holds a Bachelor of Science degree in Political Science from Bucknell University. His educational background laid the foundation for his analytical thinking and strategic planning skills, which have been vital throughout his professional journey.
In conclusion, Marc Lore continues to shape the landscape of e-commerce and entrepreneurial ventures in 2025. His impressive career, personal life, and philanthropic efforts make him a notable figure in the business community.
From fifth until twelfth grade, Lore attended Ranney School in Tinton Falls, New Jersey. In 1989, during his senior year of high school, Lore became the New Jersey State Champ for the 55-meter dash.
