Doug Lebda leaves behind a massive net worth after his death in an ATV accident
Doug Lebda was the founder of ‘LendingTree’, who recently passed away recently, find out more about him and his tragic death below.
Dough was renowned in the financial technology world for his innovative mindset and relentless drive and transformed how people shopped for loans online.
Lending Tree Founder and CEO Doug Lebda: Bio, age, family, wife, salary and net worth
Deeply saddened by the passing of Doug Lebda. My thoughts are with his family, friends, and teammates. pic.twitter.com/HUiulPWjTP
— Ric Elias (@RicElias) October 13, 2025
His sudden death has left his loved ones and colleagues in deep shock, and he is remembered as a visionary leader.
Doug Lebda passes away
Doug Lebda is the founder and CEO of LendingTree, who recently passed away on Sunday, October 12, 2025. The company confirmed his death in a statement on Monday. He was 55.
Cause of Death
According to reports, Lebda died in an all-terrain vehicle crash, reportedly at a family property in North Carolina.
Tributes and Condolences
Tributes and condolence messages have since poured in from various sources, including business leaders across the country. Ric Elias, who is the CEO of Red Ventures, called him:
“a formidable competitor whose impact will live on through everyone he inspired.”
Charlotte civic leader Tariq Bokhari recalled how Lebda “was one of the few who truly put Charlotte on the map as a business powerhouse.”
His colleagues have also described him as a determined yet humble leader who believed in empowering others.
RIP @DougLebda 1970-2025
Founder/CEO of LendingTree
BFF and colleague for 20-years
Inspiration for 25-yearsDoug meant so much to so many people in so many ways that he is essentially immortal.
I will miss him so much.
More from me about Doug soon. pic.twitter.com/AJtmL3Njec
— Sean Fenlon (@seanfenlon) October 14, 2025
Doug Lebda Biography and age
Doug Lebda was a renowned businessman and CEO of LendingTree, who was born in Lewisburg, Pennsylvania on 29 January, 1970. He grew up with hard-working parents who were both teachers and showed an entrepreneurial streak from an early age — mowing lawns, selling golf balls, and even running a fireworks business as a teenager. These varied experiences shaped Doug’s business mindset and work ethic.
Education
Doug Lebda graduated from Bucknell University in 1992 with a degree in accounting and business administration and briefly worked as an auditor at PriceWaterhouseCoopers. He later pursued an MBA at the University of Virginia’s Darden School of Business before returning to Darden to complete his MBA in 2014.
Career
Doug Lebda, the chief executive and chairman of LendingTree, an online loans marketplace, died on Sunday following an all-terrain vehicle accident on his family’s North Carolina farm, according to a company spokeswoman. He was 55. pic.twitter.com/2k31yp5IXL
— National Voice (@haapinesisfree) October 14, 2025
Doug Lebda founded Charlotte based LendingTree in 1996 to help people compare loan offers online after his own personal experience of getting frustrated by the mortgage process while buying his first condo. The platform went on to revolutionize lending, connecting millions of consumers to hundreds of banks. LendingTree eventually went public in 2000 and became a major player in fintech, expanding into credit cards, insurance, and small business loans.
He pioneered online loan comparison and was also a minority owner of the Pittsburgh Steelers.
Wife and Children
Doug Lebda leaves behind his wife, Megan, and their three daughters—Rachel, Abby, and Sophia.
“Our hearts are broken, but we are also deeply grateful for the love and support that has poured in from across the world,” Megan Lebda said in a statement after his death.
Net Worth
During the time of his death, Doug Lebda had an estimated net worth of $305 million.
In 2025 his pay was adjusted back upward and the revised compensation package totaled around $2 million, including salary, stock options, and bonuses tied to performance milestones.
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