Rank #345
Tobi Lutke
Net worth $9.9B
E-commerce · Canada
- Born
- Jul 16, 1980
- Age
- 45
- Source
- E-commerce
- Residence
- Toronto, Ontario
- Citizenship
- Canada
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Tobi Lutke is the cofounder and CEO of Shopify, a Canadian e-commerce firm that helps companies set up and run online stores.
- He owns about 6% of Shopify, which went public in 2015.
- Shopify generated nearly $9 billion in 2024 revenue; it is used by some two million businesses, including Kylie Cosmetics, Allbirds and Gymshark.
- Lutke grew up in Germany, where he learned to code by age 12 and left school at 16 to enter a computer programming apprenticeship.
- He began developing the e-commerce platform after he and a friend tried to open an online snowboard shop but couldn't find decent software.
- Lutke has said most Shopify employees will continue to work remotely after the pandemic is over.
- He moved to Canada in 2003 after meeting his now-wife, an Ottawa native, on a snowboarding trip to Whistler.
Financial assets
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