#322

Tobi Lutke

Canada 45 years old Self-Made

Overview

Source of Wealth
E-commerce
Industry
Technology
Residence
Toronto, Ontario
Marital Status
Married
Children
3

Assets

  • Coinbase Global
    220,000 shares @ -
    -
    COIN-US
  • Shopify
    79,550,132 shares @ -
    -
    SHOP-US
  • Shopify
    373,000 shares @ -
    -
    SHOP-US
  • Shopify
    0 shares @ -
    -
    SHOP-US

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.

About

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.