Tobias Lütke Has More Net Worth Than People Think, How Much Does He Have?

Shabby chic: Lütke is a fan of the flat cap and hoodie look
Shabby chic: Lütke is a fan of the flat cap and hoodie look( Source : co )

Tobias "Tobi" Lütke is the Founder and CEO of Shopify, the largest e-commerce company in Ottawa, Ontario, Canada. Tobi is a multi-billionaire; his Net-Worth is approximately $3.2 Billion. Tobias is also a partner of the core team of the Ruby on Rails framework.

Germany-born Tobias moved to Canada in 2002. He started his first business startup, an online e-commerce company established in 2004, an online snowboard shop Snowdevil with his two partners, Daniel Weinand and Scott Lake. In 2016 he established a new e-commerce platform for his site Shopify. Tobi owns 7% of shares of Shopify, which was launched Public in 2015. Tobi Lütke was named the CEO of the year by The Globe and Mail in November 2014.

Some Quick Facts

Full NameTobias "Tobi" Lütke
Age (As of 2022)41
Date of BirthJuly 16, 1981
Birth PlaceKoblenz, West Germany
NationalityCanadian -German
CitizenshipCanada
Marital StatusMarried
Children3
Net-Worth$3.2 Billion

Some FAQs

What is the Net worth of Tobi Lutke?

Founder and CEO of Shopify, Tobi is a multi-billionaire; his Net-Worth is approximately $3.2 Billion.

What is the birthplace of Tobi Lutke?

Tobi was born in Koblenz, West Germany.

Did Tobi is married?

He is married to Fiona McKean.

Five Facts About Tobi Lütke

Tobi Lütke, chief executive of Shopify.Credit...Earl Wilson/The New York Times
Tobi Lütke, chief executive of Shopify.Credit...Earl Wilson/The New York Times ( Source : nytimes )

1. Bilingual

German-born Lütke can speak two languages, German as well as English. He moved to Canada in 2002, where he also knows Canadian citizens. He started his business in Canada in 2004.

2. Dropped Out of School to Focus On Computer Programming

 At six, his parents brought him a computer; since then, Tobias has been interested in computers. When he was 11 and 12, he started writing the code for the video game he used to play.

Tobias has also interested in computer hardware, making and modifying it. Tobias dropped out his school in 10th grade to enter the apprenticeship program at the Koblenzer Carl Benz School to become a programmer. 

3. His Business Started Out As an Online Snowboard Shop

After Tobias moved to Canada from Germany in 2002, he started an online e-commerce company called Snowdevil, an online snowboard shop, with his partner Daniel Weinand and Scott Lake in 2004. 

4. Tobi Lutke Established a New Online E-Commerce Platform

After the success of his first online e-commerce,  Snowdevil, Luke launched his new e-commerce platform Shopify in 2006.

He owned 7% of the share when it went in public in 2015. He was named the CEO of the year by The Globe and Mail in November 2014.

5. Received a Schneider CPC As a Child

Lutke receives his first computer from his parents. It was Schneider CPC at the age of six, A german brand of the Amstrad Colour Personal Computer distributed by Schneider Rundfunkwerke AG. He was very interested in computers.

Tobi Lutke Career

“Feedback is a gift.” — Tobi Lütke
“Feedback is a gift.” — Tobi Lütke ( Source : tim )

Tobi started his career begin an Entrepreneur in 2002 when he left his birthplace Germany and went to Canada for working purposes. Tobi has been very intelligent since his childhood. He was interested in computers.

At 11 and 12, Tobi learned to rewrite the video game code which plays. He was also interested in computer hardware and software, which he modifies and makes.

In 10th grade, he dropped out of school to enter an apprenticeship program at the Koblenzer Carl Benz School to become a programmer.

In 2004 he started an online e-commerce company called Snowdevil, an online snowboard shop, along with his partners Daniel Weinand and Scott Lake.

Tobi is also a part of the core team of the Ruby on Rails framework, and he has also created an open-source library as the Merchant. After successively running his online e-commerce business, Snowdevil he realized that the online platform is a great source for e-commerce business.

Using Ruby on Rails, he made another e-commerce site Shopify in 2006. Tobi Lütke was named the CEO of the year by The Globe and Mail in November 2014. He also involved in various social work.

Tobi Lutke Net Worth

 success post, we are going to share the story of Tobi Lutke, founder and CEO of Shopify.
success post, we are going to share the story of Tobi Lutke, founder and CEO of Shopify. ( Source : vyapaarjagat )

According to the report, Tobi's net worth is approximately $3.2 Billion. He is the Founder and CEO of Shopify. Also, he is a part of the core team of Ruby on Rails. He owns 7% of Shopify, which went public in 2015.

Tobi Lutke Early Life

founder and CEO of Shopify Image
founder and CEO of Shopify Image ( Source : marketresearchtelecast )

Tobi Lutke Was born on July 16, 1981, in Koblenz, West Germany. His parents presented him with a Schneider CPC, a german brand computer distributed by the Schneider Rundfunkwerke AG when he was six. Lutke's dream is to be a programmer, so Tobi also dropped out of school in grade 10th. In 2002 Lutke moved to Canada. 


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