What Is Tobias Lütke’s Net Worth? (Recent Reports)
|Net Worth||$7.5 Billion|
|Born||July 16, 1981|
|Age||42 years old|
|Birthplace||Koblenz, West Germany|
|Source of Wealth||Investor, Programmer, Founder & CEO of Shopify|
Tobias Lütke is a German entrepreneur, programmer, and investor. His fortune is expected to be $7.5 billion in 2023.
Lütke is Best known as the billionaire founder and CEO of Shopify.
He was a Ruby on Rails core team member and created open-source libraries such as Active Merchant.
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Now that we know his net worth, let’s explore some additional facts about Tobias Lütke…
Tobias Lütke Biography/ Wikipedia/ Wiki
|Real Name||Tobias “Tobi” Lütke|
|Also known as||Tobi Lütke|
|Birth Date||July 16, 1981|
|Age||42 years old|
|Height||5 ft 10 in (1.77 m)|
|Children||Fraser, Sam, and Tristan|
|Net Worth||$7.5 Billion|
|Profession||Investor, Programmer, Founder & CEO of Shopify|
How Was Tobias Lütke’s Early Life And Education?
Tobias “Tobi” Lütke was born on July 16, 1981, in Koblenz, Germany.
At the age of six, he received from his parents a Schneider CPC (German brand of the Amstrad Colour Personal Computer distributed by the Schneider Rundfunkwerke AG).
He started modifying computer hardware and rewriting game code by the age of 11 or 12.
After tenth grade, Lütke dropped out of school and enrolled in an apprenticeship program at the Koblenzer Carl Benz School to become a computer programmer.
In 2002, he relocated from Germany to Canada. Lütke mentions how as a teenager, John Carmack‘s mid-1990s plan files “making a huge impression” on him and were “a master class in systems design.“
How Did Tobias Lütke Start His Career?
Lütke and his partners, Daniel Weinand and Scott Lake founded Snowdevil, an online snowboard shop, in 2004.
Lütke used Ruby on Rails to create a new e-commerce platform for the site.
Soon after, the Snowdevil founders shifted their focus away from snowboards and toward e-commerce, launching Shopify in 2006.
He has a 7% stake in Shopify, which went public in 2015.
Lütke made the largest donation to Team Trees in 2019 with a “For the Lorax” note, giving them $1,000,001.
Lütke donated $1,200,001 to Team Seas in 2021 with the note “For the Lorax… but wet.” making it the fourth-largest donation as of December 14, 2022.
On September 8, 2021, Celtic House Venture Partners, and Lütke announced a $3 million investment in Creative Layer along with current and former top Shopify officials.
Tobias Lütke’s Personal Life
Lutke met his wife Fiona McKean while snowboarding in Ottawa, Canada.
The couple stayed in touch long-distance until McKean finished college in Canada. McKean moved to Germany after graduation to be with Lutke.
But after nearly a year of this, the couple moved to Canada in 2002 and married soon after.
Tobias Lutke and Fiona McKean have three kids; Fraser, Sam, and Tristan.
How Does Tobias Lütke Make Her Money?
His primary sources of income, from which he has earned $7.5 Billion, are as follows:
- Earning as an Entrepreneur
- Earning as an Investor
- Earning as a Programmer
- Earnings as a CEO
Tobias Lütke Social Media Profiles
Major Career Highlight
- Lütke was named “CEO of the Year” by The Globe and Mail in November 2014.
- Lütke was awarded the Meritorious Service Cross in November 2018 for his donations to the growth of the Canadian technology industry.
Tobias Lütke Quotes
“I want Shopify to be a company that sees the next century.”Tobias Lütke
“In my worldview, time is energy that you can invest in things, and money is energy that you can invest. Time has significantly more leverage than money in terms of how much energy you get out of time.”Tobias Lütke
“Given the success rate, if you want to get wealthy, entrepreneurship is a horrible way of doing it. There are significantly easier ways of doing it.”Tobias Lütke
Success Lessons Tobias Lütke
- If you believe something should exist, don’t let anyone stop you from making it.
- Every stage of starting a business is extremely difficult.
Tobias “Tobi” Lütke is the billionaire founder and CEO of Shopify, a Canadian e-commerce company.
I hope Tobias Lütke’s life has provided you with valuable insight and motivation.
As per recent updates, the net worth of Tobias Lütke is $7.5 Billion…!
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Frequently Asked Questions
Here are some of Tobias Lütke’s frequently asked questions, including his age, height, weight, girlfriend, biography, and other details…
Who is Tobias Lütke?
Tobias Lütke is the CEO and co-founder of Shopify.
What is Tobias Lütke’s net worth?
The net worth of Tobias Lütke is projected to be more than $4.7 Billion.
What is Tobias Lütke’s age?
Tobias Lütke was born on July 16, 1981, and is 42 years old.
What is Tobias Lütke’s height?
Tobias Lütke is 5 ft 10 in (1.77 m) tall.
What is Tobias Lütke’s relationship status?
Tobias Lütke is happily married to Fiona McKean.
Where is Tobias Lütke from?
Tobias Lütke is from Ottawa, Ontario, Canada.
(PS: This is not Tobias Lütke‘s precise net worth.)