Tobias Lütke

Tobias Lütke
Born 1980 (age 3738)
Koblenz, Germany
Residence Ottawa, Ontario, Canada
Nationality German
Occupation CEO of Shopify
Net worth US$1.2 billion (March 2018)[1]
Spouse(s) Fiona McKean
Children 3
Website tobi.lutke.com

Tobias Lütke (born 1980)[2] is founder and CEO of Shopify, a commerce company based in Ottawa, Canada.[3][4][5][6] He has served on the core team of the Ruby on Rails framework and has created open source libraries such as Active Merchant.[7]

Early life

Lütke received a Schneider CPC (German brand of the Amstrad CPC distributed by the Schneider Rundfunkwerke AG) from his parents at the age of six.[8][9] By 11 or 12, he began rewriting the code of the games he played and modifying the computer hardware. Lütke dropped out of school and entered an apprenticeship program at the Koblenzer Carl-Benz-School to become a computer programmer after tenth grade.[10][11] He moved from Germany to Canada in 2002.[8][10]

Career

In 2004, Lütke launched Snowdevil, an online snowboard shop from his garage with his partners, Daniel Weinand and Scott Lake.[5][12][13] After looking around and not being satisfied with any of the e-commerce platforms that were currently available, Lütke, a programmer by trade, had decided to build his own[14] in Ruby on Rails.[11][15]

Soon after, the Snowdevil founders decided to shift their focus from snowboards to e-commerce and Shopify, the e-commerce platform, was officially launched in 2006.[16][17][18]

In 2012, Profit included Lütke on its “The Fabulous 30” list.[19] The Globe and Mail named Lütke “CEO of the Year” in November 2014.[20][21] By September 2016, more than 300,000 merchants utilized Shopify and over $20 billion worth of gross merchandise on the company’s platforms since 2006.[22]

References

  1. Peterson-Withorn, Chase. "Meet The World's 259 Newest Billionaires". forbes.com. Retrieved 6 March 2018.
  2. "Canada's Richest People: Tobias Lütke". Canadian Business, 9 November 2017
  3. "Episode: 375: Tobias Lutke - Founder & CEO of Shopify". Retrieved April 30, 2015.
  4. "First family of Shopify to restore Opinicon resort". January 28, 2015. Retrieved April 30, 2015.
  5. 1 2 "Fluke and luck: Shopify's co-founder profited from both". October 5, 2012. Retrieved April 30, 2015.
  6. "Founder to CEO: Tobias Lutke, Shopify". June 7, 2013. Missing or empty |url= (help); |access-date= requires |url= (help)
  7. "Tobias Lutke, CEO, Shopify at Business of Software 2011". May 23, 2012. Retrieved April 30, 2015.
  8. 1 2 "Our Canadian CEO of the year you've probably never heard of". November 27, 2014. Retrieved April 30, 2015.
  9. "Ich war ein miserabler Schüler". November 30, 2017. Retrieved November 30, 2017.
  10. 1 2 "Shopify: Koblenzer revolutioniert Onlineshops". May 2, 2014. Retrieved April 30, 2015.
  11. 1 2 "Against the Grain" (PDF). Retrieved April 30, 2015.
  12. "Q&A with Tobias Lütke of Shopify". June 3, 2010. Retrieved April 30, 2015.
  13. "Finding Business Motivation in Industry Leaders". January 10, 2014. Retrieved April 30, 2015.
  14. "Shopify picks up $7M in venture funding". December 13, 2010. Retrieved April 30, 2015.
  15. "Top 5 Keys to Shopify's Success – an Interview with Tobias Lutke". December 22, 2010. Archived from the original on May 2, 2015. Retrieved April 30, 2015.
  16. "FASTEST GROWING COMPANIES: #1 - Shopify". May 3, 2010. Archived from the original on May 6, 2010. Retrieved April 30, 2015.
  17. "Zwei Deutsche mischen Kanadas Gründerszene auf". May 12, 2014. Retrieved April 30, 2015.
  18. "Shopify auf der Überholspur". February 10, 2014. Retrieved April 30, 2015.
  19. "Fab 30: Tobias Lutke, CEO of Shopify". July 18, 2012. Retrieved April 30, 2015.
  20. "Shopify's Tobias Lutke Crowned CEO of 2014". November 27, 2014. Retrieved April 30, 2015.
  21. Knowlton Thomas (November 27, 2014). "Tobias Lutke Crowned CEO of 2014". Retrieved April 30, 2015.
  22. "Shopify Preparing for Dual U.S.-Canada Initial Public Offering in 2015". January 9, 2015. Retrieved April 30, 2015.
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