History of Tobias Lütke in Timeline

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Tobias Lütke

Tobias "Tobi" Lütke is a German-Canadian entrepreneur known for co-founding and leading Shopify, a prominent e-commerce company located in Ottawa, Canada. Beyond Shopify, he contributed significantly to the Ruby on Rails framework and developed open-source libraries like Active Merchant. His success in the tech industry has earned him recognition as one of the wealthiest Canadians, with an estimated net worth of US$6.9 billion as of April 2024.

1981: Birth of Tobias Lütke

Tobias Lütke was born in Koblenz, Germany in 1981.

1990: Influence of John Carmack

In the 1990s, a teenage Tobias Lütke was significantly influenced by John Carmack's .plan-files, considering them highly impactful in his understanding of systems design.

2002: Move to Canada

Tobias Lütke moved from Germany to Canada in 2002.

2004: Launch of Snowdevil

Tobias Lütke, along with Daniel Weinand and Scott Lake, launched Snowdevil, an online snowboard shop, in 2004.

2006: Launch of Shopify

Shifting their focus from Snowdevil to a broader e-commerce platform, Tobias Lütke and his co-founders launched Shopify in 2006.

November 2014: Named CEO of the Year

Tobias Lütke received the "CEO of the Year" award from The Globe and Mail in November 2014.

2015: Shopify Goes Public

Shopify, with Tobias Lütke as CEO, went public in 2015, marking a significant milestone for the company.

November 5, 2018: Awarded Meritorious Service Cross

Tobias Lütke was honored with the Meritorious Service Cross on November 5, 2018, in recognition of his contributions to the growth of Canada's technology sector.

2019: Donation to Team Trees

Tobias Lütke made a significant donation of $1,000,001 to Team Trees in 2019.

September 8, 2021: Investment in Creative Layer

On September 8, 2021, it was announced that Tobias Lütke, alongside former and current Shopify executives and Celtic House Venture Partners, invested $3 million in Creative Layer, a print-on-demand platform integrated with Shopify.

2021: Donation to Team Seas

In 2021, Tobias Lütke donated $1,200,001 to Team Seas, the fourth-largest contribution as of May 1, 2024, adding "For the Lorax... but wet." as a message.

January 31, 2022: Joins Coinbase Board of Directors

Tobias Lütke joined the board of directors at Coinbase, a cryptocurrency exchange platform, on January 31, 2022.

2022: Ranked Among Richest Canadians

In 2022, Tobias Lütke was listed as the 11th richest Canadian, highlighting his success in the tech industry.

April 2024: Net Worth Update

As of April 2024, Tobias Lütke's net worth was estimated to be US$6.9 billion.

May 1, 2024: Largest Donation to Team Trees

As of May 1, 2024, Tobias Lütke holds the record for the largest donation to Team Trees, contributing $1,000,001 with a message "For the Lorax".