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.
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.
Tobias Lütke, along with Daniel Weinand and Scott Lake, launched Snowdevil, an online snowboard shop, in 2004.
Shifting their focus from Snowdevil to a broader e-commerce platform, Tobias Lütke and his co-founders launched Shopify in 2006.
Tobias Lütke received the "CEO of the Year" award from The Globe and Mail in November 2014.
Shopify, with Tobias Lütke as CEO, went public in 2015, marking a significant milestone for the company.
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.
Tobias Lütke made a significant donation of $1,000,001 to Team Trees in 2019.
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.
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.
Tobias Lütke joined the board of directors at Coinbase, a cryptocurrency exchange platform, on January 31, 2022.
In 2022, Tobias Lütke was listed as the 11th richest Canadian, highlighting his success in the tech industry.
As of April 2024, Tobias Lütke's net worth was estimated to be US$6.9 billion.
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".
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