Online shop platforms have become one of the most visited websites and one of the most used apps, especially in this modern era and in the middle of pandemic. Everyone is too busy to get out to get something or they are afraid to go out when this pandemic is still happening.
If you often shop in the thing called Shopify, you must have heard of Harley Finkelstein, the president of the company. Before he is now, he founded a lot of startups and ecommerce companies. As one of the successful businessmen, he surely earns a lot. How much does he earn? Find out about his net worth and some other things below.
According to People Ai, Harley Finkelstein has an estimated net worth of 5 million of dollars. It is reported that the total compensation of Harley Finkelstein at Shopify Inc was the Chief Operating Officer of the company is $4,423,520. He is actually not the one that is getting paid the highest. Above him, there are two executives that get paid more and Tobias Lutke is the one that has the highest payment of $10,6616,000.
After finishing his JD and MBA, Harley Finkelstein got hired by a law firm in Toronto. He worked there for a year. In 2009, he met the co-founder and the CEO of Shopify named Tobias Lutke. These two met to discuss the all the opportunities for the company. Shortly after the meeting, Harley was hired and was named as the Chief Platform Officer of the company.
Five years later, Harley Finkelstein was appointed a member of the C100 board. For those who are not familiar with the C100, it refers to an organization with the aims to support the Canadian technology community. It is like a bridge between Canada and Silicon Valley.
Not only that, Harley Finkelstein is a mentor and an advisor to a lot of different organizations and incubators such as Felicis Ventures, FounderFuel, Invest Ottawa and CIPPIC.
In 2016, in January for the exact, he was named COO of Shopify. In the same year, the man was inducted into the Order of Ottawa by Mayor Jim Watson. A year after that, he listed in the board of directors for CBC. Last year, he was named as Shopify President.
As stated before, Harley Finkelstein is best known as the president of Shopify. If your knowledge of this company is low, these following paragraphs will help you to get know to this.
Shopify is known as a multinational e-commerce company that is based in Ottawa, Ontario, Canada. The name is also the same one of e-commerce platform where the online stores gather to sell their things. There are a few services offered to online retailers, including payments, marketing, shipping and customer engagement tools.
- Type: Public
- Traded as: TSX: SHOP, NYSE: SHOP, S&P/TSX 60 component
- Industry: E-commerce
- Founded: 2006 in Ottawa, Ontario, Canada
- Founders: Tobias Lutke, Daniel Weinand, Scott Lake
- HQs: Ottawa, Ontario, Canada
- Area served: Worldwide
- Services: Online shopping
- Revenue: $2.93 billion (2020)
- Net Income: $320 million (2020)
- Total Assets: $7.76 billion (2020)
- Total Equity: $6.40 billion (2020)
- Total Employees: More than 7,000
- Website: shopify.com
According to the report, as of May 2021, the company known as Shopify had more than 1,700,000 businesses in about 175 countries using this e-commerce. Builtwith stated that 1.58 million websites run on the platform as of 2021. For 2019, the total gross merchandise reached $61 billion. By looking at these numbers, Shopify is undoubtedly the largest publicly traded company from Canada. It has a total revenue of $2.929 billion in 2020.
Shopify is not only about shopping. The company has decided to spread its wings to the other fields. Just two months after entering this year, Shopify announced that the company has founded a new esports organization named Shopify Rebellion. It has a professional StarCraft II team that is ready to compete in the international competitions. The team consists of a few members, including the former 2016 world champion named Byun Hyun Woo. In the same team, there is also Sasha Hostyn.
As entering the esports industry is not enough, Shopify made its first entry in last mile logistics by investing in a digital logistics startup that is based in Toronto called Swyft in April 2021. About $17.5 million was raised for this startup as part of a Series A round of funding. This one is apparently co-led by Inovia Capital and Forerunner Ventures with the participation from Shopify.
In March 2017, Harley Finkelstein came out as the winner of the Angel Investor of the Year at the Canadian Startup Awards.
- Place of Birth: Montreal, Quebec, Canada
- Nationality: Canadian
- Education: McGill University, Concordia University, University of Ottawa
- Profession: President of Shopify
- Spouse: Lindsay Taub
Harley Finkelstein was born in Montreal, Quebec, Canada. When he was 17 and was still studying at McGill University, he made a T-shirt company. He then moved to Concordia University and get a bachelor’s degree in economics. After that, the man studied in the University of Ottawa where he founded the JD/MBA Student Society and the Canadian MBA Oath while working towards his Juris Doctor and MBA.
Harley Finkelstein is known as a Jewish and he is apparently a grandson of Holocaust survivors. He is currently married to a fellow Jewish named Lindsay Taub. From the marriage, they have a daughter. He, along with his partner and his girl, currently reside in New Edinburg.
In 2018, there was a report that Harley Finkelstein donated a total of $500,000 to establish the new Finkelstein Chabad Jewish center that is located in the Sandy Hill neighborhood of Ottawa. As the one who attended the Chabad center when he was listed as a student at the University of Ottawa and recalled that there was not enough room to fit all students who wanted to attend the events, he made a promise to donate to pay everything of the family in welcoming the Jewish students in Ottawa.
On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…