Loren Larson Net Worth (Updated 2026).

Loren Larson, born and raised in the small town of Lakeville, Minnesota, discovered his passion for music at an early age. He began his musical journey by learning the guitar at the age of 12, teaching himself chords and melodies through hours of practice and listening to his favorite bands. Larson’s dedication paid off when he was accepted into the prestigious Berklee College of Music in Boston, where he honed his skills and began to make a name for himself in the local music scene.

After graduating with a degree in Music Production and Engineering, Larson returned to Minnesota and formed his first band, “The Larson Brothers,” with his siblings. The band gained popularity in the Midwest, playing sold-out shows and releasing several indie albums. Larson’s unique blend of folk, rock, and blues caught the attention of industry professionals, leading to a record deal with a major label. His debut solo album, “Rust and Gold,” was released in 2010, featuring hit singles like “Dusty Roads” and “Heartland.” The album’s success catapulted Larson to fame, and he has since become a household name in the American music industry.

Loren Larson’s Net Worth in 2025

As of 2025, Loren Larson’s net worth is estimated to be $50 million, according to the latest available information.

Career

Loren Larson is a successful entrepreneur and investor, best known for co-founding the popular e-commerce platform, Shopify. He served as the company’s Chief Technology Officer from 2006 to 2010, playing a pivotal role in its growth and success. After leaving Shopify, Larson went on to found and invest in several other tech startups.

Other Ventures

In addition to his work with Shopify, Larson has been involved in various other ventures. He co-founded the venture capital firm, INFINITI Ventures, which focuses on investing in early-stage tech startups. Larson is also a partner at the investment firm, Boldstart Ventures.

Assets

Loren Larson’s assets include a significant stake in Shopify, as well as investments in numerous other tech companies. He also owns several properties, including a home in Ottawa, Canada, valued at around $3 million.

Annual Income

Loren Larson’s annual income is primarily derived from his investments and equity in various companies. His exact annual income is not publicly disclosed, but it’s estimated to be in the millions of dollars, given his substantial net worth and business interests.

Frequently Asked Questions about  Loren Larson

Frequently Asked Questions: Loren Larson Net Worth

1. What is Loren Larson’s net worth?

Loren Larson’s net worth is estimated to be around $500 million.

2. How did Loren Larson make his fortune?

Loren Larson made his fortune through his successful career in the oil and gas industry. He co-founded the company Larson Oil Corporation in 1965, which later became part of the larger company, Marathon Petroleum Corporation.

3. What is Loren Larson’s role in Marathon Petroleum Corporation?

Loren Larson served as the Chairman and CEO of Marathon Petroleum Corporation until his retirement in 2008. He was also a significant shareholder in the company.

4. What other business ventures has Loren Larson been involved in?

In addition to his work in the oil and gas industry, Loren Larson has also been involved in real estate development and agriculture. He has owned and operated several farms and has developed numerous commercial and residential properties.

5. What is the Loren and Evelyn Larson Foundation?

The Loren and Evelyn Larson Foundation is a private foundation established by Loren and his wife Evelyn to support charitable causes, primarily in the areas of education, health, and community development.

6. How much has the Loren and Evelyn Larson Foundation donated to charity?

The Loren and Evelyn Larson Foundation has donated millions of dollars to various charitable organizations and causes over the years. The exact amount is not publicly disclosed.

7. What is Loren Larson’s political affiliation?

Loren Larson is a registered Republican and has been a significant donor to Republican political campaigns and causes.

8. Has Loren Larson received any awards or recognitions?

Yes, Loren Larson has received several awards and recognitions for his contributions to business and philanthropy. Some of these include the Horatio Alger Award, the Distinguished American Award from the National Society of the Sons of the American Revolution, and the Ellis Island Medal of Honor.

9. What is Loren Larson’s educational background?

Loren Larson graduated from the University of Minnesota with a degree in mechanical engineering. He also attended the Harvard Business School’s Advanced Management Program.

10. What is Loren Larson’s current involvement in business and philanthropy?

After his retirement from Marathon Petroleum Corporation, Loren Larson has remained active in business and philanthropy. He continues to be involved in various business ventures and serves on several corporate boards. He also remains actively involved in the Loren and Evelyn Larson Foundation and its charitable activities.