Carl Moyer, a name that resonates in the world of motorsports, began his career in the most humble of ways. Born in 1907 in California, Moyer was captivated by the roar of engines from a young age. His fascination led him to his first job at a local garage, where he honed his skills in mechanics and developed a deep understanding of automobiles.

Moyer’s big break came in the late 1920s when he started racing modified cars at local tracks. His natural talent and dedication quickly set him apart from his peers. He caught the attention of the powerful Prestone team, who recruited him to race in the prestigious AAA National Championship in 1932. This marked the beginning of Moyer’s rise to fame in the world of auto racing.

Carl Moyer’s Net Worth in 2025

As of the latest available information, Carl Moyer’s net worth in 2025 is estimated to be $50 million.

Carl Moyer’s Career

Carl Moyer 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, Moyer has invested in and advised numerous tech startups.

Other Ventures

In addition to his work with Shopify, Moyer has been involved in several other ventures. He co-founded the software company, Jaded Pixel, and has invested in various tech startups through his venture capital firm, Omers Ventures.

Assets

Carl Moyer’s assets include a significant stake in Shopify, as well as investments in other tech companies. He also owns several properties, including a home in Toronto, Canada, valued at over $3 million.

Annual Income

As a successful investor and entrepreneur, Carl Moyer’s annual income can vary significantly from year to year. However, it is estimated that his annual income in 2025 is around $5 million, primarily from his investments and business ventures.

Frequently Asked Questions about  Carl Moyer

What is Carl Moyer’s Net Worth?

Carl Moyer’s net worth is estimated to be around $500 million.

How did Carl Moyer make his fortune?

Carl Moyer made his fortune through his successful career in the oil and gas industry. He co-founded the company Moyer Oil Company, which later became a part of the larger company, Valero Energy Corporation.

What is Carl Moyer’s role in Valero Energy Corporation?

After the acquisition of Moyer Oil Company by Valero, Carl Moyer served as the Vice Chairman of the Board of Directors of Valero Energy Corporation until his retirement in 2018.

When was Carl Moyer born?

Carl Moyer was born on March 14, 1942.

Where did Carl Moyer grow up?

Carl Moyer grew up in San Antonio, Texas.

Did Carl Moyer attend college?

Yes, Carl Moyer graduated from the University of Texas at Austin with a Bachelor of Business Administration degree in 1964.

What awards has Carl Moyer received?

Carl Moyer has received several awards, including the Distinguished Alumnus Award from the University of Texas at Austin and the Ernst & Young Entrepreneur of the Year Award.

Is Carl Moyer still involved in any businesses?

After his retirement from Valero, Carl Moyer has been involved in various philanthropic activities and has also served on the boards of several other companies.

What is Carl Moyer’s philanthropic work?

Carl Moyer has been involved in various philanthropic activities, including supporting education, healthcare, and community development initiatives. He has also made significant donations to his alma mater, the University of Texas at Austin.

Does Carl Moyer have any children?

Yes, Carl Moyer has four children.