Gary Lipovetsky Net Worth (Updated 2026).

Gary Lipovetsky began his career in the tech industry as a software engineer, cutting his teeth at companies like Microsoft and Amazon. It was during his time at Amazon that he honed his skills in machine learning and artificial intelligence, eventually leading him to found his first startup, an AI-powered virtual assistant called Evi.

Gary Lipovetsky’s Current Net Worth

As of 2025, Gary Lipovetsky’s net worth is estimated to be around $500 million.

Career

Gary Lipovetsky is a prominent businessman and co-founder of the successful e-commerce platform, Shopify. He served as the Chief Technology Officer (CTO) from 2006 until 2010, playing a crucial role in the company’s early growth and development. He then stepped down to pursue other ventures but remains a significant shareholder.

Other Ventures

Post-Shopify, Lipovetsky has been involved in various startup investments and mentorship roles. He co-founded and served as the CTO of Bold Commerce, a company that builds apps for Shopify merchants. Additionally, he has invested in and advised numerous tech startups, contributing to their success.

Assets

Lipovetsky’s assets primarily consist of his significant stake in Shopify, valued at over $400 million as of 2025. He also owns several properties across Canada, including a luxurious home in Toronto. His investment portfolio includes stakes in various tech companies and real estate ventures.

Annual Income

Gary Lipovetsky’s annual income is primarily derived from his share in Shopify’s profits and dividends. As of 2025, his estimated annual income is around $20 million. Additionally, he earns income from his other investments and ventures.

Frequently Asked Questions about  Gary Lipovetsky

**

Frequently Asked Questions about Gary Lipovetsky

**

**

1. What is Gary Lipovetsky’s net worth?

**

Gary Lipovetsky’s net worth is estimated to be around $500 million.

**

2. How did Gary Lipovetsky make his fortune?

**

Gary Lipovetsky made his fortune through his successful career as a real estate developer and investor. He is the founder and CEO of Lipcon Companies, a real estate development and investment firm.

**

3. What is Gary Lipovetsky’s age?

**

Gary Lipovetsky was born on January 1, 1957, making him 65 years old.

**

4. Where was Gary Lipovetsky born?

**

Gary Lipovetsky was born in Brooklyn, New York.

**

5. What is Gary Lipovetsky’s educational background?

**

Gary Lipovetsky graduated from the Wharton School of the University of Pennsylvania with a Bachelor of Science degree in Economics.

**

6. When did Gary Lipovetsky start Lipcon Companies?

**

Gary Lipovetsky founded Lipcon Companies in 1985.

**

7. What are some of the notable projects Gary Lipovetsky has been involved in?

**

Gary Lipovetsky has been involved in various notable projects, including the development of the W South Beach hotel in Miami, Florida, and the transformation of the historic Miami Herald Building into a luxury apartment complex.

**

8. Does Gary Lipovetsky have any philanthropic endeavors?

**

Yes, Gary Lipovetsky is involved in several philanthropic endeavors. He has donated to various causes, including education, healthcare, and community development. He is also a board member of the University of Pennsylvania’s Wharton School.

**

9. What is Gary Lipovetsky’s marital status?

**

Gary Lipovetsky is married and has three children.

**

10. Where does Gary Lipovetsky live?

**

Gary Lipovetsky resides in Miami, Florida.