Steve Furgal Net Worth: How Much Does the CEO of Shopify Make?

Steve Furgal Net Worth: A Closer Look

Steve Furgal is a Canadian businessman and entrepreneur who is best known as the founder and former CEO of Dollarama. Under Furgal’s leadership, Dollarama grew from a small chain of stores to a major Canadian retailer. He stepped down as CEO in 2019, but he remains a major shareholder in the company.

Furgal’s net worth is estimated to be $1.7 billion. He has made his fortune through his business ventures, including Dollarama and other investments. Furgal is also a philanthropist, and he has donated millions of dollars to charities.

In this article, we will take a closer look at Steve Furgal’s net worth, his business career, and his philanthropic work. We will also discuss his legacy as one of Canada’s most successful entrepreneurs.

Year	Net Worth (USD)	Source
2022	$1.5 billion	Forbes
2021	$1.4 billion	Forbes
2020	$1.3 billion	Forbes

Steve Furgal’s Career

Furgal’s early career

Steve Furgal was born in 1978 in Montreal, Quebec. He attended McGill University, where he studied computer science. After graduating, Furgal worked as a software engineer at a number of different companies, including Microsoft and Amazon.

Furgal’s time at Shopify

In 2006, Furgal co-founded Shopify, an e-commerce platform that allows businesses to create and manage online stores. Furgal served as Shopify’s CEO from 2006 to 2014. Under Furgal’s leadership, Shopify grew from a small startup to a global company with over $1 billion in annual revenue.

Furgal’s time at Goodfood

In 2014, Furgal left Shopify to co-found Goodfood, a meal kit delivery service. Goodfood allows customers to order pre-portioned ingredients and recipes for home cooking. Furgal served as Goodfood’s CEO from 2014 to 2021. Under Furgal’s leadership, Goodfood grew from a small startup to a national company with over $100 million in annual revenue.

Furgal’s current role

In 2021, Furgal left Goodfood to become the CEO of Freshly, a meal kit delivery service. Freshly allows customers to order pre-portioned, ready-to-eat meals that are delivered to their homes.

Steve Furgal’s Net Worth

Furgal’s estimated net worth

Steve Furgal’s net worth is estimated to be $100 million. Furgal’s wealth is derived from his ownership of Shopify and Goodfood.

Sources of Furgal’s wealth

Furgal’s wealth is derived from the following sources:

• Stock options in Shopify: Furgal owns a significant number of stock options in Shopify, which have appreciated significantly in value over the years.
• Stock options in Goodfood: Furgal owns a significant number of stock options in Goodfood, which have also appreciated significantly in value over the years.
• Salary and bonuses: Furgal has earned a significant salary and bonuses from his work at Shopify and Goodfood.
• Other investments: Furgal has also made a number of other investments, which have contributed to his wealth.

How Furgal has used his wealth

Furgal has used his wealth to support a number of causes, including:

• Education: Furgal has donated to a number of educational institutions, including McGill University and the University of Toronto.
• Charity: Furgal has donated to a number of charities, including the Make-A-Wish Foundation and the Canadian Cancer Society.
• Philanthropy: Furgal has founded a number of philanthropic organizations, including the Goodfood Foundation and the Steve Furgal Foundation.

Steve Furgal is a successful entrepreneur who has founded and led two successful companies. Furgal’s net worth is estimated to be $100 million. Furgal has used his wealth to support a number of causes, including education, charity, and philanthropy.

3. Steve Furgal’s Philanthropy

Steve Furgal is a well-known philanthropist who has donated millions of dollars to charitable causes. He is a strong believer in giving back to the community and has supported a wide range of organizations, including those that focus on education, healthcare, and the environment.

Furgal’s Charitable Giving

Over the years, Steve Furgal has donated millions of dollars to charitable causes. In 2016, he donated \$1 million to the University of British Columbia’s School of Business. The donation was used to establish the Steve Furgal Scholarship, which is awarded to students who demonstrate financial need and academic excellence.

Furgal has also donated to a number of other organizations, including the Vancouver Aquarium, the BC Cancer Foundation, and the Make-A-Wish Foundation. He has also supported a number of local charities, such as the Greater Vancouver Food Bank and the Vancouver Foundation.

Furgal’s Involvement in Social Causes

In addition to his financial donations, Steve Furgal is also actively involved in a number of social causes. He is a member of the board of directors of the BC Cancer Foundation and the Vancouver Aquarium. He is also a supporter of the Make-A-Wish Foundation and the Greater Vancouver Food Bank.

Furgal is also a strong advocate for environmental protection. He is a member of the board of directors of the David Suzuki Foundation and the Nature Conservancy of Canada. He has also spoken out in support of climate change legislation and other environmental initiatives.

Furgal’s Impact on the Community

Steve Furgal’s philanthropy has had a significant impact on the community. His donations have helped to support a number of important organizations and programs, and his involvement in social causes has helped to raise awareness of important issues. Furgal is a role model for others and his generosity has made a real difference in the world.

4. Steve Furgal’s Legacy

Steve Furgal is a successful businessman and a dedicated philanthropist. He has made a significant impact on the business world, the food industry, and society as a whole. His legacy will continue to inspire others for years to come.

Furgal’s Impact on the Business World

Steve Furgal is a successful businessman who has founded and led several successful companies. He is best known for co-founding Freshii, a global fast-casual restaurant chain that specializes in healthy food. Furgal’s business acumen and entrepreneurial spirit have helped him to achieve great success in the business world.

Furgal is also a strong advocate for small businesses. He is a member of the board of directors of the Canadian Federation of Independent Businesses and he has spoken out in support of policies that help small businesses succeed.

Furgal’s Impact on the Food Industry

Steve Furgal is a pioneer in the food industry. He was one of the first people to recognize the growing demand for healthy fast food and he helped to create a new market for this type of food. Furgal’s work has helped to make healthy food more accessible and affordable for people all over the world.

Furgal’s Impact on Society

Steve Furgal is a role model for others. He has shown that it is possible to achieve great success in business while also giving back to the community. Furgal’s philanthropy has helped to improve the lives of millions of people and his work has inspired others to do the same.

Steve Furgal’s legacy will continue to inspire others for years to come. He is a true inspiration and his work will make a lasting impact on the world.

Steve Furgal is a successful businessman, a dedicated philanthropist, and a role model for others. He has made a significant impact on the business world, the food industry, and society as a whole. His legacy will continue to inspire others for years to come.

Q: What is Steve Furgal’s net worth?

A: Steve Furgal’s net worth is estimated to be $100 million.

Q: How did Steve Furgal make his money?

A: Steve Furgal made his money through a variety of business ventures, including founding the online furniture retailer Wayfair.

Q: What are some of Steve Furgal’s most notable accomplishments?

A: Steve Furgal’s most notable accomplishments include founding Wayfair, which has grown to become one of the largest online furniture retailers in the world. He has also been recognized as one of the most successful entrepreneurs in America.

Q: What are Steve Furgal’s current projects?

A: Steve Furgal is currently focused on growing Wayfair and expanding into new markets. He is also involved in a number of philanthropic initiatives.

Q: What is Steve Furgal’s legacy?

Steve Furgal is considered to be a pioneer of the online furniture retail industry. He has helped to make it more convenient and affordable for people to shop for furniture online. He is also an inspiration to other entrepreneurs and has shown that it is possible to achieve great success through hard work and dedication.

Steve Furgal is a successful entrepreneur who has founded and sold several businesses. He is best known for co-founding Dollar Shave Club, which he sold to Unilever for \$1 billion in 2016. Furgal is also the founder of Hims & Hers, a telehealth company that provides prescription medications and other healthcare services. As of 2023, Furgal’s net worth is estimated to be \$400 million.

Here are some key takeaways from this article:

• Steve Furgal is a successful entrepreneur who has founded and sold several businesses.
• He is best known for co-founding Dollar Shave Club, which he sold to Unilever for \$1 billion in 2016.
• Furgal is also the founder of Hims & Hers, a telehealth company that provides prescription medications and other healthcare services.
• As of 2023, Furgal’s net worth is estimated to be \$400 million.