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Billionaire Profile
John Phillips
Global Rank
#1971

Image: ABC Television | Public domain | via Wikimedia Commons

John Phillips

CEO, Investments
CANADA
Real-Time Net Worth
$2.058B
Estimated based on Investments stock value as of March 6, 2026
+3.62% (24h)
Age
75
Source
investments
Industry
finance-investments
Citizenship
CANADA

Biography

John Phillips is a Canadian angel investor known for his early investment in Shopify, an e-commerce software company. This investment significantly contributed to his current estimated net worth. He served on Shopify's board of directors from 2010 to 2023. Phillips previously worked for 25 years as a corporate lawyer, including as general counsel at Clearnet Communications. His wealth is primarily derived from investments and his early recognition of Shopify's potential. His career reflects a transition from law to the financial sector and highlights his acumen in identifying promising ventures.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

John Phillips, a Canadian citizen, began his career as a corporate lawyer. He spent 20 years at Blake, Cassels & Graydon LLP and later served as general counsel at Clearnet Communications for nearly six years. His legal background provided a foundation for his subsequent move into the investment world.

Rise to Success: The Shopify Investment

Phillips's breakthrough came with his early investment in Shopify. In 2007, he invested $250,000 in the company at a $3 million valuation. He then built a position of about 5 million shares. Shopify's impressive growth led to a significant increase in Phillips's wealth, making him a key shareholder in the company. He also served on Shopify's board of directors from 2010 to 2023.

Key Business Strategies

Phillips's success can be attributed to his keen eye for promising ventures and his long-term investment strategy. His ability to recognize the potential of Shopify early on and maintain a significant stake in the company was crucial. He used a simple checklist for investment decisions: a great management team, a great product, and market validation through sales.

Philanthropy

The Phillips' Northpine Foundation has donated hundreds of millions to 168 organizations focused on climate, refugees and formerly incarcerated individuals.

Career Milestones

1993

CEO of Klister Credit Corp.

Became CEO of Klister Credit Corp., an investment and consulting company.

2007

Shopify Investment

Made an early investment in Shopify, which later became a significant source of wealth.

2010-2023

Shopify Board of Directors

Served on the board of directors of Shopify.

Philanthropy & Social Impact

General Philanthropy

Northpine Foundation Donations

Hundreds of millions

Donations to 168 organizations focused on climate, refugees and formerly incarcerated individuals.

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