Name
Daniel Ek
Daniel Ek
Stockholm, Sweden
Sweden
Spotify, Self Made
$2,500,000,000
1057
#1057 Billionaires 2019
Global Game Changers 2016
Stockholm-born Daniel Ek is the cofounder and CEO of streaming music service Spotify.The company has more than 180 million users, 87 million of whom are paying subscribers.Via a dual-class share system Ek owns nearly 9% of the shares, but has 37% of voting control.Ek and his business parter Martin Lorentzon founded the company in 2006 in Sweden, and launched the product in 2008.Spotify listed its shares on the New York Stock Exchange in early April 2018 in an unusual direct listing, eschewing the services of investment banks.
Ek plays guitar, bass, drums, piano and harmonica and is close friends with Facebook cofounder Mark Zuckerberg.
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