Daniel Ek

Quick Facts

Full Name	Daniel Ek
Occupation	Entrepreneur
Date Of Birth	Feb 21, 1983(1983-02-21)
Age	41
Country	Sweden
Horoscope	Aquarius

Daniel Ek Biography

Daniel Ek is one of the most popular and richest Entrepreneur who was born on February 21, 1983 in Sweden. Swedish businessman and the founder of the well-known music streaming service Spotify.

The musician was a source of irritation for many like He irritated many musicians, including Thom Yorke, with the creation of Spotify. by introducing the concept of Spotify.

The sale of Advertigo as well as his previous work made Ek wealthy enough that he decided to retire. However, after a few months Ek realized that money was meaningless without a project he was passionate about which led to the founding of Spotify. Ek first had the idea for Spotify in 2002 when peer-to- peer music service Napster shut down and another illegal site Kazaa took over. Ek said he “realised that you can never legislate away from piracy. Laws can definitely help, but it doesn’t take away the problem. The only way to solve the problem was to create a service that was better than piracy and at the same time compensates the music industry – that gave us Spotify.”

Ek graduated high school from IT-Gymnasiet (sv) in Sundbyberg in 2002, and subsequently studied engineering at the KTH Royal Institute of Technology before dropping out to focus on his IT career.

He was born in Sweden beginning businesses from young, thanks to the help by his parents.

Daniel Ek Net Worth

Daniel Ek is one of the richest Entrepreneur from Sweden. According to our analysis, Wikipedia, Forbes & Business Insider, Daniel Ek 's net worth $4 Billion. (Last Update: December 11, 2023)

He did not graduate from his school, the Royal Institute of Technology, however, he was able to become the CTO of several high-profile companies.

He was placed third on the British Rich List in 2012.

Daniel Ek (born 21 February 1983) is a Swedish billionaire entrepreneur and technologist. Ek is best known as the co-founder and CEO of the music streaming service Spotify.

Height, Weight & Body Measurements

Daniel Ek height Not available right now. Daniel weight Not Known & body measurements will update soon.

Who is Daniel Ek Dating?

According to our records, Daniel Ek married to Sofia Levander. As of December 1, 2023, Daniel Ek’s is not dating anyone.

Relationships Record : We have no records of past relationships for Daniel Ek. You may help us to build the dating records for Daniel Ek!

In 2016, Ek and fellow Spotify co-founder Martin Lorentzon wrote an open letter on the blogging platform Medium to the Swedish government saying that if certain changes to Swedish law regarding housing, taxation, and education are not made Spotify will be forced to re-locate from the country. More specifically, Ek claims that the high taxes in Sweden on stock options makes it difficult to incentivize programmers to work at startups when startups have trouble competing with larger companies on salary. Moreover, Ek claims Swedish permitting policy is overly restrictive limiting the supply of affordable housing.

Facts & Trivia

Daniel Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Sweden. Daniel Ek celebrates birthday on February 21 of every year.

Top Facts about Daniel Ek

1. Daniel Ek is the CEO and co-founder of Spotify.
2. He was born on February 21, 1983 in Stockholm, Sweden.
3. Ek started his first company at age 14.
4. He dropped out of college to pursue entrepreneurship full-time.
5. In 2019, Forbes estimated his net worth at $2 billion.
6. Ek owns a significant portion of Spotify’s shares.
7. The music streaming service has over 345 million active users worldwide.
8. Under Ek’s leadership, Spotify went public in April 2018.
9. He has been recognized for his philanthropic efforts through the “Ek Challenge” initiative.
10. Ek is known for advocating for fair compensation for artists on the platform.

How did Daniel Ek make his money?

He dropped out of college and worked for several Web-based companies before founding Advertigo, an online marketing firm that he sold in 2006 to the Swedish company Tradedoubler. He then established Spotify with Tradedoubler’s cofounder, Martin Lorentzon, and became CEO.

How much of Spotify does Daniel Ek own?

Ana Perez of City National Bank Offers 5 Finance Tips for Artists on ‘Latin Hitmaker’ Podcast. Ek is Spotify’s largest single shareholder with 16.7% of common shares, according to the company’s 2021 annual report, that were worth $3.4 billion at Thursday’s $105.59 closing price.

How much does the CEO of Spotify make?

As the Chairman of the Board, Chief Executive Officer, and Co-Founder of Spotify Technology S.A, the total compensation of Daniel Ek at Spotify Technology S.A is €336,462. There are 17 executives at Spotify Technology S.A getting paid more, with Dawn Ostroff having the highest compensation of $7,484,030.

Who owns Spotify now?

The multi-billion music streaming company Spotify is primarily owned by its founders, Daniel Ek and Martin Lorentzon. As of 2021, Daniel Ek has 16.7% ownership of ordinary shares and 31.9% of the voting power. Where Martin Lorentzon has 10.9% of ordinary shares and 42.9% of the voting power.

How much does Spotify pay per stream?

How Much Does Spotify Pay Musicians Per Stream? Royalties are the revenue you make as an artist from someone streaming your music. And as of May 2022, Spotify pays artists between $0.003 – $0.005 per stream on average. So this works out at 70% to the artist and 30% to Spotify in terms of revenue.