Martin Lorentzon

$7.08B

$36.4M (0.5%)

as of 07/02/24

About Martin Lorentzon

Martin Lorentzon cofounded Spotify in 2006 with his friend Daniel Ek; they launched the streaming music service two years later.

The service has more than 180 million users, 87 million of whom are paying subscribers.

Via a dual-class share system, Lorentzon, a Swedish entrepreneur, owns 12% of the shares, but has 43% voting control.

Lorentzon is a Silicon Valley-veteran who held senior roles at search engine Alta Vista in the 1990s; he took European ad network Tradedoubler public.

Spotify listed its shares on the New York Stock Exchange in early April 2018 in an unusual direct listing, without the help of investment banks.

Personal stats

Citizenship

Sweden

Source of wealth

Spotify

Residence

Stockholm, Sweden

Marital status

Single

Birth date

04/01/69 (age 55)

Self-made

self-made