Daniel Ek
Spotify · Stockholm
Net worth
$13.5B
Today
−$78M−0.57%Past month
+$851M+6.73%As of Nov 11, 2026, 1:50 PM EST
Daniel Ek is the cofounder of streaming music service Spotify and remained its CEO through 2025. He announced plans to assume the role of executive chairman in 2026, focusing more on the company's long-term strategy. Ek and his business parter Martin Lorentzon founded the company in 2006 in Sweden, and launched the product in 2008. Today, Spotify boasts over 696 million users and 276 million subscribers across 184 markets. In September 2021, Ek pledged to invest 1 billion euros in European technology, cofounding VC firm Prima Materia Ek is also a cofounder of Neko Health, a medical tech firm that specializes in preventative scans to promote early disease detection; in 2026, the Stockholm-based company raised $700 million at a $7 billion valuation.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Spotify Technology NYSE: SPOT | Technology | 53.8% | $7.3B |
Private and other holdings | Technology | 46.2% | $6.2B |
Also known for
- Ek plays guitar, bass, drums, piano and harmonica and is close friends with Facebook cofounder Mark Zuckerberg.
“I'm not an inventor. I just want to make things better.”