Martin Lorentzon
$12.8B
Born
Apr 01, 1969
Age
56
Source of Wealth
Spotify
Residence
Stockholm,
Citizenship
Sweden
Marital Status
Single
Children
0
Education
- 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.
- Lorentzon and Ek, who initially bonded over their love of gangster flicks, get together once a year for a Godfather-trilogy marathon.
| Exchange | Ticker | Company Name | Number Of Shares | Share Price | Currency Code |
|---|