![]() Meanwhile, Ek, as CEO and 9% shareholder, has become the public face of Spotify and was named the most powerful man in music by Billboard in 2017. According to Forbes, Lorentzon owns 12% of the company. Every year many Spotify users post their Spotify wrapped playlist on social media.Ĭo-founders Ek and Lorentzon shared CEO duties for a time, but Lorentzon relinquished the title and adopted a more rigid responsibility structure focused on financial analysis. Who owns Spotify?Īccording to information obtained by AmericanPost.NewsSpotify has about 180 million paying subscribers. Users who are enrolled in a university are offered a considerable discount. Spotify offers a number of premium membership packages that come with an ad-free experience and access to their entire library of music and podcasts. The company was founded by Swedish billionaire and current CEO daniel ek and his business partner Martin Lorentzon. Spotify is a streaming platform for music, podcasts and more.
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