Nationality Swedish Role Entrepreneur | Name Daniel Ek Net worth US$ 400 million | |
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Education Royal Institute of Technology Similar People Martin Lorentzon, Sean Parker, Jared Leto | ||
Daniel ek a playlist for entrepreneurs entire talk
Daniel Ek is a Swedish entrepreneur and a technologist. Ek is best known as the co-founder and CEO of the popular music streaming service Spotify.
Contents
- Daniel ek a playlist for entrepreneurs entire talk
- Daniel ek entrepreneurship as problem solving
- Business career
- Personal life
- Net worth
- References
Daniel ek entrepreneurship as problem solving
Business career
He founded his first company in 1997 at the age of 14. He was a part of the Nordic auction company Tradera (acquired by Ebay) and Advertigo.
In March 2006, Ek sold the company he founded, Advertigo, to TradeDoubler. The sale of the company, along with his previous work, had made him wealthy enough that he decided to retire, but returned to work a few months later after changing his mind.
Also in 2006, Ek was briefly the CEO of μTorrent, working with μTorrent founder Ludvig Strigeus. This ended when μTorrent was sold to BitTorrent on December 7, 2006. Strigeus would join Ek as a Spotify developer.
In 2006, Daniel Ek and Martin Lorentzon set up Spotify AB in Stockholm, Sweden. Lorentzon had previously worked at TradeDoubler, a company he co-founded. In October 2008, the company launched its legal music streaming service Spotify. Initially, Spotify ran on a peer-to-peer distribution model, similar to uTorrent, but switched to a server-client model in 2014. Daniel Ek currently serves as a CEO of Spotify. In October 2015, Spotify Co-Founder Martin Lorentzon announced he would be stepping down as Chairman and Ek would be taking over alongside his current role as CEO.
Personal life
In 2016, Ek married Sofia Levander, his longtime partner, with whom he has two children. At Ek's wedding Bruno Mars was invited to perform and Chris Rock officiated; he invited numerous guests, including Mark Zuckerberg.
Net worth
As of 2017, Daniel Ek has an estimated net worth of over $800 million. His main source of income is Spotify, which is currently worth $8 billion and has over 140 million active users worldwide. Ek has also been awarded the tile "Billboard Power 100's New No. 1" and is on numerous "wealth charts".