Spotify seems to be about 50B on the stock market, so 9% of that is... 4.5B.
It seems that nearly 100% of his known money is virtual. I'm not sure he takes home a huge salary rather than paying out to artists ("Ek and his business parter Martin Lorentzon founded the company in 2006" so he didn't invest a lot to get those 9%). The company is also unprofitable currently, but having seen what non-profits like Mozilla take home I guess that doesn't say much (they also don't make any profit, and yet...).
Not sure if the actual salary is known. It seems like the kind of thing that would be, but duckduckgo annoyingly only turns up articles about this latest news.
(Wikipedia)
> Ek owns nearly 9% of the shares
(Forbes)
Spotify seems to be about 50B on the stock market, so 9% of that is... 4.5B.
It seems that nearly 100% of his known money is virtual. I'm not sure he takes home a huge salary rather than paying out to artists ("Ek and his business parter Martin Lorentzon founded the company in 2006" so he didn't invest a lot to get those 9%). The company is also unprofitable currently, but having seen what non-profits like Mozilla take home I guess that doesn't say much (they also don't make any profit, and yet...).
Not sure if the actual salary is known. It seems like the kind of thing that would be, but duckduckgo annoyingly only turns up articles about this latest news.