At that time, Ek took over as CEO, though not due to a falling out, as the two say they’re still close friends. When the pair launched Spotify, Lorentzon initially served as its CEO and stayed in the role until 2013. Like Lorentzon, Ek is a billionaire thanks to the streaming company’s success. Lorentzon co-founded Spotify in 2006 (launching in 2008) with his friend Daniel Ek, who still runs the company as its chief executive today. So, how much is Lorentzon worth today? Martin Lorentzon owes his vast net worth to Spotify. He has also received awards such as the International Swede of the Year in 2014, Business Achievement from a Swedish newspaper in 2015, and an honorary doctorate from his alma mater, the Chalmers University of Technology. Lorentzon’s wealth has dropped significantly since last year, according to Forbes, but he’s still doing just fine as one of the world’s richest people. With Spotify co-founder Daniel Ek, Lorentzon has brought streaming music to the masses and made billions. Recently, Martin Lorentzon and his entrepreneurial success have made it to the small screen, thanks to a new Netflix docuseries about the founding of Spotify titled The Playlist. What is Martin Lorentzon’s net worth? Spotify Co-Founder Martin Lorentzon brought music to the masses and made billions.
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