Martin Lorentzon Net Worth (2025)
Entrepreneur, Businessman

Net Worth
Wealth Tier: Billionaire
Net worth between $1 billion and $10 billion
Annual Income
$10 million per year, mainly from Spotify shares and board positions
Net Worth Timeline
2022: $4,000,000,000, 2023: $4,200,000,000, 2024: $4,400,000,000
Martin Lorentzon's Biography
Martin Lorentzon is a renowned Swedish entrepreneur best known as the co-founder of Spotify, the world’s leading music streaming service. Born on April 1, 1969, Lorentzon quickly established himself as a visionary in the tech and business world. After earning his degree from Chalmers University of Technology, he ventured into the digital advertising space with Tradedoubler, achieving his first major success by selling the company to AOL Europe. His true claim to fame came in 2006, when he partnered with Daniel Ek to launch Spotify, revolutionizing the music industry through legal streaming and user-friendly design. Lorentzon’s leadership and innovative mindset have been recognized with numerous awards, including being named International Swede of the Year and receiving the prestigious Royal Swedish Academy of Engineering Sciences Gold Medal. Despite his immense wealth—estimated at $4.4 billion in 2024—he remains grounded, often reflecting on the humble beginnings of his career. Lorentzon is passionate about technology, music, and supporting entrepreneurship in Sweden. He is also known for his candid views on business, famously stating, "You don’t have to be first, but you have to be best." His journey from a small-town Swedish boy to a global business icon serves as an inspiration to aspiring entrepreneurs worldwide.
Wealth in Perspective
Fun Fact
Lorentzon once worked as a cleaner before making it big in tech.
Full Name
Martin Lorentzon
Nickname
Martin
Nationality
Swedish
Birthday
April 01, 1969
Age
56
Zodiac Sign
Taurus
Height
185 cm cm
Weight
80 kg kg
Marital Status
Single
Spouse
None
Children
0
Education
Chalmers University of Technology
Famous For
Co-founding Spotify
First Big Break
Selling Tradedoubler to AOL Europe
Social Media
Twitter: @martinlorentzon
Businesses Owned
Spotify, Tradedoubler (co-founder), various investments
Awards
International Swede of the Year, Royal Swedish Academy of Engineering Sciences Gold Medal
Category
Business
Controversies
Faced scrutiny over Spotify's artist compensation model
Hobbies
Golf, reading, traveling
Interests
Technology, music, entrepreneurship
Quote
"You don’t have to be first, but you have to be best."