Spotify founder Daniel Ek joins Sunday Times rich list, worth 190m

David Ek - the Spotify founder is worth £190mDaniel Ek, the Swedish founder of the digital music download service Spotify, has joined the Beckhams in the Music Top 10 on the Sunday Times Rich list.

He has racked up a £190m fortune with Spotify, which with the launch of its Play Button is fast becoming the world’s defacto online music streaming service.

Spotify’s business is now valued at £1.2 bn and Ek, who lives in London and is an Arsenal supporter, has a stake worth £190m in the company.

That has all been built in the six years since he started Spotify in 2006 with Martin Lorentzon. They went on to launch the service in the US last year.

The inclusion places Ek’s name alongside the far better-known names of music such as Sir Mick Jagger and Simon Cowell.

Last week it was announced that Coca-Cola was to partner with Spotify to help both brands expand around the world. They will produce a Coke app based on the music service in time for the Olympics.

It follows Spotify opening itself up to publishers with the Play Button. This is in effect Spotify’s “like button” and it means Spotify start to appear on website’s globally as online publishers sign up to feature songs on their websites. Initial partners including The Independent, GQ and MSN.

The official Rich List guide will be in the Sunday Times on April 29, and it can be viewed online here.

To celebrate the launch of the 2012 Rich List, The Sunday Times has launched the Rich List Profile app on Facebook.

You get to ask yourself the question what would you do with £100m pounds?

Are you a natural philanthropist or would you splurge it all on an ostentatious house in Barbados with a yacht in tow?  You can compare yourself with Rich Listers including Simon Cowell, JK Rowling and Roman Abramovich and be in with the chance to win an iPad 3.  You can Play Rich List Profile here.


Music rank Name 2012 wealth 2011 wealth
1 Clive Calder £1,350m £1,300m
2 Sir Cameron Mackintosh £725m £675m
3 Sir Paul McCartney and Nancy Shevell £665m £495m
4 Lord Lloyd-Webber £590m £680m
5 U2 £514m £455m
6 Simon Fuller £375m £375m
7 Simon Cowell £225m £200m
8 Sir Elton John £220m £195m
9 Michael Flatley £192m £214m
10= David and Victoria Beckham £190m £165m
10= Daniel Ek £190m New
10= Sir Mick Jagger £190m £190m
13= Olivia and Dhani Harrison £180m £170m
13= Sting £180m £180m
15 Keith Richards £175m £175m
16 Jamie Palumbo £170m £150m
17 Denis and Caroline Desmond £165m £185m
18 Ringo Starr £160m £150m
19 Sir Tim Rice £144m £143m
20 Sir Tom Jones £140m £140m
21 Eric Clapton £130m £125m
22= Roger Ames £120m £120m
22= Rod Stewart £120m £115m
22= Roger Waters £120m £105m
25 Phil Collins £115m £115m
26= David Bowie £100m £100m
26= George Michael £100m £90m
26= Robbie Williams £100m £90m
29 Ozzy and Sharon Osbourne £95m £95m
30 Brian May £90m £85m
31 Enya £86m £85m
32= David Gilmour £85m £85m
32= Roger Taylor £85m £80m
32= Charlie Watts £85m £85m
35= Chris Blackwell £80m £80m
35= Robert Plant £80m £80m
37 Jimmy Page £75m £75m
38 Chris Martin and Gwyneth Paltrow £72m £48m
39= John Deacon £70m £65m
39= Chris Wright £70m £70m
41 Moya Doherty and John McColgan £68m £70m
42= Noel and Liam Gallagher £65m £63m
42= Engelbert Humperdinck £65m £60m
42= Mark Knopfler £65m £62m
45 Judy Craymer £63m £62m
46= Nick Mason £55m £55m
46= Martin Mills £55m New
48 Sir Cliff Richard £52m £50m
49= Gary Barlow £50m £38m
49= Brian Johnson £50m £50m
49= Van Morrison £50m £50m