Spotify is primarily owned by its two co-founders, Daniel Ek and Martin Lorentzon, who hold the majority of the company's shares and voting power. Daniel Ek owns about 15.6% of the company’s shares and holds approximately 30.5% of the voting power, while Martin Lorentzon owns about 10.9% of the shares and controls around 42.7% of the voting power. Together, they control around 73.2% of Spotify's voting rights. Additionally, institutional investors like Baillie Gifford & Co. and Tencent also own significant shares, but the founders maintain control mainly through special voting rights. Spotify is publicly traded on the New York Stock Exchange through its holding company Spotify Technology S.A.
