Martin Lorentzon

The Spotify CEO has so far sold $751.6 million worth of Spotify shares since mid-2023

As of Thursday, Ek ranked 384th on the Bloomberg Billionaires Index with a net worth of $7.95 billion

Ek's latest transaction involved the sale of 60,000 shares

Spotify's market capitalization is more than double that of the world's largest music company, Universal

Following a series of blockbuster earnings reports, Spotify's stock is trading near all-time highs

Co-founders Daniel Ek and Martin Lorentzon continue to dominate as shareholders of Spotify.

Music streaming company Spotify has seen a 310% runup in its share price over the past 18 months

MBW digs through SEC filings to discover who ultimately controls music subscription streaming's dominant player

If Ek still owns a 10% holding in company, he's sitting pretty

News comes a month after Chief Revenue Officer left company