Daniel Ek's Spotify Stock Sales Surpass $433 Million as CEO Continues Aggressive Selloff in 2025

Daniel Ek's Spotify Stock Sales Surpass $433 Million as CEO Continues Aggressive Selloff in 2025

By Marcus Bennett

January 24, 2025 at 03:58 AM

Spotify CEO Daniel Ek continues his significant stock selloff into early 2025, with recent transactions pushing his one-year sale total beyond $433 million. In January 2025 alone, Ek sold 120,000 shares in two separate transactions, generating approximately $57 million.

Daniel Ek speaking on stage

Daniel Ek speaking on stage

Here's a breakdown of Ek's recent stock sales:

January 22nd, 2025 – $29,250,600 January 8th, 2025 – $27,835,800 December 23rd, 2024 – $27,720,000 December 11th – $28,294,800 December 4th – $36,999,000 November 26th – $36,103,500 November 20th – $34,787,250 November 15th – $35,812,500 April 24th – $118,800,000 February 7th – $57,505,000 Total: $433,108,450

Despite the substantial selloff, Spotify's stock continues to perform well, currently trading at $501.50 per share, near its all-time high of $511.

Several factors may explain Ek's stock sales:

  1. Personal investments: Ek committed to investing over $1 billion in European startups by 2030
  2. Recent acquisitions: Including a $31 million mansion in Spain
  3. Business ventures: Investments in companies like Helsing (AI defense) and Neko Health (preventative healthcare)

Notably, Ek doesn't currently receive a salary as Spotify's CEO, though the company covers approximately $200,000 annually for his home security services. His recent business moves include Neko Health's $260 million Series B funding round and Helsing's $469 million Series C investment in July 2024.

Woman meditates among trees

Woman meditates among trees

Three men seated on curb

Three men seated on curb

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