Of all the people to be angry at for being wealthy…
Guy grew up in one of the most downtrodden areas of Sweden, single parent household and founded the single largest music service in the world.
Yeah, that deserves more pay than any one musician ever is worth.
Oh, and he pays taxes, in Sweden. Our taxes are insane.
Sure, it’s debatable whether any one person should be that rich. Sure, he could probably do more for the artists. Sure, there’s probably other stuff he messes up too.
However, the main problem is likely the record labels who own the majority of the shares after essentially forcing the founders to give up the company they built. Especially considering that he worked at µTorrent before going off to do Spotify, and was inspired by napster - the idea that music should be free and available to everyone.
Oligarch through and through.
Of all the people to be angry at for being wealthy…
Guy grew up in one of the most downtrodden areas of Sweden, single parent household and founded the single largest music service in the world.
Yeah, that deserves more pay than any one musician ever is worth.
Oh, and he pays taxes, in Sweden. Our taxes are insane.
Sure, it’s debatable whether any one person should be that rich. Sure, he could probably do more for the artists. Sure, there’s probably other stuff he messes up too.
However, the main problem is likely the record labels who own the majority of the shares after essentially forcing the founders to give up the company they built. Especially considering that he worked at µTorrent before going off to do Spotify, and was inspired by napster - the idea that music should be free and available to everyone.