Spotify CEO’s wealth drops by $1bn in 2022 amid Joe Rogan controversy

Graeme Massie
Daniel Ek, chief executive officer of Spotify, arrives at the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. (Getty Images)
Daniel Ek, chief executive officer of Spotify, arrives at the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. (Getty Images)
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Spotify CEO Daniel Ek’s net worth has dropped by $1bn in 2022 amid the Joe Rogan misinformation controversy, a report says.

The co-founder of the streaming giant has seen his wealth fall to $2.6bn as his company’s share price has dropped by almost one-third so far this year, according to the Bloomberg Billionaires Index.

The company is trying to handle the widespread criticism of Covid-19 and vaccine misinformation faced by Rogan, who it paid $100m for the eclusive rights to The Joe Rogan Experience.