Spotify Co-Founder Says He's Out If Sweden Taxes the Rich

Sweden's got an election coming up Sunday, and one of the biggest issues on the table is whether the country should tax its wealthiest residents. Spotify co-founder Martin Lorentzon just made it clear where he stands: he's threatening to leave the country immediately if a wealth tax gets passed.

Lorentzon built one of the most important streaming platforms in music history from Sweden, so his position carries weight in those conversations. Whether you think his threat is a negotiating tactic or he genuinely means it, the message is loud — he sees a wealth tax as a dealbreaker.

This is the kind of stakes that define how music infrastructure gets built and funded in different parts of the world. When billionaires are making ultimatums about staying put, it shapes policy debates whether people like it or not. The election will tell us which direction Sweden goes.

Read the full story at Music Business Worldwide → https://www.musicbusinessworldwide.com/spotify-co-founder-martin-lorentzon-says-hell-leave-sweden-immediately-if-a-wealth-tax-is-introduced-report/