Facebook Pixel BEYOND THE SOUND BARRIER | Forbes Middle East - English - Business - Bu hikayeyi Magzter.com'da okuyun

Denemek ALTIN - Özgür

BEYOND THE SOUND BARRIER

Forbes Middle East - English

|

February 2022

DECADE AGO, Daniel Ek CONVINCED LABELS AND ARTISTS TO STREAM THEIR SONGS ON SPOTIFY, REVIVING THE FLATLINING MUSIC INDUSTRY. NOW, AFTER AMASSING A $4.4 BILLION FORTUNE, HE’S MOVING PAST POP STARS, OPENING HIS SUPERSTREAMER TO STORYTELLING, LIVE TALK AND A NEW BREED OF AUDIO CREATORS IN A BID TO OWN THE WORLD’S DIGITAL EARDRUMS.

- STEVEN BERTONI

BEYOND THE SOUND BARRIER

It's lunchtime in late October, and 71 stories above Wall Street at 4 World Trade Center, Daniel Ek is strolling along the polished concrete floors of Spotify’s headquarters. He passes sleek sculptures of headphones crafted in neon-hued metal, couch-lined luxury lounges for VIP advertising clients and soundproof podcast studios custom-built for the medium’s biggest stars, then enters a large cafeteria rigged with stage lighting for pop-up concerts.

The room is being prepped for dinner with Spotify’s board, which will include a surprise performance by Brothers Osborne—a hip country-rock duo whose hit song “Stay a Little Longer” has been streamed 180 million times on Ek’s music service. Spotify just reported third-quarter earnings, and Ek, a 38-year-old self-described introverted engineer who seldom gives interviews, is having a rare day in the spotlight.

The soft-spoken Swede, who has a shaved head and a beard, has been on the move since 5 a.m., hosting calls with financial analysts, sitting for a parade of interviews and leading a 200-employee town hall. “It was crazy, because it was the first in-person meeting we’ve done here in two years,” says Ek, decked out in black jeans, a black suede coat and patent-leather sneakers. “It had a great, warm vibe. Everyone was hugging and applauding.”

Forbes Middle East - English'den DAHA FAZLA HİKAYE

Forbes Middle East - English

Forbes Middle East - English

CAPITAL IN TRANSITION

As Saudi Arabia diversifies beyond oil, capital is moving into new sectors. For Saudi billionaire Ajlan Abdulaziz Alajlan, Chairman of Ajlan & Bros Group, that shift is already shaping his strategy.

time to read

5 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE MIDDLE EAST'S MOST IMPACTFUL REAL ESTATE LEADERS 2026

Sajwani founded DAMAC Properties in 2002. In 2025, DAMAC reported $9.8 billion in sales.

time to read

2 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

The Youngest Arab Billionaire In 2026

Unlike developers who scale through long-term, phased masterplans, Abbas Sajwani, Founder and CEO of AHS Properties, focuses on acquiring, repositioning, and monetizing high-value assets in Dubai's ultra-luxury commercial and residential market.

time to read

2 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE WORLD'S RICHEST ARABS 2026

36 billionaires across seven countries, with a combined net worth of $137.3 billion

time to read

1 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

BUILDING BEYOND BRICKS

Waleed Mohammad Al Zaabi, founder and owner of Tiger Holding, has built skyscrapers across the Middle East and grown a business that now spans construction, real estate, hospitality, engineering, education, facilities management, and industrial services.

time to read

7 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

PLANNING BOLDLY, NAVIGATING MARKET SHIFTS

Ahmed Al Ammadi, CEO of Diyar Al Muharraq, is leading one of Bahrain's largest and most active master-planned communities-spanning 12 square kilometers-through shifting market dynamics and regional uncertainty.

time to read

6 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

TOP 10 CONSTRUCTION COMPANIES 2026

The Middle East's construction sector continues to expand, driven by major infrastructure and real estate projects. This year's list of The Middle East's Top 10 Construction Companies 2026 highlights firms with a strong track record of project execution, solid financial performance, and multi-billion-dollar project backlogs.

time to read

4 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

HOW CULTURE BECAME A CORE ASSET

With the $1 billion Grand Egyptian Museum opening, drawing an average of 19,000 visitors per day, it's clear that culture is no longer a decorative afterthought. As cities compete for capital, talent, and global relevance, it has become a core economic engine.

time to read

4 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE HUMAN BLUEPRINT BEHIND A LUXURY PROPERTY EMPIRE

Masih Imtiaz, CEO of family-run business Imtiaz Developments, defied Dubai's high-velocity real estate playbook by putting empathy at the center.

time to read

5 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

The World's Celebrity Billionaires

From newcomer Roger Federer to Oprah Winfrey, here are the 22 athletes and entertainers who have translated their fame into ten-figure fortunes.

time to read

1 min

April - May 2026 English Edition

Translate

Share

-
+

Change font size