In 2022, Matoma’s company booked NOK 10.3 million in revenue and a NOK 6.6 million net profit, TV 2 reported, the best result in its history. That is a notable figure for a DJ whose breakthrough was a remix of a hip-hop classic.
So what is Matoma’s net worth in 2026? No credible published estimate exists. We found none from Forbes, Kapital or the other Norwegian outlets we searched. What can be documented are company accounts, tax-list entries and the arc of the career.
Is Matoma’s Net Worth Publicly Confirmed?
No. Online figures conflict. One site lists USD 100,000 to USD 1 million from a proprietary algorithm, while a low-quality page claims USD 24 million to USD 30 million and is padded with text about unrelated people. We rely on neither.
The documented numbers measure different things. At the end of 2024, his company’s equity was NOK 18.0 million. His 2023 tax-list entry showed NOK 5.2 million in net wealth. Neither is a net worth figure. Company equity belongs to the company, and tax-list wealth is an assessed figure after debt.
Matoma Quick Facts
| Detail | Information |
|---|---|
| Real name | Tom Stræte Lagergren |
| Born | 29 May 1991, Åsnes, Norway (raised in Flisa) |
| Age | 35 |
| Nationality | Norwegian |
| Occupation | DJ and record producer |
| Known for | “Old Thing Back” remix; albums Hakuna Matoma and One in a Million |
| Education | Bachelor’s degree in music technology, NTNU |
| Company | Matoma Productions AS (founded 2015) |
| 2024 company figures | Revenue NOK 9.7 million; net profit NOK 2.5 million; equity NOK 18.0 million |
| 2023 tax list | Income NOK 215,753; net wealth NOK 5,167,195 |
| Net worth 2026 | Not publicly confirmed |
Who Is Matoma?
Tom Stræte Lagergren, who performs as Matoma, was born on 29 May 1991 in Åsnes, according to Wikipedia. Norwegian press describes him as a Flisa native, and Flisa lies in the same municipality.
From classical piano to remixes
He started on classical piano as a child and, per Wikipedia, won a contest to perform alongside pianists Håvard Gimse and Leif Ove Andsnes. As his interest in classical music faded, he began mixing on his computer. Qobuz’s biography says he later earned a bachelor’s degree in music technology at the Norwegian University of Science and Technology.
Career and Achievements
The “Old Thing Back” breakthrough
His remix of The Notorious B.I.G.’s “Old Thing Back” changed everything. It peaked at No. 2 on VG-lista, reached No. 1 on Hype Machine and charted in Sweden, Finland, Denmark and New Zealand. Several labels, including Big Beat Records, showed interest after hearing it.
By 2015 he was working with international pop acts. He appeared on Jason Derulo’s “Try Me” with Jennifer Lopez, and Dagbladet reported he had played Coachella and Tomorrowland. His debut album Hakuna Matoma followed in November 2015, with Astrid S, Akon and remixes for Coldplay and One Direction.
One in a Million and the touring years
His second album, One in a Million, arrived in August 2018 on Warner Music. A label biography credits it with more than one billion streams, a promotional claim we could not independently verify. It spawned “False Alarm” with Becky Hill, “Lonely” with MAX and “Slow” with Noah Cyrus.
He toured North America in 2018 and again in 2022, according to a concert listing.
Television and recent releases
At home he became a coach on TV 2’s The Voice – Norges beste stemme, and the 2021 season’s winning coach was Matoma. He later appeared on Hver gang vi møtes. Qobuz lists recent singles including “Barn som deg” with Gabrielle in 2023 and “Samurai Swords” in 2024.
How Matoma Makes Money
His income comes from festival and club bookings, streaming and recorded-music revenue, remixes and television work, though the split is not public. The pandemic showed how much depends on live work. VG called 2020 a weak year despite state compensation, and the company’s accounts show NOK 1.5 million of other operating income that year.
Matoma Productions AS: What the Company Accounts Show
Matoma Productions AS, registered in 2015, is his company. Figures below are in NOK millions.
| Year | Revenue | Pre-tax profit | Net profit |
|---|---|---|---|
| 2020 | 3.3 | 1.9 | 1.5 |
| 2021 | 3.1 | 1.9 | 1.4 |
| 2022 | 10.3 | 8.3 | 6.6 |
| 2023 | 7.5 | 2.4 | 2.1 |
| 2024 | 9.7 | 3.0 | 2.5 |
Source: Proff.no accounts summary, rounded.
2022 stands out. Revenue tripled from 2021 and net profit reached NOK 6.6 million. Costs then caught up. TV 2 reported that 2024 brought record costs and wages, with payroll at NOK 1.6 million, which is why a revenue rebound to NOK 9.7 million produced a smaller profit than 2022.
At the end of 2024, Proff lists total assets of NOK 22.9 million and equity of NOK 18.0 million. We could not find 2025 accounts.
What the Tax Lists Show
His personal tax-list figures swing widely. In 2015, NRK reported income of NOK 1,413,716, net wealth of NOK 1,205,404 and tax of NOK 623,612. Dagbladet said that was nearly four times his income a year earlier.
Later, Glåmdalen’s local lists put him at the top of the district’s cultural figures with nearly NOK 4 million in one year. For 2022, Nettavisen reported NOK 2.22 million. The next lists then fell sharply: NOK 215,753 in income and NOK 5,167,195 in wealth for 2023, and NOK 0 in income for 2024 with sharply lower wealth.
Because his earnings run through a company, private income depends on salary and dividends he chooses to take, so tax-list swings do not track his earnings. Lists also show income after deductions.
Endorsements and Lifestyle
We found no verified endorsement deals, property holdings or luxury purchases, so we leave them out rather than guess.
Conclusion
Matoma’s finances are best read through his company, not a headline number. Matoma Productions reported revenue between NOK 3 million and NOK 10 million a year from 2020 to 2024, a peak profit of NOK 6.6 million in 2022 and NOK 18.0 million in equity by the end of 2024. His private tax-list income moves much more erratically.
Until he or his company discloses more, any exact Matoma net worth 2026 figure is speculation. We will update this article if a credible estimate appears.
Matoma FAQs
What is Matoma’s net worth in 2026?
It is not publicly confirmed. We found no estimate from Forbes, Kapital or other credible outlets. Online figures conflict, from USD 100,000 to USD 1 million on one site to USD 24 million to USD 30 million on a low-quality page.
How does Matoma make money?
Mainly from DJ bookings, streaming and recorded-music income, remixes and television work, with earnings running through his company Matoma Productions AS.
How old is Matoma and where is he from?
He was born Tom Stræte Lagergren on 29 May 1991 in Åsnes, Norway, so he is 35.
What is Matoma best known for?
His remix of The Notorious B.I.G.’s “Old Thing Back”, the albums Hakuna Matoma and One in a Million, and collaborations with artists such as Jason Derulo and Becky Hill.
How much does Matoma Productions AS earn?
In 2024 it reported revenue of about NOK 9.7 million and a net profit of NOK 2.5 million. Its best year in the data we found was 2022, with a NOK 6.6 million net profit.
Sources & References
- TV 2: Matoma Productions AS, rekordhøye kostnader
- Proff.no: Matoma Productions AS accounts
- Proff.no: Matoma Productions AS company profile (2024)
- Nettavisen: latest tax lists (2023 and 2024 entries)
- Nettavisen: Hver gang vi møtes artists (2022 income)
- NRK: Dette tjente de unge musikkstjernene i 2015
- Dagbladet: Tjener rått på gigasuksesser i utlandet
- Glåmdalen: Matoma dro inn nesten fire millioner
- VG: Inntektssmell for Matoma (2020)
- Wikipedia: Matoma
- Wikipedia: Hakuna Matoma
- Wikipedia: The Voice – Norges beste stemme
- Qobuz: Matoma biography
Also linked inline: Pulse Recordings label biography (promotional) and a concert listing. Net worth estimate reviewed but not relied on: Celebs Money.
