Michael Saylor Net Worth Is Booming

Key takeaways:

• Forbes has listed Michael Saylor’s 2024 net worth as approximately USD 1.2 billion
• The American billionaire made his name in the late 80s after founding and running the tech company MicroStrategy
• Saylor is a huge Bitcoin advocate and regularly speaks on the subject of cryptocurrency via his social media accounts

MicroStrategy is one of the most well-known businesses in both the cryptocurrency and broader tech space. At its helm is Michael Saylor, a US-based entrepreneur who leveraged this small startup into a multi-national behemoth. Both MicroStrategy and Saylor himself invest in Bitcoin (and other digital currencies) which plays a big role in his billionaire status. This article will explore Michael Saylor’s assets to determine which factors influence his net wealth and how it has fluctuated over time.

Yes, Michael Saylor Is A Billionaire

According to Forbes, Michael Saylor will be a billionaire in 2023. He is the 1,818th richest billionaire in the world and sits at number 4 on the crypto rich list (however this ranking is outdated by several years). Other sources suggest Saylor’s net worth may actually be greater than the $1.2 billion figure quoted by Forbes as 2023, while a couple claim his fortune to be around the $500 million mark. Given the solid performance of BTC and MicroStrategy over the past 6 months, it’s likely that Michael Saylor is a billionaire.

Assuming that Forbes’ estimate is correct, a $200 million loss could knock Saylor off the billionaire’s list. Such an event isn’t impossible considering how heavily his portfolio is exposed to BTC. A 10-20% drop in BTC may be enough to turn Saylor into a multi-millionaire, rather than a billionaire – but for now, he sits in the exclusive ten-digit club alongside other Bitcoin millionaires such as Changpeng Zhao (CZ) and Mike Novogratz who have also amassed a significant net worth.

The Net Worth Of Michael Saylor Is Surging

There are several sources we can track to try and determine Michael Saylor’s most up-to-date net worth. Forbes is perhaps the most reputable as the team uses an algorithm to determine the wealth of certain rich people on a day-to-day basis. According to this source, Michael Saylor’s net worth is approximately $1.2 billion USD – down 25% from the previous year.

However, other online sources suggest Saylor’s net worth is drastically different. Some claim his net worth to be around $3 billion as of 2024, while others have suggested he isn’t even a billionaire anymore (with a fortune of $500 million). The validity of these claims is hard to determine, however, based on the performance of BTC and MicroStrategy over the past 12 months it is likely that Forbes’ estimate is the closest to the mark.

Michael Saylor Amassed His Fortune Over Time

Michael Saylor (@saylor on Twitter) has been a wealthy man for a very long time. In fact, it is believed he reached his peak net worth in the early 2000s during what is now called the “dot-com bubble”. This was a period of a couple of years where the internet was starting to see widespread adoption and investors went all in on the sector. This inflated the value of several companies well past their actual worth (including MicroStrategy), resulting in a massive peak and trough in the stock price of several tech businesses.

At the absolute peak of hysteria, Michael Saylor lost $6 billion USD in a single day. All up, it’s estimated he lost $13 billion due to the dot-com bubble. However, thanks to savvy personal and institutional investments in Bitcoin, Saylor re-invented himself and his company and returned to the world of billionaires. Unfortunately, data for Michael Saylor’s actual net worth is quite sparse and can only be retrieved for certain years.

Year	Net Worth (in USD)
2000	$7-13 billion (reports vary)
2001	$1 billion
2020	At least $175 million
2021	$2.3 billion
2022	$1.6 billion
2023	$1.2 billion

Michael Saylor Keeps Buying Bitcoin

Michael Saylor, CEO of MicroStrategy Inc., has a significant personal and business investment in Bitcoin. He holds 17,732 BTC personally, worth at least $474.62 million as of September 2023. MicroStrategy has invested over $1 billion in Bitcoin, purchasing 140,000 BTC. However, the company has incurred losses due to adding BTC to its portfolio during the 2021 bull run.

Factors That Affect Michael Saylor’s Net Worth

Michael Saylor is no longer the CEO of MicroStrategy, the company he founded, but he is still a prominent executive in charge of investment strategies. He likely still has significant exposure to MicroStrategy through personal holdings in its public stock and salary. If MicroStrategy performs well in any given financial year, both its stock price and the salary it can afford may increase—and vice versa for poor years.

However, by far the biggest factor that affects Michael Saylor’s net worth is the price movements of Bitcoin. For starters, we know that the billionaire likely still has at least 17k BTC, worth around $450 million. For context, a small 1% drop in the price of Bitcoin would cause Saylor’s fortune to fall by more than $4.5 million. However, his company also owns approximately 140,000 BTC valued at over $3 billion.

This means that BTC's value fluctuations affect Saylor’s personal crypto portfolio and his company's performance and cash reserves. A bad year for Bitcoin could influence MicroStrategy’s day-to-day operations by limiting its potential for expenditure. Indeed, the inverse is true, too—MicroStrategy’s best stock performance since the dot-com bubble occurred as a result of BTC’s massive price run through 2021.

About Michael Saylor

Michael Saylor is an American entrepreneur, software engineer, and investor. He is best known for founding and serving as CEO of the tech company MicroStrategy Inc. and for his heavy investment in Bitcoin. While he stepped down from his top role at his company in 2022, his prominence in the crypto industry has only grown as he turned his attention to Bitcoin trading.

Name	Michael Saylor
Date Of Birth	4 February 1965
Place Of Birth	Nebraska, USA
Net Worth	$1.2 billion
Source Of Wealth	Bitcoin, MicroStrategy Inc
Nationality	American
Profession	Software engineer, investor, business executive, entrepreneur

Early Life & Education

Michael Saylor was born in 1965 in Nebraska, United States. His father was an Air Force chief master sergeant, an occupation that informed much of Saylor’s early years. As a teenager, Saylor was heavily invested in piloting and became a prolific academic. He acquired a scholarship to the Massachusetts Institute of Technology (MIT) where he graduated with a double major in aeronautics and astronautics.

Unfortunately for Saylor, a previously undiagnosed medical condition prevented him from becoming a pilot. Quick to change his mind, he secured a role with a computer modeling consultancy firm and never looked back.