Michael Saylor’s net worth 2024: Michael Saylor is an American entrepreneur and business executive. Curious to learn more about him? Read on as we take you through the biography, age, height, family, house, personal life, education, salary, earnings, and net worth of Michael Saylor. As a bonus, you’ll also learn how Michael Saylor made his fortune.
Who is Michael Saylor and How Much is He Worth?
| Full Name | Michael J. Saylor |
| Date of Birth | February 4, 1965 |
| Age | 59 Years |
| Profession | Entrepreneur |
| Height | 6 ft (1.83 m) |
| Nationality | United States |
| Source of Wealth | MicroStrategy |
| Annual Salary | N/A |
| Net Worth | $1.8 Billion |
| Last Updated | October 2024 |
Michael Saylor is an American entrepreneur and business executive with an estimated net worth of $1.8 billion. Saylor is famous as the co-founder and CEO of MicroStrategy, a company that provided business intelligence, mobile software, and cloud-based services.
Michael Saylor is also one of the richest crypto billionaires in the world. He is also the sole trustee of Saylor Academy, a provider of free online education. Saylor is one of the earliest investors in Bitcoin and has over $1.1 billion worth of bitcoin.
Early Life
Michael Saylor was born on February 4, 1985, in Lincoln, Nebraska, United States of America. His father, Mr Saylor was an Air Force chief master sergeant and his mother, Phyllis Saylor is a housewife. Saylor grew up in Fairborn, Ohio, a working-class town near Wright-Patterson Air Force Base outside Dayton.
Education
Michael Saylor finished his high school in Fairborn. Thereafter, he enrolled at the Massachusetts Institute of Technology (MIT) on an airforce ROTC scholarship. Saylor graduated from MIT in 1987 with a double major in aeronautics and astronautics; and science, technology, and society.
Career
Although he wanted to become a pilot, a medical condition made him get a job with a consulting firm, The Federal Group, Inc. in 1987, where he focused on computer simulation modelling for a software integration company.
A year later, he became an internal consultant at DuPont, where he developed computer models to help the company anticipate change in its key markets.
Thereafter, he founded MicroStrategy with Sanju Bansal, his MIT fraternity brother. The company which began by developing software for data mining later narrowed down to software for business intelligence. In 1992, the company won a $10 million contract with Mcdonald’s to develop applications to analyze the efficiency of its promotions.
In June 1998, MicroStrategy went public with an initial stock offering of 4 million shares priced at $12 each. Saylor owns over 39,521 units of the company worth over $4.8 million.
In 2020, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin. That same year, the company added $175 million of Bitcoin and another $50million of Bitcoin to its holdings in two separate transactions.
In December 2020, the company announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. Following the purchase, MicroStrategy’s Bitcoin holding grew to over 70,470 bitcoins purchased for $1.125 billion.
As of February 24, 2021, MicroStrategy’s holding includes 90,531 bitcoins acquired for $2.171 billion at an average price of $23,985 per bitcoin. Saylor currently controls 70% of MicroStrategy’s shares. He personally holds 17,732 bitcoin and has not sold anyone yet.
Also in 2021, MicroStrategy bought 7,002 bitcoins for about $414,4 million in cash increasing its total holdings to 121,044 bitcoins.
Michael Saylor is an author. In June 2012, he released The Mobile Wave: How Mobile Intelligence Will Change Everything.
Personal Life
As of the time of writing, Michael Saylor is single. Saylor is not married and has never been married.
Social Media Profile
Michael Saylor has an impressive number of fans on his social media pages where he shares a bit of his personal life and work-related stuff. As of the time of writing, Michael Saylor has over 63,000 Instagram followers. Saylor has over 2 million Twitter followers.
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Michael Saylor Net Worth, Salary and Earnings 2024
As of October 2024, Michael Saylor has an estimated net worth of $1.8 billion. Saylor earns his net worth through his company’s investments in Bitcoin. He also has personal investments in bitcoin which he is yet to sell.
Michael Saylor’s House
In July 2012, Michael Saylor paid $13.1 million for a palatial waterfront home in Miami, Florida. The mansion has 13 bedrooms and 12 bathrooms spread across 18,006 square feet.
Saylor also owns two multi-million dollar yachts, Usher and Harle.
Summary
Michael Saylor is an American entrepreneur and business executive with an estimated net worth of $1.8 billion. Saylor is famous as the co-founder and CEO of MicroStrategy, a company that provided business intelligence, mobile software, and cloud-based services.
