From Tech Entrepreneur to Crypto Proponent: Michael Saylor's Evolution and Net Worth
| Name | Michael Saylor |
| Net Worth | $500 Million |
| Salary | $40 Million |
| Annual Income | $918,917 |
| Source of Income | Business |
| DOB | Feb 4, 1965 |
| Age | 58 years old |
| Gender | Male |
| Profession | Entrepreneur |
| Nationality | American |
One of the digital entrepreneurs who became multi-billionaires during the late 90s, American entrepreneur and founder of analytics software MicroStrategy, Michael Saylor now has a net worth of $500 million. Saylor used to be a rocket scientist who also studied aeronautics at MIT, before deciding to launch a software business as early as 1989. Despite losing a huge chunk of his fortune after the internet bubble burst and affected MicroStrategy's stock, Saylor led the firm as CEO till 2022. More recently, the company has amassed the biggest stockpile of cryptocurrency Bitcoin, and is adding to it.
What are Michael Saylor's sources of income?
The software firm MicroStrategy which offers analytics for businesses, has been Saylor's primary source of revenue for almost 35 years. Initially focused on data mining, but the company later shifted its attention to business intelligence tools. MicroStrategy first found success by securing its first major client, McDonald's, through a $10 million contract in 1992. It reached the pinnacle of its achievements in 1998, when Saylor took the company public. By the early 2000s, he had become the wealthiest individual in the Washington, DC area. Moreover, MicroStrategy founded Alarm.com in the same year, adding to Saylor's entrepreneurial portfolio.
Other business ventures
Beyond MicroStrategy, Saylor forayed into the non-profit sector by establishing Saylor Academy in 1999, offering free college-level online courses and supporting the development of educational materials. The academy even collaborates with other organizations to confer degrees upon its students, contributing to the advancement of online education.
In 2012, Saylor authored "The Mobile Wave: How Mobile Intelligence Will Change Everything." This non-fiction book delves into the impact of mobile technology on sectors like commerce, healthcare, education, and the global landscape. The book garnered significant recognition, earning a place on the New York Times Best Seller list and ranking fifth on the Wall Street Journal's bestsellers list in 2012.
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Real estate and total assets
Saylor has resided in the luxurious Villa Vecchia in Miami Beach, Florida. This opulent property spans 18,000 square feet and boasts 13 bedrooms, 12 bathrooms, and a 150-guest grand ballroom. Outdoors, the estate includes a pool pavilion, a waterfront gazebo, and a dock capable of accommodating a 100-foot yacht. Saylor also maintains a home in McLean, Virginia.
Earnings growth by year
| Year | Earnings |
| 2021 | $400 Million |
| 2022 | $458 Million |
| 2023 | $500 Million |
Social media followers
| Social Media | Following |
| 141,000 Followers | |
| 500+ Connections |
Personal life
In his personal life, Michael Saylor has remained focused on his work and business ventures. He is not married, and his co-founder, Sanju Bansal, once revealed that Saylor's dedication to his work takes precedence.
Saylor is also a notable philanthropist, demonstrating his commitment to various causes, including refugee relief, education, and environmental conservation. His foundation, the Saylor Foundation, has been instrumental in these endeavors, and he further established the Saylor Academy to provide free education.
FAQs
What is Michael Saylor's net worth?
Michael Saylor's net worth is approximately $500 million.
How did Michael Saylor earn his wealth?
Michael Saylor earned his wealth primarily through his involvement with MicroStrategy, a technology services company he co-founded.
What is Saylor Academy?
Saylor Academy is a non-profit organization founded by Michael Saylor that provides free college-level online courses.