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Introduction About Michael J. Saylor
Not everyone managed to survive the apocalyptic crash of the 90’s dot com bubble. Even if they did, not everyone could manage to ride their way back up again, from they fell. However, Michael J. Saylor has done it all. An entrepreneur by profession, Saylor is also reputed for being a Bitcoin whale in the cryptocurrency segment.
An entrepreneur at the mere age of 24, Saylor founded his own company, MicroStrategy. With his utmost dedication, he turned his startup, into a million-dollar business. From absolutely nothing, Michael J. Saylor touched unfathomable heights.
Net Worth & Salary of Michael J. Saylor in 2022
As of 2022, Michael J. Saylor’s net worth is approximated to be roughly around a staggering $1.6 billion.
Most of this accounts for the shares he owns in his company MicroStrategy and the number of bitcoins that he holds as an investment.
Age, Early Life & Biography of Michael J. Saylor
As of 2022, Michael J. Saylor is 57 years old.
Saylor did not have a very simple childhood. He was born in Lincoln, Nebraska in the year 1965. Coming from a family with a military association, most of Saylor’s childhood was spent in the various U.S. Air Force bases around the world. Later on, when in his early teenage years, Saylor’s family took residence at Wright-Patterson Air Force Base near Dayton, Ohio. His peers had already anticipated his success when he served as both a valedictorian and a class marshal.
Owing to his Air Force Reserve Officer Training Corps scholarship, Saylor attended the Massachusetts Institute of Technology and graduated with the highest honors one could receive from MIT. He had dual degrees under his belt in aeronautics and astronautics as well as in science, tech, and society.
| Name: | Michael J. Saylor |
| Gender: | Male |
| Age: | 57 years |
| Birth Date: | February 4, 1965 |
| Birth Place: | Lincoln, Nebraska, United States |
| Nationality: | American |
| Height: | 1.73m |
| Sexual Orientation: | Straight |
| Marital Status: | Unmarried |
| Wife/Spouse (Name): | N/A |
| Children/Kids (Son and Daughter): | N/A |
| Dating/Girlfriend (Name): | N/A |
| Profession: | Entrepreneur, Inventor, Philanthropist |
| Yearly Income: | $2,780,241 |
| Net Worth in 2022 | $1.6 billion |
| Content Last Updated: | August 2022 |
Personal Life of Michael J. Saylor
Despite having a career and life that the masses can just dream of, not much is known of Michael J. Saylor’s personal life. His humility is reflected in the fact that even though a billionaire, he chose not to disclose much about his life to the media or the public about the luxury he owns. That is how down-to-earth Michael J. Saylor is.
Career of Michael J. Saylor
Michael J. Saylor’s career defines him. Rise, fall, success, failure, struggles, Saylor faced it all.
While at MIT, Saylor joined the Theta Delta Chi fraternity after successful completion of the training at Lackland Air Force Base in San Antonio, Texas. He was appointed as a Second Lieutenant in the United States Air Force. However, much to his disappointment, due to a medical condition, Saylor could not continue as a pilot.
He then joined the consultant firm The Federal Inc. The year 1988, saw Saylor taking up the role of an internal consultant in the firm DuPont as a developer of computer models to facilitate the company in anticipating changes in its major markets. He also worked on models focusing more on the strategic decision-making at companies like Dow and Exxon.
It was in the year 1989 that Saylor put all his experiences at play and founded his own company MicroStrategy at just 24 years of age. The main vision of the company was to provide businesses with intelligence services to help them in maintaining strategies.
MicroStrategy had its first breakthrough in 1992 when it received a $10 million contract from McDonald’s to develop applications that would help them analyze the efficiency of their promotional services.
After exponential growth, Saylor took the company public in 1998. The shares of the company performed so well that by the early 2000s Saylor was the richest man in entire Washington with a net worth of around $7 billion.
The 2000s saw Michael J. Saylor reach heights from where there was no going back. It seemed as if he was unconquerable. That is when the tables turned completely leaving Saylor in absolute dismal. In March 2000, Saylor and two of his executives were charged with forgery and fraud in the financial statements of MicroStrategy for the past two years, by the SEC. After months of legal battles, in December, Saylor made a settlement with the SEC by paying $350,000 as penalties. In addition to that, he also paid $8.3 million as disgorgement. This was not all. After the statements were re-assessed, and the true financial statements were released, the stock prices dropped meteorically. Saylor’s net worth fell suffered a demolition of $6 billion.
June 2012 saw Saylor turn into an author when he released his only book “The Mobile Wave: How Mobile Intelligence Will Change Everything”. The book was a hit and it got listed on the New York Times Bestsellers list. This helped him pull back his reputation which had suffered a major blow.
2020 finally saw MicroStrategy pull back its wealth when Saylor saw a huge opportunity in investments in Bitcoin. He invested the majority of MicroStrategy’s liquid cash into bitcoins. Currently, MicroStrategy holds bitcoins worth more than a billion dollars. Saylor personally has more than $500 million in bitcoins. His aggressive approach and large holdings in bitcoins earned him the title of “Whale” in the cryptocurrency markets.
Moving forward with his passion for bitcoin investments, on August 8, 2022, Saylor stepped down as the CEO of MicroStrategy and passed on the baton to Phong Le, the company’s president. Saylor now operates as the Executive Chairman who looks over the bitcoin acquisitions and develops strategies regarding further investments.
He also founded the Saylor Academy which has provided free education to students worldwide.
Awards & Achievements of Michael J. Saylor
In 1996, Saylor was recognized as Entrepreneur of the Year by KPMG Washington. In 1997, he was honored with the Software Entrepreneur of the Year award from Ernst & Young. The following year, he made it to the Top 10 Entrepreneurs list published by the Red Herring Magazine. In 2018, Michael J. Saylor received the International SeaKeeper Award. Apart from these he has also been honored and recognized for his investments in Bitcoins.
Major Investments and Assets of Michael J. Saylor
The majority of Michael J. Saylor’s assets are his bitcoin holdings which are roughly estimated to be around 17000 bitcoins. Saylor’s bitcoin holdings are worth over $1 billion.
He also holds the stocks of his company MicroStrategy which also forms a major part of his assets. Apart from that, Saylor has around 40 patents in his name.
Must Watch Latest Video and Trending Photographs of Michael J. Saylor
This video is a treat to the admirers of Michael J. Saylor wherein he dives into the details of his life and his company.
Instagram Handle of Michael J. Saylor
