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Just saw that Michael Saylor hit the Bloomberg Billionaires Index for the first time, which is pretty wild. Dude's sitting at around $7.37 billion in net worth now and cracked into the top 500 richest people globally at rank 491. What's crazy is his net worth jumped by a full billion dollars since January - that's 15.8% growth in just a few months.
Most of his wealth is locked up in MicroStrategy stock though. Out of that $7.37B, only about $650 million is actual cash. The rest, roughly $6.72 billion, is all MSTR holdings. Makes sense considering how bullish he's been on the company and bitcoin. The stock itself has been doing solid too - up nearly 12% during the same period.
It's an interesting case study in how tied someone's net worth can be to their company's performance. Michael Saylor's net worth basically moves with MicroStrategy's stock price at this point. Curious to see if he stays on that billionaires list or if it keeps climbing from here.