Michael Saylor Joins Bloomberg Billionaires Index with $1 Billion Net Worth Increase

According to PANews, Michael Saylor, co-founder and executive chairman of Strategy, has seen his net worth surge by $1 billion since the beginning of the year, earning him a spot on the Bloomberg Billionaires Index for the first time. Saylor is ranked 491st on the index, with an estimated net worth of $7.37 billion, marking a 15.80% increase since January 1. During the same period, Strategy's (MSTR) stock price rose nearly 12%, according to Google Finance data. The Bloomberg Billionaires Index tracks the net worth of the world's 500 wealthiest individuals. Saylor's fortune includes approximately $650 million in cash, with the remaining $6.72 billion held in Strategy stock.