Last updated on March 7th, 2023 at 11:58 am
Introduction
Michael J. Saylor is a prominent American business executive and entrepreneur. Saylor is the co-founder and executive chairman of the software company MicroStrategy.
He is a strong proponent of Bitcoin, which he has been advocating for the past few years. As one of the most influential figures in the world of technology and finance, Michael Saylor has had an interesting career journey. Here are the top 10 facts about him.Â
1. Education
Michael Saylor was born in 1965 in Lincoln, Nebraska. He grew up in a middle-class family and was an avid reader from a young age. Saylor attended the Massachusetts Institute of Technology (MIT). He received a bachelor’s degree in aerospace engineering and a master’s degree in aeronautics and astronautics.
2. Founded his company at an early age
After graduating in the late 1980s, Saylor was an early adopter of the internet. In 1989, Saylor co-founded MicroStrategy with two other MIT graduates, Sanju Bansal and Howard Zane.
His company initially focused on providing consulting services to businesses, but later shifted to developing software products. Today, MicroStrategy is a leading provider of enterprise analytics and mobility software. More than 4,000 employees and a market value of over $13 billion.
3. Great Business Acumen
Michael Saylor is known for his business acumen and strategic thinking. He has been instrumental in steering MicroStrategy through many challenges and helping the company grow into a global leader.
In the early 1990s, he played a key role in expanding the company’s operations into Europe and Asia. In the 2000s, he successfully navigated the company through the dot-com bubble and the 2008 financial crisis.
Michael Saylor was one of the early investors in Bitcoin. Saylor’s company MicroStrategy has been investing in cryptocurrency since August 2020.
4. Technology Lover
While Saylor is a passionate advocate for the use of mobile technology to transform businesses and industries.
Michael Saylor is an avid collector of ancient Greek and Roman coins. He has one of the largest collections of such coins in the world, with over 3,000 items in his possession. He is also a member of the American Numismatic Society and has published several articles on ancient coinage.
In addition to his work at MicroStrategy, Saylor is also involved in various philanthropic and civic organizations. He is a member of the Council on Foreign Relations and the World Economic Forum, and has served on the boards of several non-profit organizations. He is also a major donor to MIT, where he has established several scholarships and research fellowships.
5. Avid Reader
Saylor is an avid reader and learner, and he has been known to read up to 80 books per year. He is particularly interested in history, biographies, and philosophy.
Michael Saylor is a philanthropist, and he has donated millions of dollars to various charitable causes over the years. He is particularly passionate about education, and he has made significant contributions to a number of schools and educational institutions.
6. Book Author
Saylor is an author and public speaker. He has written several books on business intelligence and entrepreneurship, and he has given numerous talks on these topics at conferences and other events.
A few of his contributions include,
The Mobile Wave: How Mobile Intelligence Will Change Everything and
The Mobile Mind Shift: Engineer Your Business for Success in the Mobile World
He is a frequent keynote speaker at industry conferences and has given talks at prestigious institutions such as MIT and Harvard Business School.
7. Michael Saylor Networth
Michael Saylor network is estimated to be $1.6 Billion at present. It has reduced from $2.3 Million in 2021 due to the bear run in the cryptocurrency market. He has invested aggressively in Bitcoin & other cryptocurrencies.
He is supposedly the 4th most richest Cryptocurrency investor in the world.
Michael Saylor Network is expected to increase drastically once the cryptocurrency gets into a bull mode as MicroStrategy is buying Bitcoin at relatively low prices at present.
8. First To Invest In Bitcoin
In 2021, MicroStrategy became the first publicly traded company to invest its treasury holdings in Bitcoin. This move has made the company the largest institutional owner of Bitcoin in the world, with more than $4.1 billion invested.
He has been a pioneer in the use of AI at MicroStrategy, and has led the company’s efforts to develop and deploy advanced analytics and machine learning technologies.
In 2016, he launched the MicroStrategy AI Lab, a dedicated team of AI experts focused on exploring the latest developments in the field.
9. Venture Capitalist
Over the years, Saylor has garnered a reputation for being a thought leader and expert in the field of business intelligence, and he has made numerous contributions to the technology industry.
Saylor is also the creator of a cryptocurrency-focused venture capital firm called the Saylor Foundation. Saylor has received numerous awards and accolades for his work in the tech industry. “In 2010, the American Business Awards named him “CEO of the Year,” and in 2013 he was inducted into the Washington Business Hall of Fame. In 2016, Michael Saylor was recognized as one of the “100 Most Influential People.”
10. Tax Fraud
In recent years, Saylor has become a vocal advocate for the use of cryptocurrencies, particularly Bitcoin. He has made significant investments in digital currency and has spoken extensively about its potential as a store of value and a medium of exchange.
In April 2021, Michael Saylor was sued by the District of Columbia Attorney General Karl Racine, in relation to a tax fraud case of a whopping $25 Million.
11. Convinced Elon on Buying Bitcoin
In January 2021, Saylor successfully convinced Tesla CEO Elon Musk to invest $1.5 billion in Bitcoin, sending its price soaring to new heights.
After stepping down from his role as CEO of MicroStrategy, Saylor became the executive chairman so he could concentrate more on the company’s Bitcoin acquisition strategy and related advocacy initiatives.
Conclusion
Michael Saylor, a highly accomplished businessman, and entrepreneur has made significant contributions to the technology industry and is known for his intelligence, dedication to learning, and philanthropy.
He continues to be a leading figure in business intelligence and entrepreneurship.
