just saw that michael saylor finally hit billionaire status - his net worth jumped a cool $1 billion since january and now he's on the bloomberg list for the first time. pretty wild considering where he was just a few months ago. ranked 491st with $7.37 billion, which is a 15.80% jump year-to-date according to the data.

most of that wealth is locked up in MSTR stock though - like $6.72 billion of it. only has around $650 million sitting in cash. the stock itself is up like 12% during the same period, so that's where the gains are coming from. michael saylor's fortune is basically tied to how MSTR performs at this point.

kind of interesting how quickly someone's net worth can shift in crypto-adjacent markets. bloomberg tracks the 500 richest people globally and he just cracked the list. wonder how long he stays on there given how volatile everything is.