Michael Saylor, who earned $1 billion this year, enters the world's top 500 billionaires

It was revealed that the wealth of Michael Saylor, head of Strategy (formerly MicroStrategy), the largest holder of Bitcoin (BTC), increased by $1 billion (about 1.33 trillion won) this year. CEO Saylor has for the first time been listed on the 'Bloomberg Billionaires Index' as a result of this asset increase.

On the 7th (Korean time), crypto-focused outlet Cointelegraph reported that CEO Saylor ranked 491st on the Bloomberg Billionaires Index. According to the Bloomberg Billionaires Index, CEO Saylor's net worth was calculated at $7.37 billion (about 10.7 trillion won), a 15.80% increase from the beginning of the year.

The background to CEO Saylor's asset increase is a surge in Strategy's stock price. An analysis of CEO Saylor's assets shows that, excluding cash assets of $650 million (about 903.1 billion won), the remaining $6.72 billion is the valuation of Strategy's stake. Year-to-date, Strategy's stock price rose about 12%, and CEO Saylor holds about an 8% stake in Strategy.

Among other figures in the virtual asset industry, Coinbase CEO Brian Armstrong (234th, $12.8 billion) and Binance founder Changpeng Zhao (40th, $44.5 billion) were included in the Bloomberg Billionaires Index.