Co-founder and executive chairman of Strategy Michael Saylor has increased his wealth by nearly $1 billion since the beginning of the year. His net worth rose by 15.8% to $7.37 billion, securing him the 491st place in the Bloomberg Billionaire 500 Index.

During the same period, shares of Strategy (MSTR) increased by nearly 12%, according to data from Google Finance.

According to the Bloomberg index, about $650 million of Saylor's wealth consists of cash assets, while the remaining $6.72 billion is tied to shares of his company.

Saylor joined other crypto billionaires on the Bloomberg list, including Coinbase CEO Brian Armstrong, whose wealth is estimated at $12.8 billion (234th place), and Binance founder Changpeng "CZ" Zhao, who ranks 40th with $44.5 billion.

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