The Washington PostThe Washington Post

D.C.'s bitcoin king: Yachts, penthouses, a python - and tax dodging?

By Justin Jouvenal

14 Nov 2022 · 9 min read

The Washington Post explores the lavish lifestyle of Michael Saylor and reveals how whistleblowers unraveled what could be one of the largest tax scams in city history.

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Michael Saylor amassed a multibillion-dollar fortune, splurging to combine three Washington, D.C., penthouses into a palatial 7,000-square-foot residence, snapping up a 154-foot yacht dubbed Mr. Terrible and throwing lavish soirees including one where he was draped with an albino python.

All the while, the tech titan did not pay income tax in the District of Columbia for years and bragged about it to friends, anonymous whistleblowers allege. They said he told people they were "fools" if they did not buy a home in Florida as he did and claim to live there. The state has no income tax.

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