Michael Dell
$142.9B
Born
Feb 23, 1965
Age
60
Source of Wealth
Dell Technologies
Residence
Austin, Texas
Citizenship
United States
Marital Status
Married
Children
4
Education
Drop Out, The University of Texas at Austin
- Michael Dell is chairman and CEO of Dell Technologies, which formed in 2016 via Dell's $60 billion merger with computer storage giant EMC.
- In late 2018 Dell Technologies returned to public markets through a complicated financial restructuring.
- Dell's cloud software arm, VMware, spun off in 2021; Microchip firm Broadcom bought it in 2023 for $69 billion, 39% of which went to Dell.
- Much of Dell's fortune lies in his private investment firm DFO Management, which has stakes in hotels and invests in liquid corporate credit.
- In 2023, Dell gifted over $3 billion worth of cash and stock to his foundation, which focuses on child poverty, and his donor-advised fund.
- Dell got his start at 19 selling computers out of his University of Texas dorm room, grossing $80,000 by the end of his freshman year.
- Dell's DFO Management owns the Four Seasons Maui, plus indirect stakes in Applebees, IHOP, Calvin Klein and reportedly Grand Central Station.
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