Michael Dell Bio | Wiki
Michael Dell is an American billionaire businessman and philanthropist. He serves as the founder, chairman, and CEO of Dell Technologies, one of the world’s largest technology infrastructure companies.
Dell is ranked the 20th richest person in the world by Bloomberg Billionaires Index, with a net worth of $60 billion as of February 2022. In 2011, his 243.35 million shares of Dell stock were worth $3.5 billion, giving him 12% ownership of the company. Dell’s remaining wealth of roughly $10 billion is invested in other companies and is managed by MSD Capital, which incorporates his initials.
In January 2013 it was announced that he had bid to take Dell Inc. private for $24.4 billion in the biggest management buyout since the Great Recession. Dell Inc. officially went private in October 2013. The company once again went public in December 2018.
Michael Dell Age
Michael was born on February 23, 1965, in Houston, Texas, United States. He is 57 years old.
Michael Dell Height
He is a man of average stature and stands at a height of 5 ft 7 in (Approx. 1.70 m).
Michael Dell Family
He was born in Houston, to his parents Lorraine Charlotte and Alexander Dell. Dell’s mother was a stockbroker while his father was an orthodontist. He grew up in a Jewish family.
Michael Dell Wife
Dell is married to his beautiful wife Susan Lieberman. The couple celebrated their wedding on October 28, 1989, in Austin, Texas. Together, they have four children Alexa Dell, Zachary Dell, Kira Dell, and Juliette Dell, and reside in Austin, Texas.
Michael Dell Education
He attended Herod Elementary School in Houston. Dell later enrolled at Memorial High School. In a bid to enter business early, he applied to take a high school equivalency exam at age eight. In his early teens, he invested his earnings from part-time jobs in stocks and precious metals.
Dell purchased his first calculator at age seven and encountered an early teletype terminal in junior high. At age 15, after playing with computers at Radio Shack, he got his first computer, an Apple II, which he promptly disassembled to see how it worked. Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer.
Dell’s parents wanted him to be a doctor and in order to please them, he took up pre-med at the University of Texas in 1983. He continued learning to target specific populations for newspaper subscriptions rather than just making cold calls, and earned $18,000 that summer. He hired several employees, and after earning a gross profit of nearly $200,000 in his first year of business, Dell dropped out of the University of Texas at age 19.
Michael Dell Dell Technologies
He is the founder, chairman, and CEO of Dell Technologies, one of the world’s largest technology infrastructure companies. In 1992, aged 27, Dell became the youngest CEO of a company ranked in Fortune magazine’s list of the top 500 corporations. In 1996, he started selling computers over the Web, the same year his company launched its first servers.
Dell Inc. soon reported about $1 million in sales per day from dell.com. In the first quarter of 2001, Dell Inc. reached a world market share of 12.8 percent, surpassing Compaq to become the world’s largest PC maker. In 2013, Dell with the help of Silver Lake Partners, Microsoft, and a consortium of lenders took Dell, Inc. private. He received a 75% stake in the private company.
On October 12, 2015, Dell Inc. announced its intent to acquire the enterprise software and storage company EMC Corporation. At $67 billion, it has been labeled the “highest-valued tech acquisition in history”. The acquisition was finalized on September 7, 2016.
Michael Dell Book
Dell’s 1999 book, Direct from Dell: Strategies That Revolutionized an Industry, is an account of his early life, his company’s founding, growth, and missteps, as well as lessons learned. The book was written in collaboration with Catherine Fredman. His second book, Play Nice But Win: A CEO’s Journey from Founder to Leader, is a story of inside battles that defined him as a leader. The book was written in collaboration with James Kaplan.
Michael Dell Net Worth
He earns his wealth from his career, thus, he has amassed a fortune over the years. Dell’s estimated net worth is $50.3 billion.
Who Is Michael Dell Married To
Dell is married to his beautiful wife Susan Lieberman. The couple celebrated their wedding on October 28, 1989, in Austin, Texas. Together, they have four children and reside in Austin, Texas.