Last Updated: 29 Feb, 2024 | Views: 1379
Age: 59
Profession: Business Men
Other Profession(s): Philanthropist
Famous For: Founder of Dell Technologies Inc.
Higher Education: College Dropped Out
Net Worth: $48.3 billion
About (Profile/Biography):
Michael Saul Dell is a millionaire and philanthropist from the US. He founded, chairs, and acts as CEO for Dell Technologies. A major global provider of technology infrastructure. Dale finds himself in the 20th spot on Bloomberg’s Billionaires Index with a net worth of billion as early as February 2022. In 2011 he held 12% of the business which came down to around .5 billion in Dell stocks valued at around 3.35 million. The remaining billion he invested into other businesses and is managed by MSD Capital which has his initials on it.
Career:
In 1984: Dell staked his business on the idea that a manufacturer selling computers directly would have significant financial benefits over the traditional indirect retail route.
In 1992: He was appointed the youngest CEO of a business included among the top 500 companies by Fortune magazine.
In 1998: To oversee the investments of his family, Dell established MSD Capital L.P.
In 2013: Dell successfully took Dell, Inc. private with assistance from Silver Lake Partners, Microsoft, and a group of lenders.
In 2014: He gave the Friends of the Israel Defense Forces $1.8 million.
In 2013: He got the Bower Award for Business Leadership from the Franklin Institute.
Achievements and Awards:
In 1998: Dell was awarded the Golden Plate Award by the American Academy of Achievement.
In 2002: Dell was awarded an honorary doctorate in Economics from the University of Limerick.
In 2013: He got the Bower Award for Business Leadership from the Franklin Institute.
Unknown Facts:
The company began with $1,000 in initial funding and expanded so quickly that its 1988 initial public offering increased its price to $30 million.
Dell's huge campus sprawls across 2.1 million square feet. The campus is a completely "green" campus, powered completely by wind sources that convert landfill emissions into energy.
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