Michael Dell Net Worth is$15 Billion
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Profession: Entrepreneur, Businessperson
Date of Birth: Feb 23, 1965
Nicknames: Michael Dell, Michael Saul Dell
Ethnicity: Jewish people
Country: United States of America
Michael Dell, a business executive with a net worth of $15 billion, is the founder, chairman and Chief Executive Officer (or CEO) of the computer company Dell Inc. Michael Dell knew that he wanted to go into business early in life and eventually dropped out of college and his pursuit of a pre-med degree in order to repair and manufacture computers with a small support staff. This $1000 venture eventually grew to become Dell, Inc, easily surpassing other PC manufacturers like Compaq. Much of that net worth comes from his 12 percent interest in the company he founded, as well as from his ventures with many other companies. Dell has been involved with computers of some kind since the age of 7, when he is said to have gotten his first calculator. He quickly discovered a knack for both computers and business - one story has him so adept at selling newspaper subscriptions that as a young high school student he surpassed his teachers in terms of annual income. What would eventually become Dell Incorporated began while Dell was still in college at the Austin campus of the University of Texas, building and selling upgrade kits for personal computers. The business took off and he eventually applied for and received a vendor's license, and began outbidding bigger companies due to his not having to worry about the expenses associated with an actual computer store. From there, it was only a matter of time before Dell Inc. was one of the most popular computer brands around.
Michael Saul Dell (born February 23, 1965) is an American business magnate and the founder, chairman and chief executive officer of Dell Inc. He is 41 on 2012 Forbes Billionaires list, with a net worth of US$15.5 billion as of March 2012. In 2011, his 243.35 million shares of Dell stock were worth $3.5 billion, giving him 12% ownership of the company. His remaining wealth of roughly $10 billion is invested in other companies, and managed by a firm called MSD Capital (named after Dell's initials).
Michael Dell was born to a well-off, Texan family, on February 23, 1965. The son of an orthodontist and a stockbroker, Dell attended Herod Elementary School in Houston, Texas. 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 his first teletype machine in junior high, which he programmed after school. 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. While making cold calls, Dell observed that newlyweds and people moving into new homes were most likely to buy a subscription. He targeted this demographic group by collecting names from marriage and mortgage applications. Dell earned $18,000 that year, exceeding the annual income of his history and economics teacher.
While a freshman pre-med student at the University of Texas at Austin, Dell started an informal business putting together and selling upgrade kits for personal computers in room 2713 of the Dobie Center residential building. He then applied for a vendor license to bid on contracts for the State of Texas, winning bids by not having the overhead of a computer store.
In January 1984, Dell banked on hi

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Michael Dell says EMC merger working out better than expected

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Posted: November 28, 2017, 1:07 pm

Michael Dell says EMC merger has exceeded promise

The combined tech juggernaut of Dell and Hopkinton-based EMC is bringing in billions more in revenue each year than expected, CEO Michael Dell of Dell Technologies said. “It’s gone very well. We found the cultures were actually quite similar and the ...
Posted: November 28, 2017, 9:28 pm
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