Michael Saul Dell, a multibillionaire businessman, and philanthropist from the United States was born on February 23, 1965. He is the company’s founder, chairman, and CEO. Dell Technologies is one of the biggest global providers of technology infrastructure. According to the Bloomberg Billionaires Index, Michael Dell net worth is $45 billion as of October 2022, placing him as the 24th richest person in the world.
With 243.35 million shares of Dell stock valued at $3.5 billion in 2011, he owned 12% of the business. His estimated $10 billion in remaining wealth is managed by MSD Capital, which bears his initials, and is invested in various businesses. His offer to take Dell Inc. private for $24.4 billion, the largest management buyout since the Great Recession, was made public in January 2013. In October 2013, Dell Inc. formally became a private company. In December 2018, the business went public once more.
Michael Dell net worth is $45 billion
Michael Dell Biography
On February 23rd, 1965, Michael Saul Dell was born in Houston, Texas. Jewish-born Michael took a high school equivalency exam at the age of eight because he was so keen to enter the corporate world. With the money he had made from doing part-time jobs, he indulged in his passions as a teenager by making investments in stocks and precious metals. While Michael was seven years old, he bought a calculator, and when he was in high school, he saw an early teletype terminal. These were some of his earliest computer-related experiences.
After playing with them at the neighborhood Radio Shack for years, he finally bought his own computer when he was 15 years old. It was an Apple II, which Dell promptly disassembled in order to learn how it operated. In his teen years, Michael worked as a dishwasher and sold newspaper subscriptions to make money.
Michael’s parents wanted him to become a doctor even though it was obvious that he was passionate about business and computers. Dell consented to enroll in pre-medicine at the University of Texas in 1983 as per their request. He carried on promoting “Houston Post” subscriptions throughout the summer. Eventually, simply from this early company possibility, he was bringing in $200,000 annually. Understandably, Michael left college at the age of 19 to devote himself entirely to a career as an entrepreneur.
Michael Dell net worth is $45 billion
| Real Name | Michael Saul Dell |
| Nick Name: | Michael Dell |
| Birth Place: | Houston, Texas, United States |
| Date Of Birth/Birthday: | 23 February 1965 |
| Age/How Old: | 57 years old |
| Height/How Tall: | In Centimeters – 170 cmIn Feet and Inches – 5′ 5″ |
| Weight: | In Kilograms – 70 kgIn Pounds – 154 lbs. |
| Eye Colour: | Brown |
| Hair Colour: | Brown |
| School: | Herod Elementary School, Memorial Senior High School |
| College: | The University of Texas at Austin |
| Religion: | Jewish |
| Nationality: | American |
| Zodiac Sign: | Pisces |
| Gender: | Male |
| Father: | Lorraine Charlotte Dell |
| Mother: | Alexander Dell |
| Sexual Orientation: | Straight |
| Wife: | Susan Lynn Lieberman |
| Kids/Children Name: | Alexa Dell, Zachary Dell, Juliette Dell, Kira Dell |
| Profession: | CEO of Dell Technologies |
| Michael Dell Net Worth: | $45 Billion |
Michael Dell Physical Appearance
| Height | In Centimeters – 170 cmIn Feet and Inches – 5′ 5″ |
| Weight | In Kilograms – 70 kgIn Pounds – 154 lbs. |
| Eyes | Brown |
| Hairs | Brown |
| Build | Lean |
Michael Dell Net Worth
Founder and CEO Michael Dell net worth is $45 billion in 2022. The majority of Dell’s wealth comes from his ownership of publicly traded computer products manufacturer Dell Technologies. According to the company’s 2022 proxy statement, Dell owns almost half of the business, including 32 million shares held by a trust for his wife.
Through a special dividend, Dell Technologies finalized the spin-off of VMWare in November 2021. After the separation, Dell now controls around 170 million VMWare shares, according to a regulatory filing.
His cash investments’ value is determined by insider trading, taxes, market performance, dividends from Dell Technologies, and charitable contributions. Along with cash and other assets, his family office’s investments, MSD Capital, are listed.
Real estate accounts for a large amount of Michael Dell’s wealth. Some of these properties are for Michael’s personal use, while others are for investments. His acquisition of a penthouse on Manhattan’s Billionaire’s Row for well over $100 million in 2014 may have been his most remarkable acquisition. It was the most expensive house in New York at the time. The One57 skyscraper in Midtown houses the six-bedroom residence, which is slightly under 11,000 square feet in size and takes up the full 89th and 90th floors.
He spent $40 million on another Boston penthouse in 2017. The Four Seasons Private Residences building on Dalton Street houses this unit. The skyscraper was the tallest residential structure in Boston when it was finished. Another property in Los Cabos, Mexico, was listed for $18.5 million with the claim that it is only for investment purposes.
Michael Dell net worth is $45 billion
Michael Dell Net Worth Growth
| Michael Dell Net Worth in 2022 | $45 Billion |
| Michael Dell Net Worth in 2021 | $52 Billion |
| Michael Dell Net Worth in 2020 | $49 Billion |
| Michael Dell Net Worth in 2019 | $47 Billion |
| Michael Dell Net Worth in 2018 | $45 Billion |
| Michael Dell Net Worth in 2017 | $43 Billion |
Michael Dell Professional Career
In Room 2713 of the Dobie Center residential complex, while still a first-year pre-med student at the University of Texas, Dell established a side business creating and selling upgrade kits for personal computers. He subsequently submitted an application for a vendor license to bid on contracts for the State of Texas, winning them due to his lack of a computer store expense.
In January 1984, Dell staked his business on his view that the potential cost savings of a manufacturer selling PCs directly outweighed the traditional indirect retail channel by a wide margin. Dell registered his business in January 1984 under the name “PC’s Limited.” The company, which operated out of a condo, supplied PC upgrades, kits, and supplemental parts for between $50,000 and $80,000. In May, Dell moved the operation to a business complex in North Austin and established the corporation as “Dell Computer Corporation.” There were a few employees working as order takers, a few more filling orders, and, as Dell recalled, “three guys with screwdrivers sitting at six-foot tables” made up the manufacturing workforce. The capitalization expenditure for the project was $1,000.
At the age of 27, he was named the youngest CEO of a business included in Fortune magazine’s top 500 firms in 1992. In 1996, the same year his business introduced its first servers, Dell began selling computers online. Soon Dell Inc. announced daily sales from Dell.com of roughly $1 million. In the first quarter of 2001, Dell Inc. surpassed Compaq to take the top spot among PC manufacturers with a global market share of 12.8%. Over the preceding seven years, the ranks had not changed until the introduction of the measure. While sales of rival companies were declining, the company’s total shipments of desktops, laptops, and servers increased 34.3 percent globally and 30.7 percent domestically. Michael Dell net worth kept rising during this period.
To oversee his family’s investments, Dell established MSD Capital L.P. in 1998. Publicly traded securities, private equity ventures, and real estate are all examples of investment activity. The company includes offices in New York, Santa Monica, and London with 80 employees. The daily operations are not handled by Dell. On March 4, 2004, Dell resigned as CEO of Dell Inc. but continued to serve as the company’s board chairman. Kevin Rollins, who had previously served as president and COO, then took over as CEO. At the board’s request, Dell took Rollins’ place as CEO on January 31, 2007.
In 2013, Michael Dell successfully took Dell, Inc. private with the aid of Silver Lake Partners, Microsoft, and a group of lenders. According to reports, the transaction cost $25 billion and encountered challenges throughout its completion. Carl Icahn demonstrated notable opposition, but he eventually withdrew. 75% of the private corporation was given to Michael Dell.
Dell Inc. made the announcement that it would be acquiring EMC Corporation, a provider of business software and storage, on October 12, 2015. The “highest-valued tech acquisition in history” has been described as being worth $67 billion. On September 7, 2016, the acquisition was completed.
Michael Dell net worth is $45 billion
Michael Dell Family and Relationships
On October 28, 1989, Dell married Susan Lieberman in Austin, Texas; the couple now resides there with their four kids. There are no other details available on Michael Dell’s private life as he focuses on his professional career and keeps his personal separate from it.
Michael Dell Rumors and Controversies
In order to resolve SEC charges of disclosure and accounting fraud relating to unreported payments from Intel Corporation, Dell Inc. consented to pay a $100 million fine in July 2010. In order to resolve the allegations, former CFO James Schneider agreed to pay $3 million, former CEO Michael Dell paid $4 million, and former CEO Kevin Rollins paid $4 million apiece.
Michael Dell Social Media Accounts
Facts
- Michael Saul Dell, a multibillionaire businessman, and philanthropist from the United States was born on February 23, 1965.
- He is the founder and CEO of Dell Technologies Inc.
- He was born in Houston, Texas, U.S.
- Michael Dell’s parents wanted him to become a doctor, thus he enrolled at the University of Texas in 1983.
- Michael Dell net worth is $45 billion in 2022.
- He dropped out of university at the age of 19 to pursue a full entrepreneurial career.
- He is married to Susan Lynn Lieberman since 1989.
- Michael is the father of 4 children.
- He is also the founder of MSD Capital, which manages his and his family’s wealth and investments.
- Adam Dell is the brother of Michael Dell, who is an American venture capitalist.
Michael Dell net worth is $45 billion
Frequently Asked Questions about Michael Dell
What is Michael Dell net worth?
Michael Dell net worth is $45 billion.
What is the age of Michael Dell?
Michael Dell is 57 years old (February 23, 1965).
Where was Michael Dell born?
Michael Dell was born in Houston, Texas.
What is the height of Michael Dell?
Michael Dell has a height of 5 feet 5 inches.
Why is Michael Dell famous?
Michael Dell is famous for being the founder and CEO of Dell Technologies Inc., one of the world’s biggest technology companies.
Who is Michael Dell married to?
Michael Dell is married to Susan Lynn Lieberman since 1989.
How many children Michael Dell has?
Michael Dell is the father of 4 children.
What other companies does Michael Dell work in?
Michael Dell is also the chairman at VMware.
When did Michael Dell drop out of university?
Michael Dell dropped out of the university at the age of 19.
How many books has Michael Dell written?
Michael Dell has written 2 books to date.
Conclusion
Michael Dell net worth is $45 billion. He is the founder and CEO of Dell Technologies Inc., one of the world’s largest technology companies. He is married to Susan Lynn Lieberman since 1989. He is the father of 4 children. Michael Dell is also the chairman at VMware. He is also the founder of MSD Capital, which manages his and his family’s wealth and investments.
Michael Dell net worth is $45 billion
