Michael Dell

Michael Dell

Chief Executive Officer at DELL TECHNOLOGIES INC.

Net worth: 48 761 M $ as of 2024-06-29

59 year
Electronic Technology
Technology Services
Finance

Profile

Michael Dell is the founder of Dell Inc., the second largest computer manufacturer in the world. With a net worth of about $ 14.6 billion, the Texas billionaire was the 44th richest man in the world according to Forbes 2011.

During the preparation of his degree in physics at the University of Texas, at Austin. Michael Dell spends all his time to the creation of PC's Limited, an IT company. PC’s Limited only manufactures custom-built computers. In 2004, Michael Dell founded the company Dell with only $ 1000.

Anxious to streamline its expenditures, Michael Dell develops an innovative strategy which, by assembling customized computers (only made-to-order) ensures to avoid costly and unnecessary inventory management. The concept really works so Michael Dell leaves the school to devote to the launch of Dell Computer Corporation. With a turnover of $ 35 billion and $ 2 billion of profits in 2002, Dell generates enormous profits.

In 2004, Michael Dell gives up his seat to Kevin Rollins as CEO but keeps the position of Chairman of the Board of Directors.

Taking advantage of the internet boom, Dell realizes nearly 50% of its business online. Every day, the company generates about $ 40 million.

But in 2007, Dell makes a succession of errors; delivery time are not guaranteed anymore, the manufacturer has to bring back nearly 4.2 million of defective batteries and HP, the main Dell’s competitor takes the first place. Michael Dell fires Kevin Rollins and takes charge.

The founder of the Texas firm manages to put Dell in the good direction but nevertheless his fortune markedly reduces because of the crisis and the decline in Dell stock prices.

Following the example of Bill Gates, Michel Dell has created “Michael and Susan Dell Foundation”, a foundation committed in education and health.

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
2024-04-30 328,224,977 ( 92.86% ) 45 266 M $ 2024-06-29
2024-06-13 21,792,241 ( 7.14% ) 3 005 M $ 2024-06-29
2024-04-28 70,000,000 ( 100.00% ) 490 M $ 2024-06-29

Michael Dell active positions

CompaniesPositionStart
SECUREWORKS CORP. Chairman 2011-03-31
DELL TECHNOLOGIES INC. Chief Executive Officer 1983-12-31
MSD ACQUISITION CORP. Corporate Officer/Principal 2021-03-23
Indian School of Business Corporate Officer/Principal -
Founder 2008-12-31
Chief Executive Officer 2022-11-08
Chief Executive Officer -
Chief Executive Officer -
Chief Executive Officer -
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All active positions of Michael Dell

Former positions of Michael Dell

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See the detail of Michael Dell's experience

Training of Michael Dell

The University of Texas at Austin Graduate Degree

Experiences
Positions held

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Private companies

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Connections

100 +

1st degree connections

29

1st degree companies

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Female

Members of the board

Executives

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Linked companies

Listed companies2
SECUREWORKS CORP.

Technology Services

DELL TECHNOLOGIES INC.

Electronic Technology

Private companies25

Electronic Technology

Electronic Technology

Finance

Electronic Technology

Health Services

Technology Services

Electronic Technology

Technology Services

Technology Services

Electronic Technology

Electronic Technology

Commercial Services

Distribution Services

Commercial Services

Technology Services

Distribution Services

Technology Services

US Business Council

Finance

Electronic Technology

Miscellaneous

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