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 Latest News

Johnson & Johnson CEO Alex Gorsky to stay on Trump's manufacturing council

Grandstanders should not have gone on. JOBS!" Trump tweeted late Tuesday morning. Other business leaders who have agreed to stay on include Michael Dell of Dell Technologies, Andrew Liveris of Dow Chemical Company, and Jeff Fettig of Whirlpool, according ...
Posted: August 15, 2017, 2:21 pm

Pressure on CEOs Rises as Fourth Trump Job Council Member Resigns

More than 30 were hurt in total as a result of events at the rally. The council’s remaining members include Dow Chemical CEO Andrew Liveris, Harris CEO Bill Brown, Dell CEO Michael Dell, Johnson & Jonson CEO Akex Gorsky, GE CEO Jeff Immelt, Campbell Soup ...
Posted: August 15, 2017, 2:36 pm

‘Grandstanders’: Trump Lashes Out as CEOs Pressured to Denounce Racism

U.S. President Donald Trump (C) delivers opening remarks during a meeting with (L-R) Wendell Weeks of Corning, Alex Gorsky of Johnson & Johnson, Michael Dell of Dell Technologies and other other business leaders in the Roosevelt Room at the White House ...
Posted: August 15, 2017, 2:39 pm

The Golden Age of Dell Computers

In 1984, 19-year-old college student Michael Dell founded his own IBM PC-compatible computer business called PC's Limited in Austin, Texas. His breakthrough approach involved selling high-quality, custom-configured systems through mail order and telephone ...
Posted: August 11, 2017, 7:02 am

Critics call on Michael Dell to leave Trump advisory council

Pressure is mounting on Dell Technologies founder and CEO Michael Dell to resign from a manufacturing council that advises President Donald Trump. Over the past two days, four chief executives have resigned Trump advisory panels in protest over his ...
Posted: August 15, 2017, 2:24 pm
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