Michael Dell: CEO of Dell Technologies

Megha Rani Megha Rani
Nov 20, 2020 5 min read
Michael Dell: CEO of Dell Technologies

Michael Saul Dell is the Founder, Chairman and CEO of Dell Technologies, which is one of the largest technology infrastructure companies. He is an American businessman and philanthropist. The Forbes ranked him as the 27th richest man in the world with a net worth of $35.9 billion as of July, 2020.

About Michael Dell

Michael Dell- Biography

Name Michael Saul Dell
Born 23 February, 1965
Birthplace Houston, Texas, U.S.
Age 55 (2020)
Nationality American
Education Herod Elementary School; Memorial High School
Profession Entrepreneur
Position Founder, Chairman & CEO, Dell
Net Worth $37.6 billion (November, 2020)
Father Alexander Dell
Mother Lorraine Charlotte
Brother Adam Dell
Marital Status Married
Spouse Susan Lynn Lieberman
Children 4

Michel Dell- Personal Life
Michel Dell- Education
Michel Dell- Early Life
Michel Dell- Professional Life
Michel Dell- Startup
Michel Dell- Dell Technologies
Michel Dell- Write ups
Michel Dell- Awards
Michel Dell- Annexures

Dell | American multinational company | Company Profile |
Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Dell Inc., formerly called β€œPC’s Limited” (1984–88), is a global company thatdesigns, develops, a…

Michel Dell- Personal Life

Michael Dell was born to a Jewish family in 1965 in Houston, US. His father, Alexander Dell was an orthodontist and his mother, Lorraine Charlotte was a stockbroker. His parents wanted Michael to be a doctor and he took pre-med course to please his parents. But, destiny wrote something desirable for him and he eventually became an entrepreneur. He married Susan Lieberman on October 28, 1989 and the couple currently reside in Austin, Texas with four of their children.

Michel Dell- Education

Michael Dell completed his primary education from Herod Elementary School. He later studied from Memorial High School. At eight, he applied to take a high school equivalency exam to enter business early. He studied pre-med from the University of Texas in 1983. He dropped out of the University at the age of 19.

Michel Dell- Early Life

At the age of 7, he bought his first calculator and came across an early teletype terminal in junior high. At age 12, he got a job as a dish-washer and was instantly promoted to maitre d' hotel.

During his early teens, he invested the money that he made through the part-time jobs in stocks and precious metals. After playing with computers at Radio Shack, he got his first computer Apple II at the age of 15. He promptly disassembled his computer to see how it worked. While attending his high school, he sold subscriptions to the Houston Post in the summer.

Michel Dell- Professional Life

Michael focused on learning skills to target specific populations for newspaper subscriptions rather than making phone calls, and eventually earned $18,000. He then hired various employees and earned nearly $200,000 in his first year of business. He knew where he could excel and thus he dropped out of the University of Texas at age 19. He established a PC manufacturing company Dell Inc. and later founded MSD Capital L.P. to maintain his family investments.

List of the Most Famous Entrepreneurs You Must Know About | 2020 Updated
Famous and popular entrepreneurs [https://startuptalky.com/tag/entrepreneurs/] are the one who changed the way the world think about stuff. These popular andfamous inspirational business [https://startuptalky.com/tag/business-2/…

Michel Dell- Startup

Michael Dell started selling upgrade kits for personal computers in his residential building. He then applied for a vendor license to stake on the state contracts of Texas.

In January, 1984, Dell inclined towards his opinion of gaining more advantage by potential cost savings through manufacturing PCs than indirect retail channel. The same year Michael registered his company as "PC's Limited".

In May 1984, Michael incorporated the firm as "Dell Computer Corporation" and relocated to a business center in North Austin. The capitalization cost of the venture was $1,000.

At age 27, he became the youngest CEO of a company ranked in the top 50 corporation list of Fortune magazine in 1992. Dell started selling computers over the web in 1996. The same year, Dell Inc. launched its first servers. Soon, the company reported $1 million per day in sales from dell.com.

Michel Dell- Dell Technologies

Dell Logo

During the first quarter of 2001, Dell Inc. grossed a market share of 12.8% and became the world's largest PC maker. Over the last seven years, it was the first time when rankings were changed. At a time when competitors' sales were decreasing, Dell's combined shipments of desktops, notebooks and servers grew 34.3% worldwide and 30.7% in the US.

Michael's 243.35 million shares of Dell.Inc stock were worth $3.5 billion, which gave him 12% ownership of the company in 2011. His remaining investments counts to $10 billion and it is managed by his other company, MSD Capital. It was declared in 2013 that he had to bid to take Dell Inc. private for $24.4 billion in the biggest management buyout. Thus Dell Inc. officially became private in 2013. While, it became public again in 2018.

Michel Dell- Write ups

Michael Dell wrote a book in 1999 named, Direct from Dell: Strategies That Revolutionized an Industry. The book is an account of his early life, his company's establishment, growth and faults from which he learned lessons. The book was published under HarperBusiness in collaboration with Catherine Fredman.

Lei Jun Biography: Co-Founder of Xiaomi Inc.
The 21st Century will be earmarked forever by the evolution of mobile phones.Mobile phones paved way for several innovations and inventions that changed theway we function, that too for good. The transformation from black and whitecellphones to smart devices is an intriguing one. Present day smar…

Michel Dell- Awards

  • At age 24, Michael Dell was declared as the "Entrepreneur of the Year" by Inc. magazine.
  • Top CEO in American Business from Worth magazine
  • CEO of the Year from Financial World and Chief Executive magazines
  • The 1998 Golden Plate Award of the american Academy of Achievement
  • The 2013 Franklin Institute's Bower Award for Business Leadership

Michel Dell- Annexures

Michael Dell served as a member of the US President's Council of Advisors on Science and Technology. He serves on the Foundation Board of the World economic Forum, executive committee of the US Business Council.

During the COVID-19 pandemic, in April 2020, Governor Greg Abbott called Dell to the Strike Force to Open Texas- a group "tasked with finding safe and effective ways to slowly reopen the state."

Must have tools for startups - Recommended by StartupTalky

Subscribe to StartupTalky

Get the latest insights delivered to you right in your inbox

Great! Next, complete checkout for full access to StartupTalky.
Welcome back! You've successfully signed in.
You've successfully subscribed to StartupTalky.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.
Grow your Skills and advance your career with LinkedIn Learning ->