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Name
Michael Dell
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Born
February 23, 1965 (age 59) |
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Source
Dell Technologies
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Industry
Technology
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Dell got his start at 19 selling computers out of his University of Texas dorm room, grossing $80,000 by the end of his freshman year. Dell's MSD Capital owns the Four Seasons Maui, plus indirect stakes in Applebees, IHOP, Calvin Klein and reportedly Grand Central Station.
Michael Dell is the chairman and CEO of Dell Technologies, which was formed in 2016 when Dell merged with computer storage giant EMC. The estimated $60 billion Dell-EMC merger was the largest technology acquisition ever. In late 2018 Dell Technologies returned to public markets through a complicated financial restructuring. Much of Dell's fortune lies in his private investment firm MSD Capital, which has stakes in hotels and invests in liquid corporate credit. In 2017, Dell donated $1 billion to his foundation, which focuses on child poverty; it makes both impact investments and charitable donations.