Michael Dell is the founder and the Chief Executive Officer of one of the popular technology infrastructure companies which are known as Worldwide Dell Technologies. In addition to this, he also is a champion of one of the charity foundations he formed together with his wife which is known as Michael and Susan Dell Foundation that assists the poor, infancy health, city education, and financial stabilities of families. Today, let’s find out more about how much the net worth of Michael Dell is in 2020.
Early Life & Biography
Michael Dell got born in Texas, in the United States on 23rd February 1965 with his full name being Michael Saul Dell. He is born to his parents by the name Alexander Dell who was his father and was an orthodontist and his mother by the name Lorraine Charlotte who was a stockbroker. Michael Dell went to Herod Elementary School which is located at Houston. Due to the willingness to get to the business field at an early age, he attempted taking a high school equivalency examination while he was at the age of 8 years.
In his childhood, he learned most of the financial affairs from his mother which led to the increase in the desire to join the business world. From the jobs he had as a teenager, he would invest the cash obtained into precious metals together with stocks after which he became technologically attracted by having his first computer at the age of 15 years. He then joined the Memorial High School located in Houston from which he made the sale of subscriptions to Houston Post. He later enrolled in the University of Texas located in Austin in 1983 though he dropped out to concentrate on his business which had gained much popularity.
He is one of the celebrities who maintain privacy in their personal lives. He tied knots together with Susan Lynn Lieberman in the year 1989 with whom they have four children together.
Career, Awards & Nominations
He commenced his career at a very young age from the high passion he had on the business field. In the year 1984, Michael Dell registered ‘PC’s Limited’ which was his company then later changed this company into Dell Computer Corporation in May 1984. This company had then grown such that it had some employees. Having his priorities based on excellent customer service as well as providing quality products, he had much of the company’s popularity from it and led to a subsequent increase in sales.
He began purchasing components and began to design computers by building them in 1985 from which he introduces a 12-megahertz 286 processor which became the fastest computer of that time. He then priced them at low costs to be able to compete with IBM which led to increased sales to a greater range. The company continued growing in which it made many profits which made it appear in one of the most successful companies in the world while Dell was just 27 years old.
He introduced an online presence in 1994 from which he released www.dell.com from which the company began to make online sales which subsequently grew. They introduced their first servers in the year 1996, and storage products in the year 1998. He then later created the MSD Capital L.P. that was responsible for managing the family’s investment activities such as private equity activities, publicly traded securities and real estate. He has also won some awards such as the Entrepreneur of the Year while at the age of 24 years, CEO of the year as well as the 2013 Bower Award for Business Leadership.
Net Worth & Earnings
Michael Dell has an estimated net worth of $24 billion from which he has also been listed as the 37th wealthiest person in the world. This bounteous net worth comes from his successful career in his company the Dell Inc. he has many other investments which also have contributed to his much earnings.
Michael Dell is a person of the human heart in which he donates much of his wealth to assist other people who are challenged and misfortunate persons. He has been seen to donate to the Israel Defense Forces, as well as to the Hurricane Harvey among many others. He owns a foundation together with his wife for helping needy persons.