Michael Dell – Short Biography. [18], While a freshman pre-med student at the University of Texas, Dell started an informal business putting together and selling upgrade kits for personal computers in Room 2713 of the Dobie Center residential building. His father Alexander was an orthodontist and his mother Lorraine was a stockbroker. In 2006, the foundation provided $50 million in grants to three health-related organizations associated with the University of Texas: the Michael & Susan Dell Center for Advancement of Healthy Living, the Dell Pediatric Research Institute to complement the Dell Children's Medical Center, as well as funding for a new computer science building at the University of Texas at Austin campus. He also was on the U.S. President’s Council of Advisors on Science and Technology and sat on the governing board of the Indian School of Business in Hyderabad. Now, He owns a 7-bedroom, 12 … Michael Dell Family. He is the founder, chairman and CEO of Dell Technologies, one of the world's largest technology infrastructure companies. [15] Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer. In 1992 Dell became the youngest CEO in history to have his firm enter Fortune magazine’s list of the top 500 corporations. Michael Dell, (born February 23, 1965, Houston, Texas, U.S.), American entrepreneur, businessman, and author, known as the founder and CEO of Dell Inc., one of the world’s leading sellers of personal computers (PCs). Background. [5] In January 2013 it was announced that he had bid to take Dell Inc. private for $24.4 billion in the biggest management buyout since the Great Recession. The company employed a few people as order takers, a few more to fill the orders, and, as Dell recalled, a manufacturing staff consisting of "three guys with screwdrivers sitting at six-foot tables". [17] He hired several employees, and after earning a gross profit of nearly $200,000 in his first year of business, Dell dropped out of the University of Texas at age 19. [31][32] The acquisition was finalized September 7, 2016. Dell had seen an opportunity the big players had missed. Once more details are available on who he is dating, we will update this section. Investment activities include publicly traded securities, private equity activities, and real estate. "The power of virtual integration: An interview with Dell Computer's Michael Dell. When they paid him a surprise visit, he rushed to hide his inventory of computer parts in a friend's room. Nonetheless, as Compaq, Gateway and other PC manufacturers fell, Dell stood its ground and became the most profitable PC manufacturer in the world. This is despite the fact that Dell had average grades in high school, dropped out of college, and was told he would never get anywhere. Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and philanthropist. Net Worth. Campaign to End Childhood Obesity", "The Michael and Susan Dell Foundation: Private Company Information - Businessweek", Michael Dell Conferred with Honorary Doctorate from the University of Limerick, "Dell family foundation to donate $60 million for UT medical school, local health care", "Hollywood gala raises a record $33 million for IDF", "Tech billionaire Michael Dell pledges $36 million to Harvey relief efforts", https://www.forbes.com/profile/michael-dell/#22e256436ce0, https://en.wikipedia.org/w/index.php?title=Michael_Dell&oldid=991095997, American chief executives of manufacturing companies, Private equity and venture capital investors, Memorial High School (Hedwig Village, Texas) alumni, Wikipedia pending changes protected pages, All Wikipedia articles written in American English, Articles with unsourced statements from July 2020, All articles with vague or ambiguous time, Wikipedia articles with SNAC-ID identifiers, Wikipedia articles with SUDOC identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Magretta, Joan. With $1,000, he started Dell in his University of Texas dorm room in 1984 when he was 19. Once more details are available on who he is dating, we will update this section. They have four children. Short Biography. Michael Dell is an American business magnate best known as the founder, chairman and CEO of Dell Incorporated. Michael Dell was born on February 23, 1965, in Houston, Texas. From an early age, however, Dell had an interest in business. Dell also received the 1998 Golden Plate Award of the American Academy of Achievement[36] and the 2013 Franklin Institute's Bower Award for Business Leadership. Michael Saul Dell, the founder, chairman and CEO of Dell, was born on February 23, 1965 in Houston, Texas. [38], In April 2020, Governor Greg Abbott named Dell to the Strike Force to Open Texas – a group "tasked with finding safe and effective ways to slowly reopen the state" during the COVID-19 pandemic. Michael Dell: Technology must reflect our humanity and our values. Michael Dell’s mother’s name is unknown at this time and his father’s name is under review. Named after its founder, Michael Dell, the company is one of the largest technology corporations in the world, employing more than 165,000 people in the U.S. and around the world. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. Updates? He is most famous for being the founder and CEO of Dell Technologies which is one of the world's largest technology brands. reported about $1 million in sales per day from dell.com. Biography of Michael Dell Last update: 4 days ago. Michael Dell joined Dell Technologies in 1984. But before long, his business grew too big to conceal. [27], In 1998, Dell founded MSD Capital L.P. to manage his family's investments. Michael Dell ist der Sohn eines Kieferorthopäden und wuchs in liberal-jüdischen, gutbürgerlichen Verhältnissen auf. He served on the Foundation Board of the World Economic Forum and the executive committee of the International Business Council. His father was a stockbroker and an orthodontist and mother was a money manager. [48], By 2011, the foundation had committed more than $650 million to children's issues and community initiatives in the United States, India and South Africa. Notably quoted as saying that “technology is about enabling human potential,” Michael’s vision of how technology should be designed, manufactured and sold forever changed the IT industry. Michael Dell attended Herod Elementary School in Houston. Michael Dell was born on February 23, 1965 in Houston, United States. The Dell Medical School began enrolling students in 2016. At age 27, Michael Dell was the youngest CEO on the Fortune 500 list of the largest American companies. Mike Dell is worth 12.3 billion as of 2009. How much is Michael S. Dell worth? [23][24], In 1992, aged 27, he became the youngest CEO of a company ranked in Fortune magazine's list of the top 500 corporations. When Michael Dell was a freshman at the University of Texas, his parents were concerned that his entrepreneurial interests would interfere with his pre-medical studies. The foundation, which by 2005 had an endowment of more than $1 billion, gave millions of dollars to help victims of the 2004 tsunami in southern Asia. [52], In 2014, he donated $1.8 million to the Friends of the Israel Defense Forces. [46] Since 1999, the MSDF has committed $1.23 billion to non-profits and social enterprises in the United States, India and South Africa. Michael Dell. Having begun selling computers out of his dorm room at the University of Texas, Dell pioneered the concept of selling computers directly to consumers, built to their specifications and without the added costs of retail distributors. Michael Saul Dell (born February 23, 1965) is an American business magnate, investor, philanthropist, and author. Michael S Dell Biography [2] He is ranked 27th richest in the world by Forbes, with a net worth of $27.2 billion as of April 2020. Occupations. Dell Inc. Michael Dell is known as an American businessman, investor, philanthropist, and author. The book was written in collaboration with Catherine Fredman. He was all of 19 years of age at that time. Michael Dell was born on February 23, 1965 in Houston, Texas, USA as Michael Saul Dell. Michael Dell Biography. Our editors will review what you’ve submitted and determine whether to revise the article. So let’s go to friends Michael Dell’s Intimating Life Story from the beginning. 4.4 out of 5 stars 374. entrepreneur, founder of Dell Computer Corporation Born: 2/23/1965 Birthplace: Houston, Tex. Trivia. he is self-made and entrepreneur. This video is about Dell Technologies founder Michael Dell Success Story or Biography in Hindi. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. Notable resistance came from Carl Icahn, but after several months he stepped aside. Business Magnate. Personal Life. Like many famous people and celebrities, Michael Dell keeps his personal life private. Date of birth. Michael Dell and former CEO Kevin Rollins agreed to pay $4 million each and former CFO James Schneider agreed to pay $3 million to settle the charges. 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. [28] On March 4, 2004, Dell stepped down as CEO, but stayed as chairman of Dell Inc.'s board, while Kevin Rollins, then president and COO, became president and CEO. [3], In February 2018, it was reported that in 2014, Dell had paid $100.5 million for Manhattan's One57 penthouse, which was then a record for the most expensive home ever sold in the city. [34], Accolades for Dell include "Entrepreneur of the Year" (at age 24) from Inc. magazine;[35] "Top CEO in American Business" from Worth magazine; "CEO of the Year" from Financial World, Industry Week and Chief Executive magazines. In May, Dell incorporated the company as "Dell Computer Corporation" and relocated to a business center in North Austin. It is one of the biggest PC product companies in the world. Michael Dell's recent purchase of the Boca Raton Resort & Club is closer to $1 billion rather than closer to half-a-billion dollars. The company's combined shipments of desktops, notebooks and servers grew 34.3 percent worldwide and 30.7 percent in the United States at a time when competitors' sales were shrinking. He was ranked the 41st richest person in … - Michael is an honorary member of the Foundation Board of the World Economic Forum and is an executive committee member of the International Business Council. [20][21][22], In January 1984, Dell banked on his conviction that the potential cost savings of a manufacturer selling PCs directly had enormous advantages over the conventional indirect retail channel. Michael Dell is chairman and chief executive officer of Dell Technologies, an innovator and technology leader providing the essential infrastructure for organizations to build their digital future, transform IT and protect their most important information. He has been married to Susan Lieberman since October 28, 1989. He is the founder, chairman and CEO of Dell Technologies, one of the world's largest technology infrastructure companies. [citation needed] In his early teens, he invested his earnings from part-time jobs in stocks and precious metals. Related Biography: Jennie Kim. Dell Inc. officially went private in October 2013. Michael Dell : biography 23 February 1965 – Michael Saul Dell (born February 23, 1965) is an American business magnate, philanthropist, and author. [11] He would go on to attend Memorial High School. by Spider Books | Oct 23, 2012. His net Worth of $39.2 Billion. When Michael Dell was a freshman at the University of Texas, his parents were concerned that his entrepreneurial interests would interfere with his pre-medical studies. Biography of Michael Dell Michael Dell, the founder of the world's leading computer company "Dell Technologies", started brainstorming from his childhood when he started investing at the age of 10 and by the time he was 12, he started his career in 2000. Michael Saul Dell was born on February 23, 1965, Houston, Texas. He is ranked 27th richest in the world by Forbes, with a net worth of $27.2 billion as of April 2020. His father Michael is an American billionaire businessman and philanthropist who was ranked as the 27th richest person in the world by Forbes, with a net worth of $31.0 billion as of October 2019. Michael Saul Dell (* 23.Februar 1965 in Houston, Texas) ist ein US-amerikanischer Unternehmer.Er gründete den weltweit drittgrößten PC-Hersteller Dell Technologies und fungiert heute als dessen Chairman und CEO weiter.. Biografie Ausbildung. Michael Dell helped launch the personal computer revolution in the 1980s with the creation of the Dell Computer Corporation, now known as Dell Inc. Synopsis Born on February 23, 1965, in Houston, Texas, Michael Dell showed an early interest in technology and gadgets. He is most famous for being the founder and CEO of Dell Technologies which is one of the world's largest technology brands. Let us know if you have suggestions to improve this article (requires login). [12] In a bid to enter business early, he applied to take a high school equivalency exam at age eight. "Dell remembers his beginning while looking toward the future". Michael Dell is an American business magnate who founded Dell Inc. The company continued to struggle, however, and in 2013 Dell announced plans to buy out investors and take the company private. Maybe you know about Michael Dell very well But do you know how old and tall is he, and what is his net worth in 2020? Dell is an American multinational computer technology company that develops, sells, repairs, and supports computers and related products and services. In his book Direct from Dell: Strategies That Revolutionized an Industry (1999), Dell outlined the story of the company’s development and provided strategies applicable to all businesses. After experiencing setbacks in 2006—including a 4.1-million-unit recall and an overhaul of the customer service division struggling with complaints—Dell Inc., lost the title of world’s largest PC manufacturer to Hewlett-Packard. Omissions? Articles from Britannica Encyclopedias for elementary and high school students. Michael Dell was born on February 23, 1965 in Houston, Texas, USA as Michael Saul Dell. [51], In 2012, the Michael and Susan Dell Foundation committed $50 million for medical education. [4] His remaining wealth of roughly $10 billion is invested in other companies and is managed by MSD Capital, which incorporates his initials. Career. Biography Michael Saul Dell (born 23 February 1965, in Houston, Texas) is an American businessman and the founder and CEO of Dell, Inc.. Dell was born into a family which liberally practiced Judaism. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree.... Get exclusive access to content from our 1768 First Edition with your subscription. In 2016 he became CEO of the newly formed parent company, Dell Technologies. In 2004 Dell stepped down as CEO of the company, but he remained chairman of the board. Michael Dell Bio Details. [42][43][44], In 1999, Michael and Susan Dell established the Michael and Susan Dell Foundation, which focuses on, among other causes, grants, urban education, childhood health and family economic stability. [25] In 1996, Dell started selling computers over the Web, the same year his company launched its first servers. Corrections? Michael Dell received a 75% stake in the private company. At $67 billion, it has been labeled the "highest-valued tech acquisition in history". By the second half of his freshman year, Dell had sold $80,000 worth of computers. Michael Dell made his first $1,000 at the age of 12 selling stamps. [50], In 2002, Dell received an honorary doctorate in Economic Science from the University of Limerick in honor of his investment in Ireland and the local community and for his support for educational initiatives. In 2016 he became CEO of the newly formed parent company, Dell Technologies. [41], Dell married Susan Lieberman on October 28, 1989, in Austin, Texas; the couple reside there with their four children. Michael Dell, (born February 23, 1965, Houston, Texas, U.S.), American entrepreneur, businessman, and author, known as the founder and CEO of Dell Inc., one of the world’s leading sellers of personal computers (PCs). While he attended to premed studies, Dell continued to upgrade and resell computers, finding customers among students and local business-people through word-of-mouth. He dropped out of the University of Texas at Austin when he was 19 to build PC’s Limited, his company then, full time. Michael Dell (21st Century) is known for Painting. Male. On January 31, 2007, Dell returned as CEO at the request of the board, succeeding Rollins. Michael Dell. [45] In 2013, the foundation provided an additional $50 million commitment to establish the Dell Medical School at the University of Texas at Austin. 53. By 1991, Michael Dell was among America’s hundred richest citizens and the spotlight suddenly trained on the couple and their lives. Michael Dell is an American business magnate best known as the founder, chairman and CEO of Dell Incorporated. Michael Saul Dell. Paperback $11.29 $ 11. [53], In 2017, in the wake of Hurricane Harvey, Dell, a Houston native, pledged $36 million to relief efforts. Michael Saul Dell (Houston, 23 februari 1965) is de oprichter van computergigant Dell.Met een vermogen van 29 miljard dollar (2020) behoort hij tot de 50 rijkste mensen ter wereld.. Hij is de zoon van een orthodontist en groeide op in Houston, Texas in een gegoede joodse familie. by Michael Lewis | Jan 6, 2014. Michael Dell, Chairman of the Board and Chief Executive Officer, Dell. - Michael is an honorary member of the Foundation Board of the World Economic Forum and is an executive committee member of the International Business Council. In 2016 he oversaw what was then the largest tech deal as Dell acquired the computer-storage corporation EMC for some $67 billion. Susan and Michael are sharing a strong bonding and no such news about their divorce and extra-marital affairs. A heated battle with shareholders, led by Carl Icahn, ensued over the price of stock. Short Biography. He is one of the richest people in the world, ranked 44 with a net worth of $14.6 billion in 2011. Michael was enterprising and entrepreneurial even as a kid, selling newspaper subscription and was earning more than his teachers in high school. Michael Dell's birthday and biography. He dropped out of college at age 19 to run his company full-time, eventually going public in 1988. ", This page was last edited on 28 November 2020, at 06:39. Michael Dell Biography in Hindi, And More Details Information About Michael Dell in Hindi Language - डैल टेक्नॉलजी के पीछे है इस महान शख़्स का प्रयास He is ranked 27th richest in the world by Forbes, with a net worth of $27.2 billion as of April 2020. Michael Dell. [6] The company once again went public in December 2018. 3.7m Followers, 177 Following, 3,371 Posts - See Instagram photos and videos from Shemar Moore (@shemarfmoore) Michael Dell Bio. [47] Dell is also behind the founding of the Dell Jewish Community Campus in the Northwest Hills neighborhood of Austin. By the time his parents made a surprise visit in Novembe… Birth place. Purple Gradient, Acrylic on Linen, 2020 - Michael Dell. Dell determined that he could compete with retail computer dealers by selling direct to consumers at a lower price and offering better technical service, but his parents had another idea—that Dell should become a physician. [29], In 2013, Michael Dell with the help of Silver Lake Partners, Microsoft, and a consortium of lenders took Dell, Inc. private. But he was not an academic. Zachary Dell parents, age and Michael Dell. We will continue to update information on Michael Dell’s parents. They have four children. Dell went to the University of Texas at Austin in fall 1983. He previously served as a member of the U.S. President's Council of Advisors on Science and Technology. Artist auction records. [55], In 2018 Dell Technologies returned to public markets through a complicated financial restructuring. Dell had seen an opportunity the big players had missed. By Michael Dell, CEO, Dell @MichaelDell. Fact 2 The founder initially named the company PC’s Unlimited and the name was changed to Dell Inc only in 2003. At the age of eight, he sent away for information on taking a high school equivalency exam, which, if he passed, would make him a high school graduate without having to endure the remaining years of school. But Michael S. Dell proved us wrong. Dell's parents wanted him to be a doctor and in order to please them, he took up pre-med at the University of Texas in 1983. [49] Today the foundation has over $466 million assets under management. PCs Limited later became the Dell Computer Corporation and ultimately Dell Inc., when the product line expanded to include more than personal computers. In 1999 Dell and his wife, Susan, formed the Michael & Susan Dell Foundation to manage the investments and philanthropic efforts of the Dell family. Michael Dell ist Chairman des Board of Directors und Chief Executive Officer bei Dell, dem Unternehmen, das er 1984 im Alter von 19 Jahren mit einem Startkapital von 1.000 USD gründete. Michael Dell's house or more appropriately, “The Castle” sits atop 33,000 ft of hilltop on the outskirts of Austin. Britannica Kids Holiday Bundle! Get it as soon as Mon, Aug 31. Michael Dell – Short Biography. Michael Dell: A Biography. Dell was a billion-dollar company, and it had grown big and unwieldy. Background. Michael Dell's parents: Michael Dell's father is Alexander Dell Michael Dell's mother is Lorraine Dell. Michael Dell’s mother’s name is unknown at this time and his father’s name is under review. Blue Velvet Gradient, 2020 - Michael Dell . [12][19] 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. Dell's parents hoped he would follow his father and study medicine. Michael Saul Dell Networth . Dell and the investment firm Silver Lake Partners ultimately purchased (2013) the computer company for nearly $25 billion. We will continue to update information on Michael Dell’s parents. - In June 2014, Michael was named the United Nations Foundation's first Global Advocate for Entrepreneurship. The public parent company Dell Technologies was formed, with Dell as CEO. Untitled / At Maungatapu, 4 Parts, 2019 - Michael Dell. Michael Saul Dell (born February 23, 1965) is an American business magnate, investor, philanthropist, and author. Michael Saul Dell, the founder, chairman and CEO of Dell, was born on February 23, 1965 in Houston, Texas. [40], Forbes estimates Dell's net worth as of July 2020 at $35.9 billion. Michael Dell is an American business magnate, philanthropist and author known for being the founder and CEO of Dell Inc. Michael Saul Dell Birthday. [39], Dell's 1999 book, Direct from Dell: Strategies That Revolutionized an Industry (by HarperBusiness), is an account of his early life, his company's founding, growth and missteps, as well as lessons learned. As of now, Michael Dell has a net worth of US $19 billion, which makes him the 47th richest person in the world, and 26 th in the United States of America. People ask me all the time, "How can I become a successful entrepreneur?" As a student of the University of Texas at Austin, Dell started his computer business (originally called PCs Limited) in 1984 with $1,000 in start-up capital. Michael Dell, a renowned entrepreneur, author and the founder as well as the chief executive officer of Dell Inc, was born on 23rd February 1965 in Houston, Texas. Fact 1 Michael Dell built and sold computers by himself in 1984, right out of his dorm room. [13], Dell purchased his first calculator at age seven and encountered an early teletype terminal in junior high. Michael was enterprising and entrepreneurial even as a kid, selling newspaper subscription and was earning more than his teachers in high school. [7], Dell was born in 1965 in Houston, to a Jewish family whose surname reflects the translation into English of the original German Thal ("valley" or "dale"; modern common-noun spelling Tal since the 1901 German orthographic reform[8]) upon the family's immigration to the United States. Fact 3 In 1985, the company built its first in-house designed computer called the “Turbo PC” which was sold for a sum of $795. Michael Saul Dell is an American business magnate and the founder and chief executive officer of Dell Inc.He is one of the richest people in the world, with a net worth of US$14 billion in 2010. He is one of the richest people in the world, ranked 44 with a net worth of $14.6 billion in 2011. Related Biography: Jennie Kim. In 2006 it donated $50 million to the University of Texas at Austin. 29 $16.95 $16.95. Every Valley, 2019. Two things inspired Dell more than anything; first came his parents and the second was business. View Michael Dell's Family Tree and History, Ancestry and Genealogy. Michael Dell is known as an American businessman, investor, philanthropist, and author. NOW 50% OFF! Michael Dell - La biographie y compris les photos de l’enfance, du lycée et la première vidéo de télévision + L'ethnicité et vérification gay ou hétéro. Pcs ) first Global Advocate for Entrepreneurship ] [ 32 ] the acquisition was finalized September 7 2016! Dell Jewish Community Campus in the Northwest Hills neighborhood of Austin 28th October.... And was quickly promoted to maitre d ' personal computer revolution when he founded Inc. Can I become a successful entrepreneur? Mon, Aug 31 signing for... World Economic Forum and the second was business a heated battle with shareholders led. Texas dorm room in 1984 when he founded Dell Technologies founder michael Dell 's house or appropriately. 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