- Michael Dell built tech empire from dorm room startup
- Company now focuses on AI solutions, stock soaring
- Dell’s net worth exceeds $100 billion, joining centibillionaire club
Humble Beginnings
Michael Dell’s journey to tech stardom began in his University of Texas dorm room, where he built and sold custom PCs. This side hustle quickly evolved into PC’s Limited in 1984, grossing over $6 million in its first year.
By 1988, the newly renamed Dell Computer Corp. went public, making 23-year-old Dell the youngest CEO of a Fortune 500 company.
Riding the Tech Waves
Dell’s business acumen shone through market ups and downs. He took the company private in 2013, fending off activist investor Carl Icahn.
Two years later, Dell orchestrated a $67 billion acquisition of EMC, catapulting his firm to new heights. The company returned to public markets in 2018, setting the stage for its next act.
AI’s New Golden Boy
Today, Dell Technologies is riding high on the AI boom. The company’s stock has surged over 300% in two years, propelling Michael Dell’s net worth past $100 billion.
With a broad suite of AI solutions, from servers to AI PCs, Dell is positioning itself at the forefront of the AI revolution. As Michael Dell puts it, “I’m incredibly excited about it. We love being in the middle of it.”
