Introduction
Michael Dell is a household name in the world of technology. Born in 1965, Michael is an American entrepreneur, investor, and philanthropist who founded Dell Technologies, one of the largest technology companies in the world. After selling newspaper subscriptions at age 12, he used his own money to start a business selling upgrades for personal computers.
His innovative approach saw until technology rolled out some of the most advanced systems on the market, including laptops, desktops, and servers. This was how he built the foundation for what would become Dell Computers Inc., now known as Dell Technologies.
Early Life
Michael Dell was born in 1965 in Houston, Texas, and grew up in an entrepreneurial family. His father, Alexander Dell was a gynecologist, and his mother, Lorraine Charlotte Dell, was a stockbroker who taught him business fundamentals at an early age.
He started his own computer business as a teenager while attending high school, selling upgrade kits and kits to build custom PCs. This experience ultimately led to the launching of one of the first large-scale direct marketing companies for personal computers, Dell Computer Corporation.
Net Worth
Michael Dell is one of the world’s wealthiest businessmen, with a net worth estimated at nearly $52 billion. The son of an orthodontist and a stockbroker, he formed his first computer company in his college dorm room in 1984.
His pioneering business strategy was to create custom desktop computers for individuals rather than aiming solely at large corporate buyers like his competitors. This bold move proved extremely successful, and Michael Dell guided the company through its expansion into becoming one of the largest computer manufacturers in the world. In 1997, he took Dell public and, throughout the 2000s, became even wealthier as the company continued to perform extremely well on Wall Street.
Trivia
Did you know that he was both an Eagle Scout and National Merit Scholar while growing up? He also attended the University of Texas at Austin, earning a pre-med undergraduate degree. Only four years later, in 1985, he founded the company which is now known as Dell Technologies! Since its inception, Dell Technologies has gone on to become one of the leading computer software companies worldwide.
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