Michael Dell Biography– Michael Dell (born February 23, 1965 in Houston, Texas, United States) is an American entrepreneur, businessman, and author who is best known as the founder and CEO of Dell Inc., one of the world’s largest personal computer manufacturers (PCs). In 2016, he was named CEO of Dell Technologies, the newly established parent company.
Dell founded his computer company (formerly known as PCs Limited) in 1984 while still a student at the University of Texas at Austin. Dell had sold $80,000 worth of laptops by the second half of his freshman year.
He stepped out of college at the age of 19 to focus solely on his business, which went public in 1988. When the product line expanded to include more than personal computers, PCs Limited became Dell Computer Corporation, and eventually Dell Inc.
Dell’s corporate philosophy was to increase PC market share by reducing costs, shortening delivery times, and offering exceptional customer service. To do so, he employed experienced executives to occupy company positions as well as serve as personal mentors, and he focused on direct sales outside of traditional retail locations.
Dell became the youngest CEO in history to have his company listed in Fortune magazine’s top 500 firms in 1992. Dell described the tale of the company’s development and gave strategies applicable to all organizations in his book Direct from Dell: Strategies That Revolutionized an Industry (1999).
Dell resigned as CEO of the firm in 2004, but remained chairman of the board. He was a member of the World Economic Forum’s Foundation Board and the International Business Council’s Executive Committee. He also served on the governing board of the Indian School of Business in Hyderabad and on the President’s Council of Advisors on Science and Technology in the United States.
Who is Michael Dell ?
Michael Dell is a $51 billion business entrepreneur, investor, philanthropist, and author from the United States.
He grew up in a Jewish home in Houston, the son of Lorraine Charlotte, a stockbroker, and Alexander Dell, an orthodontist.
He went to Houston’s Herod Elementary School and invested his money from part-time jobs in equities and precious metals when he was younger.
He applied to take a high school equivalency exam at the age of eight in an attempt to enter the business world early.
He had already purchased his first calculator at the age of seven, and in junior high, he came across an early teletype terminal.
He then obtained his first Apple II at the age of 15, which he rapidly disassembled to discover how it worked.
At the age of 12, he began working as a dishwasher and soon promoted to maître d’. It later accompanied him to Memorial High School in Huston, where he attended. In the summer, he used to sell Houston Post subscriptions there.
Michael Dell Net Worth: How much does he have?
Michael Dell has a net worth of $51 billion in dollar corporate executive and technology entrepreneurship from the United States.
Dell dropped out of college and abandoned his incomplete medical degree in order to launch a highly profitable computer repair business.
Dell, Inc. grew out of this $1,000 investment. Dell is now a publicly traded firm with annual revenues of nearly $90 billion. As of this writing, Michael owns nearly half of Dell.
Michael Dell Career?
In his career, Michael Dell was always fascinated by technology and gadgets. He bought an early Apple computer at the age of 15 in order to disassemble it and learn how it worked.
He began producing computers and selling them directly to customers while still in college, emphasizing on good customer service and lower rates. Dell was the world’s largest PC manufacturer.
Dell discovered the niche that would become his boom in college. Dell recognized that no company had tried selling directly to customers because the PC industry was still young. Dell tapped his savings account for $1,000 and began producing and selling computers for people he knew from college, bypassing the middleman and markups.
His focus wasn’t just on amazing machines, but also on strong customer service and lower rates. Dell dropped out and concentrated all of his efforts on his business after establishing accounts outside of school.
The figures were astonishing. Dell made $6 million in his first full year of operation in 1984. Dell was a billionaire by the year 2000, with offices in 34 countries and more than 35,000 employees. Dell Computer surpassed Compaq Computer as the world’s largest PC manufacturer the following year.
Michael Dell Age: How old is he?
Michael Saul Dell age is 57 years, born February 23, 1965 in Houston, Texas and he is the founder and CEO of Dell, Inc. in the United States.
Dell grew up in a family where Judaism was practiced extensively. Dell attended Herod Elementary School in Houston, Texas, as the son of an orthodontist and a stockbroker.
Michael Dell Wife: Susan Dell
Michael Dell is married to his wife by name Susan Dell. Susan Dell is the co-founder and chair of the Michael & Susan Dell Foundation’s board of directors.
Susan and her husband Michael founded the organization in 1999 as parents of four children, with the goal of improving the lives of children and families living in urban poverty.