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United States Michael Dell is a visionary entrepreneur and technology leader, best known as the founder, chairman, and CEO of Dell Technologies, who fundamentally reshaped the IT industry.
Founded Dell Technologies in 1984 with $1000, envisioning a new way to design, manufacture, and sell technology.
Collaborated with Microsoft and Silver Lake Partners to take Dell, Inc. private in a $25 billion deal.
Led Dell Inc.'s acquisition of EMC Corporation for $67 billion in 2015, forming Dell Technologies.
Partnered with Nvidia and ServiceNow to develop 'AI factories' aimed at providing scalable AI infrastructure solutions to enterprise clients.
Partnered with Nvidia and ServiceNow to develop 'AI factories' aimed at providing scalable AI infrastructure solutions to enterprise clients.
Expressed excitement to build upon the existing partnership with Lowe's Companies, Inc. and hear from Seemantini Godbole at Dell Technologies World.
Michael Dell, born on February 23, 1965, in Houston, Texas, displayed an early aptitude for business and investment. During his early teens, he invested earnings from part-time jobs in stocks and precious metals. While studying pre-med at the University of Texas in 1983, Dell began an informal business of assembling and selling personal computer upgrade kits from his dorm room. Recognizing an opportunity to deliver computers directly to consumers, cutting out traditional retail markups, he founded PC’s Limited in 1984 with $1,000. This direct-sales model allowed him to quickly gain market share, selling between $50,000 and $80,000 worth of computer components and systems from his condominium by January 1984. He subsequently incorporated the company as Dell Computer Corporation, moving to a business center in North Austin.
Dell’s company experienced rapid growth, leading him to become the youngest CEO ever to be ranked on the Fortune 500 in 1992 at the age of 27. Under his leadership, Dell Computer Corporation pioneered online computer sales starting in 1996, and by March 1997, dell.com was generating approximately $1 million in sales daily. The company’s innovative approach and efficient supply chain contributed to its ascent, and by the first quarter of 2001, Dell Inc. surpassed Compaq to become the world’s largest PC manufacturer, a position it held for several years, demonstrating significant growth in shipments during a period when competitors experienced declines.
A significant turning point in Dell’s career occurred in 2013 when, with the support of Silver Lake Partners, Microsoft, and other lenders, he took Dell Inc. private in a $25 billion management buyout. This strategic move enabled him to orchestrate the acquisition of EMC Corporation in 2015 for $67 billion, forming Dell Technologies, which became one of the world’s largest IT infrastructure companies. Dell Technologies later returned to public markets in 2018. In addition to his corporate leadership, Michael Dell established MSD Capital (now DFO Management) in 1998 to manage his family’s capital and co-founded the Michael & Susan Dell Foundation in 1999, focusing on global health and education initiatives.
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