Michael Saul Dell, an American billionaire businessman, and philanthropist. The Founder, Chairman, and CEO of Dell Technologies, one of the world’s largest technology infrastructure companies.
This business magnate is ranked 27th richest in the world by Forbes, with a net worth of $27.2 billion as of April 2020.
“There’s always an opportunity to make a difference”
Michael Saul Dell was born on February 23, 1965, in Houston, Texas, United States. His Father’s name was Alexander Dell, and his Mother’s name was Lorraine Charlotte Dell. He received his primary education from Herod Elementary School in Houston. His Mother was a stockbroker, and thus, as a brilliant young boy, he learned several aspects of financial affairs from his Mother and developed an early interest in the business. He took up a variety of odd jobs as a teenager as he was fascinated with earning money. At a not very mature age, he invested his earnings in stocks and precious metals. Afterward, he got drawn towards Technology. At the age of 15, he brought one of the Apple Computer and immediately dissembled it. He feigned it to study the components and see how it works. Michael Dell, from a young age, wanted to be an Entrepreneur. At a time while exploring, he started selling subscriptions to the “Houston Post” in the summer holidays. Michael realized that the method of cold calls was ineffective and devised a new marketing plan, which proved to be more successful. Within a year, he earned $18,000.However, his parents wanted him to become a physician. So, he enrolled at the University of Texas at Austin in 1983. But he didn’t give up his entrepreneurial dreams and started an informal business from his living room, assembling and selling upgrade kits for personal computers. He dropped out to focus all his time on his business.
Michael Dell registered his company as “P.C.’s Limited” in January 1984. In May 1984, he changed the name of the company to Dell Computer Corporation. In 1998, he founded the MSD Capital L.P., which includes publicly traded securities, private equity activities, and real estate.
And gradually by 2001, Dell became the world’s largest computer company