American businessman, investor, author and philanthropist Michael Saul Dell has an estimated net worth of $20.4 billion as of 2017, according to Forbes. This rose to about $27.3 billion as of October 2018. He is the founder, chairman and CEO of Dell Inc.
Michael was born on February 23 1965 in Houston, Texas, to a Jewish family. He attended Herod Elementary School in Houston. Later he studied at the Memorial High School in Houston. During those days he sold subscriptions to the Houston Post in the summer.
Michael Dell started Dell Inc. when he was 19 years old in his Texas dorm room with $1,000. He founded the company on February 1 1984. The company went public four years later, with a market capitalization of $85 million. By the time Dell took it private again in 2013, it was worth around $25 billion.
Today Dell Inc. is one of the world’s leading sellers of personal computers. Currently it is headquartered in Round Rock, Texas. Michael Dell and his family own and control investment vehicle MSD Capital. It was formed in 1998 to manage the family’s wealth.
Michael Dell married Susan Lynn Lieberman on October 28 1989. The couple has four children. Currently the family lives in Austin, Texas. Michael and Susan Dell established the Michael and Susan Dell Foundation in 1999. It supports childhood health, family economic stability, urban education and other causes.