At the end of his first year at university, his business is doing so well that Michael drops out to focus on it full-time. He is now the 12th richest person in the world and has an estimated net worth of US$104bn, as of March 2024.
In 1988, Dell went public for the first time and continues to grow at roughly 80% per year. The company harnesses its newfound capital to expand its product offerings worldwide, opening manufacturing centres in Europe, the Middle East and Africa, before expanding across Asia in the mid-1990s.
Michael Dell’s dream was to make technology not only accessible, but to “enable human potential,” as he remarked on LinkedIn in 2023. His company has continued to evolve to meet that promise and is celebrated for serving both small and large businesses, whilst remaining committed to ethics.
Harnessing the power of the digital age
With a unique team behind the vision, Dell Technologies continues to commit to ambitious goals and innovating to empower its customers to achieve theirs.
In 2015, Dell acquired enterprise technology firm EMC Corporation, with both companies then becoming divisions of Dell Technologies. Dell EMC sells data storage, information security, virtualisation, analytics and cloud computing.
In 2021, Fortune stated that the company was the largest shipper of PC monitors globally and the third-largest PC vendor by unit sales worldwide. It has also been cited as one of the best and most ethical places to work, which works in tandem with its strong mission-critical cybersecurity portfolio.