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On Monday, Dell disclosed that founder and CEO Michael Dell sold 10 million shares at an average price of $122.40 during September, good for a whopping $1.22 billion.
Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and investor. He is the founder, chairman, and CEO of Dell Technologies , one of the world's largest technology infrastructure companies.
Michael Dell is one of the world's wealthiest people, with a net worth of more than $100 billion. ... He changed the company's name to Dell Computer Corp. in 1987, and sales continued to soar ...
Date Company Business Country Value () References June 8, 1999: NaviSite [note 3]: Internet service provider United States [38]July 21, 1999: Com2001.com Internet community software
In late 2013, Michael Dell and Silver Lake Partners took the company private for $25 billion. ... Dell's stock would only rise roughly 320% to $500 and lift its market cap to about $370 billion ...
As a result of the massive rise in the stock, Michael Dell’s personal net worth reportedly hit the $100 billion mark in early March—a notable milestone even for a man who became a billionaire ...
The tech company is now private, but some people think a public offering could come soon.
The average price of a new car was $10,400.The Dell IPO: Dell founder Michael Dell dropped out of college in 1984 at age 19 to start computer company PC's Limited.