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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 Tony Avelar/AP Images for Dell Inc. Dell's surging stock has supercharged its founder's net worth, raising it from about $45 billion two years ago to $122 billion.
Dell Technologies stock sank as much as 12% early Wednesday after the company took a cautious approach to its forecast for investors while warning that AI growth "will not be linear.""AI is a ...
Image source: Getty Images. AI hardware leadership. The attraction of Dell Technologies stock as an investment is the company's diverse group of products and leading market share position across ...
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.
Dell resumed trading on the New York Stock Exchange in 2018. “I think we are a remarkable example of a successful U.S.-based, multinational company that should be included in the S&P 500 ...