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Dell Technologies Founder Michael Dell Success Story in Hindi | Biography | Investor, Philanthropist
Dell Technologies Founder Michael Dell Success Story in Hindi | Biography | Investor, Philanthropist
Published: 2017/09/08
Channel: Live Hindi
Michael and Susan Dell announce $36M commitment to Harvey relief
Michael and Susan Dell announce $36M commitment to Harvey relief
Published: 2017/09/01
Channel: Good Morning America
Michael Dell
Michael Dell's Top 10 Rules For Success (@MichaelDell)
Published: 2015/09/09
Channel: Evan Carmichael
Michael Dell, Dell Technologies | VMworld 2017
Michael Dell, Dell Technologies | VMworld 2017
Published: 2017/08/29
Channel: SiliconANGLE
Michael Dell, Founder, Chairman and CEO, Dell Inc.
Michael Dell, Founder, Chairman and CEO, Dell Inc.
Published: 2015/03/04
Channel: The Economic Club of Washington, D.C.
Dell EMC World Keynote (Part 1): Michael Dell and next Industrial Revolution
Dell EMC World Keynote (Part 1): Michael Dell and next Industrial Revolution
Published: 2016/10/19
Channel: Dell EMC World
Dell EMC World 2017 Keynote: Michael Dell and Realizing The Digital Future
Dell EMC World 2017 Keynote: Michael Dell and Realizing The Digital Future
Published: 2017/05/26
Channel: Dell
Forget "Steve Jobs," Get Ready For "Michael Dell"  - CONAN on TBS
Forget "Steve Jobs," Get Ready For "Michael Dell" - CONAN on TBS
Published: 2015/10/08
Channel: Team Coco
Michael Dell Biography Biography Channel
Michael Dell Biography Biography Channel
Published: 2015/08/01
Channel: tech peoples
Brainstorm Tech: Michael Dell’s Take on the Cloud I Fortune
Brainstorm Tech: Michael Dell’s Take on the Cloud I Fortune
Published: 2017/07/17
Channel: Fortune Magazine
Michael Dell: Creating a Computer Empire (Interview)
Michael Dell: Creating a Computer Empire (Interview)
Published: 2017/03/07
Channel: Investors Archive
Steve Jobs hammers Michael Dell (1997)
Steve Jobs hammers Michael Dell (1997)
Published: 2014/09/16
Channel: EverySteveJobsVideo
The Dell Success Story-Michael Dell Speech
The Dell Success Story-Michael Dell Speech
Published: 2013/06/30
Channel: Corporate Valley
#1 : मायकल डेलची प्रेरणादायी कथा || INSPIRATIONAL STORY OF MICHAEL DELL IN MARATHI
#1 : मायकल डेलची प्रेरणादायी कथा || INSPIRATIONAL STORY OF MICHAEL DELL IN MARATHI
Published: 2017/06/18
Channel: MileStory Marathi
La Historia de Michael Dell
La Historia de Michael Dell
Published: 2016/09/28
Channel: Yesi QM
Michael Dell, Dell Technologies | Dell EMC World 2017
Michael Dell, Dell Technologies | Dell EMC World 2017
Published: 2017/05/09
Channel: SiliconANGLE
Michael Dell: New Era For Dell | Squawk Box | CNBC
Michael Dell: New Era For Dell | Squawk Box | CNBC
Published: 2016/09/07
Channel: CNBC
Michael Dell: Growth Rate Accelerating as Private Company
Michael Dell: Growth Rate Accelerating as Private Company
Published: 2014/12/04
Channel: Bloomberg
Michael Dell and President Bill Clinton
Michael Dell and President Bill Clinton
Published: 2012/12/18
Channel: Brian Ahier
Michael Dell on the new (private) Dell | Fortune
Michael Dell on the new (private) Dell | Fortune
Published: 2014/05/20
Channel: Fortune Magazine
Michael Dell Says EMC Combination Is Paying Off
Michael Dell Says EMC Combination Is Paying Off
Published: 2017/08/30
Channel: Bloomberg Technology
Career and luxurious life of billionaire Michael Dell
Career and luxurious life of billionaire Michael Dell
Published: 2016/09/12
Channel: ICT Blog's
VMworld General Session 2017 - Q&A with Pat Gelsinger and Michael Dell
VMworld General Session 2017 - Q&A with Pat Gelsinger and Michael Dell
Published: 2017/08/30
Channel: VMworld
Michael Dell Says He
Michael Dell Says He's 'Very Pleased' With EMC Merger
Published: 2017/09/07
Channel: Bloomberg Technology
Entrevista Michael Dell
Entrevista Michael Dell
Published: 2007/05/07
Channel: johnnymahecha
Michael Dell: Lessons For Entrepreneurial Success
Michael Dell: Lessons For Entrepreneurial Success
Published: 2012/07/12
Channel: Forbes
Michael Dell First Keynote as CEO of the new $70bln Dell Technologies
Michael Dell First Keynote as CEO of the new $70bln Dell Technologies
Published: 2016/05/05
Channel: ExpovistaTV
Michael Dell Documentary
Michael Dell Documentary
Published: 2009/03/02
Channel: Matias Barbero
Michael Dell Says He
Michael Dell Says He's Glad He Met With President Trump
Published: 2017/09/06
Channel: Bloomberg Technology
michael dell and his wife Susan dell
michael dell and his wife Susan dell
Published: 2016/11/27
Channel: Welcome
Dell EMC World 2017 - Michael Dell, Chairman and CEO
Dell EMC World 2017 - Michael Dell, Chairman and CEO
Published: 2017/05/24
Channel: VMware
Michael Dell welcomes you to Dell Technologies
Michael Dell welcomes you to Dell Technologies
Published: 2016/09/07
Channel: Dell
CEO-Lead Transformation: Michael Dell at SAPPHIRE NOW 2017
CEO-Lead Transformation: Michael Dell at SAPPHIRE NOW 2017
Published: 2017/05/16
Channel: SAPPHIRE NOW
Michael Dell: Why It Makes Sense to Go Private | Inc. Magazine
Michael Dell: Why It Makes Sense to Go Private | Inc. Magazine
Published: 2016/02/11
Channel: Inc.
Michael Dell Sees Emergence of Multi-Cloud World
Michael Dell Sees Emergence of Multi-Cloud World
Published: 2017/08/30
Channel: Bloomberg Technology
Michael Dell
Michael Dell's Advice to Entrepreneurs
Published: 2006/06/13
Channel: iluvthecold85
Dell
Dell's History and Heritage
Published: 2016/04/08
Channel: Dell
3 SECRETS FOR BILLIONAIRES SUCCESS - Michael Dell, Elon Musk, Steve Jobs and More
3 SECRETS FOR BILLIONAIRES SUCCESS - Michael Dell, Elon Musk, Steve Jobs and More
Published: 2017/05/13
Channel: Motivation Archive
A Conversation with Michael Dell
A Conversation with Michael Dell
Published: 2008/05/01
Channel: University of California Television (UCTV)
#1 : INSPIRATIONAL STORY OF MICHAEL DELL || BIOGRAPHY OF MICHAEL DELL || Story Behind Dell Success.
#1 : INSPIRATIONAL STORY OF MICHAEL DELL || BIOGRAPHY OF MICHAEL DELL || Story Behind Dell Success.
Published: 2017/06/18
Channel: Mile Story
Michael Dell on Windows 10 and Selling Microsoft Surface Pro
Michael Dell on Windows 10 and Selling Microsoft Surface Pro
Published: 2015/09/08
Channel: Dell
Exclusive Interview with Michael S.Dell - Founder Dell Inc
Exclusive Interview with Michael S.Dell - Founder Dell Inc
Published: 2013/02/16
Channel: Corporate Valley
Michael Dell On Failing Successfully
Michael Dell On Failing Successfully
Published: 2012/07/12
Channel: Forbes
Michael Dell
Michael Dell's Startup Summit
Published: 2011/08/02
Channel: Forbes
Michael Dell on HP, Apple in 1997, and Steve Jobs
Michael Dell on HP, Apple in 1997, and Steve Jobs
Published: 2011/10/19
Channel: zdnetvideo
Michael S.Dell Advice To Entrepreneurs - Founder of Dell Inc
Michael S.Dell Advice To Entrepreneurs - Founder of Dell Inc
Published: 2013/10/12
Channel: Corporate Valley
RSAC TV: Interview with Michael Dell
RSAC TV: Interview with Michael Dell
Published: 2017/02/15
Channel: RSA Conference
Michael Dell, Dell Technologies - #VMworld 2016 #theCUBE
Michael Dell, Dell Technologies - #VMworld 2016 #theCUBE
Published: 2016/08/29
Channel: SiliconANGLE
Michael Dell Shows TechCrunch The Dell Mini 5
Michael Dell Shows TechCrunch The Dell Mini 5
Published: 2010/01/28
Channel: TechCrunch
Michael Dell
Michael Dell's Hyper-Growth
Published: 2011/07/26
Channel: Forbes
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WIKIPEDIA ARTICLE

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Michael Dell
Michael Dell 2010.jpg
Michael Dell, founder, chairman and CEO of Dell Technologies
Born Michael Saul Dell
(1965-02-23) February 23, 1965 (age 52)
Houston, Texas, U.S.
Residence Austin, Texas, U.S.
Nationality American
Alma mater University of Texas at Austin
Occupation Founder, Chairman and CEO of Dell Technologies
Net worth Decrease US$24.8 billion (February 2017)[1]
Spouse(s) Susan Lynn Lieberman (m. 1989)
Children 4
Signature
Michael Dell signature.png

Michael Saul Dell (born February 23, 1965) is an American businessman, investor, philanthropist, and author. He is the founder and CEO of Dell Technologies, one of the world's largest technology infrastructure companies. He is ranked as the 37th richest person in the world by Forbes, with a net worth of US$20.8 billion as of February 2017.[2]

In 2011, his 243.35 million shares of Dell Inc. stock were worth $3.5 billion, giving him 12% ownership of the company.[3] His remaining wealth of roughly $10 billion is invested in other companies and is managed by a firm whose name, MSD Capital, incorporates Dell's initials.[4] On January 5, 2013 it was announced that Michael Dell had bid to take Dell Inc. private for $24.4 billion in the biggest management buyout since the Great Recession. Dell Inc. officially went private on October 29, 2013.[5]

On October 12, 2015, Dell Inc. announced its intent to acquire the enterprise software and storage company EMC Corporation. At $67 billion, it has been labeled the "highest-valued tech acquisition in history".[6][7] The acquisition was finalized September 7, 2016.[8]

Early life[edit]

Michael Dell was born in 1965 in Houston, to a Jewish family whose surname reflects the translation into English of the original German/Yiddish Thal ("valley" or "dale [q.v.]"; modern common-noun spelling Tal) upon the family's immigration to the United States.[9] The son of Lorraine Charlotte (née Langfan), a stockbroker,[10] and Alexander Dell, an orthodontist, Michael Dell attended Herod Elementary School in Houston.[11] In a bid to enter business early, he applied to take a high school equivalency exam at age eight. In his early teens, he invested his earnings from part-time jobs in stocks and precious metals.[12]

Dell purchased his first calculator at age seven and encountered an early teletype terminal in junior high. At age 15, after playing with computers at Radio Shack, he got his first computer, an Apple II, which he promptly disassembled to see how it worked.[13] He got a job as a dishwasher at age 12 and was quickly promoted to maitre d'.[14]Dell attended Memorial High School in Houston, selling subscriptions to the Houston Post in the summer. While making cold calls, he noted that the people most likely to purchase subscriptions were those in the process of establishing permanent geographic and social presence. He then hired some friends who scoured local court records so he could target this demographic group by collecting names from marriage and mortgage applications. He then segmented those leads by the size of mortgage, calling on those with the highest mortgages first. Dell earned $18,000 that year, exceeding the annual income of his history and economics teacher.[15]

Business career[edit]

A PC's Limited Turbo PC signed by Dell
Michael Dell lecturing at the Oracle OpenWorld, San Francisco 2010

While a freshman pre-med student at the University of Texas, Dell started an informal business putting together and selling upgrade kits for personal computers[16] in Room 2713 of the Dobie Center residential building. He then applied for a vendor license to bid on contracts for the State of Texas, winning bids by not having the overhead of a computer store.[17][18][19]

In January 1984, Dell banked on his conviction that the potential cost savings of a manufacturer selling PCs directly had enormous advantages over the conventional indirect retail channel. In January 1984, Dell registered his company as "PC's Limited". Operating out of a condominium, the business sold between $50,000 and $80,000 in upgraded PCs, kits, and add-on components. In May, Dell incorporated the company as "Dell Computer Corporation" and relocated it to a business center in North Austin. The company employed a few order takers, a few more people to fulfill them, and, as Dell recalled, a manufacturing staff "consisting of three guys with screwdrivers sitting at six-foot tables". The venture's capitalization cost was $1,000.[20][21]

In 1992, aged 27, he became the youngest CEO of a company ranked in Fortune magazine's list of the top 500 corporations.[22] In 1996, Dell started selling computers over the Web, the same year his company launched its first servers. Dell Inc. soon reported about $1 million in sales per day from dell.com.[23] In the first quarter of 2001, Dell Inc. reached a world market share of 12.8 percent, passing Compaq to become the world's largest PC maker. The metric marked the first time the rankings had shifted over the previous seven years. The company's combined shipments of desktops, notebooks and servers grew 34.3 percent worldwide and 30.7 percent in the United States at a time when competitor's sales were shrinking.[24]

In 1998, Dell founded MSD Capital L.P. to manage his family's investments. Investment activities include publicly traded securities, private equity activities, and real estate. The firm employs 80 people and has offices in New York, Santa Monica and London. Dell himself is not involved in day-to-day operations.[25] On March 4, 2004, Dell stepped down as CEO, but stayed as chairman of Dell Inc.'s board, while Kevin Rollins, then president and COO, became president and CEO. On January 31, 2007, Dell returned as CEO at the request of the board, succeeding Rollins.[26]

In 2013, Michael Dell with the help of Silver Lake Partners, Microsoft, and a consortium of lenders, took Dell, Inc. private. The deal was reportedly worth $25 billion and faced difficulties during its execution. Notable resistance came from Carl Icahn, but after several months he stepped aside. Michael Dell received a 75% stake in the private company.[27]

On October 12, 2015, Dell Inc. announced its intent to acquire the enterprise software and storage company EMC Corporation. At $67 billion, it has been labeled the "highest-valued tech acquisition in history".[6][7] The acquisition was finalized September 7, 2016.[8]

Penalty[edit]

In July 2010 Dell Inc. agreed to pay a $100 million penalty to settle SEC charges[28] of disclosure and accounting fraud in relation to undisclosed payments from Intel Corporation. Michael Dell and former CEO Kevin Rollins agreed to pay $4 million each, former CFO James Schneider to pay $3 million to settle the charges.[28]

Accolades[edit]

Accolades for Dell include "Entrepreneur of the Year" (at age 24) from Inc. magazine;[29] "Top CEO in American Business" from Worth magazine; "CEO of the Year" from Financial World, Industry Week and Chief Executive magazines. Dell also received the 2013 Franklin Institute's Bower Award for Business Leadership.[30]

Affiliations[edit]

Dell serves on the Foundation Board of the World Economic Forum, the executive committee of the International Business Council, the U.S. Business Council, and the governing board of the Indian School of Business in Hyderabad, India. He previously served as a member of the U.S. President's Council of Advisors on Science and Technology.[31]

Writings[edit]

Dell's 1999 book, Direct from Dell: Strategies That Revolutionized an Industry (by HarperBusiness), is an account of his early life, his company's founding, growth and missteps, as well as lessons learned. The book was written in collaboration with Catherine Fredman.[32]

Wealth and personal life[edit]

Forbes estimates Dell's net worth as of February 2017 at $20.8 billion.[33] Dell married Susan Lieberman on October 28, 1989 in Austin, Texas; the couple reside there with their four children.[34][35][36]

Philanthropy[edit]

In 1999, Michael and Susan Dell established the Michael and Susan Dell Foundation, which focuses on, among other causes, grants, urban education, childhood health and family economic stability. In 2006, the foundation provided $50 million in grants to three health-related organizations associated with the University of Texas: the Michael & Susan Dell Center for Advancement of Healthy Living, the Dell Pediatric Research Institute to compliment the Dell Children's Medical Center, as well as funding for a new computer science building at the University of Texas at Austin campus.[37] In 2013, the foundation provided an additional $50 million commitment to establish the Dell Medical School at the University of Texas at Austin. [38] Since 1999, the MSDF has committed $1.23 billion to non-profits and social enterprises in the United States, India and South Africa. [39]

By 2010, the foundation had committed more than $650 million to children's issues and community initiatives in the United States, India and South Africa[40] Today the foundation has over $466 million assets under management.[41]

In 2002, Dell received an honorary doctorate in Economic Science from the University of Limerick in honor of his investment in Ireland and the local community and for his support for educational initiatives.[42]

In 2012, the Michael and Susan Dell Foundation committed $50 million for medical education. The Dell Medical School began enrolling students in 2016.[43]

In 2014, he donated $1.8 million to the Friends of the Israel Defense Forces.[44]

In 2017, in the wake of Hurricane Harvey, Dell, a Houston native, pledged $36 million to relief efforts. [45]

References[edit]

  1. ^ https://www.forbes.com/profile/michael-dell/
  2. ^ "Michael Dell Proifle". Forbes. Retrieved February 20, 2017. 
  3. ^ Brown, Joshua (2011-03-20). "Michael Dell’s Very Big Stock Purchase". The Reformed Broker. Retrieved 2011-10-15. 
  4. ^ Calnan, Christopher (2010-02-07). "Managing Michael Dell's multibillions". BizJournals. Retrieved 2011-10-15. 
  5. ^ Guglielmo, Connie (October 30, 2013). "Dell Officially Goes Private: Inside The Nastiest Tech Buyout Ever". Forbes. 
  6. ^ a b "Dell agrees $67bn EMC takeover". BBC News. 2015-10-12. Retrieved 2017-01-11. 
  7. ^ a b "Dell to Buy EMC in Deal Worth About $67 Billion". Bloomberg.com. 2015-10-12. Retrieved 2017-01-11. 
  8. ^ a b "Historic Dell and EMC Merger Complete; Forms World’s Largest Privately-Controlled Tech Company | Business Wire". www.businesswire.com. Retrieved 2017-01-11. 
  9. ^ Lone stars of David: the Jews of Texas, By Hollace Ava Weiner, Kenneth Roseman, page 257, UPNE, 2007
  10. ^ Biography of Michael Dell. businessweek.com (From The Associated Press; 2007-01-31).
  11. ^ History of Our School. Es.houstonisd.org. Retrieved on 2012-07-12.
  12. ^ "Biography: Michael Dell Founder & Chairman, Dell Inc". American Academy of Achievement. Retrieved April 15, 2010. 
  13. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. pp. 6–7. ISBN 0-88730-914-3. 
  14. ^ http://www.nbcnews.com/id/38168029/ns/business-careers/t/lowest-paying-jobs-america/#.WMHJUBLyvaY
  15. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. pp. 4–5. ISBN 0-88730-914-3. 
  16. ^ Kirk Ladendorf. "Dell remembers his beginning while looking toward the future" Austin American-Statesman. November 27, 2011, pp. E1, E2.
  17. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. pp. 9–10. ISBN 0-88730-914-3. 
  18. ^ Larry Faulkner, President, University of Texas at Austin (2003). Michael Dell Remarks. dell.com
  19. ^ Buchholz, Jan (2014-04-29). "UT's famed high-rise dorm where Dell launched to get $4 million makeover". Statesman.com. Retrieved 2017-01-05. 
  20. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. pp. 12–13. ISBN 0-88730-914-3. 
  21. ^ Kessler, Michelle (March 4, 2004). "Dell founder passes torch to new CEO". USA Today. Retrieved January 6, 2010. 
  22. ^ "Michael Dell". National Press Club Summary. National Public Radio. June 8, 2008. Retrieved April 16, 2010. 
  23. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. p. xiv. ISBN 0-88730-914-3. 
  24. ^ Kanellos, Michael (April 1, 2001). "Dell beats Compaq for No. 1 ranking". CNET News. Retrieved April 16, 2010. 
  25. ^ "MSC Capital – About Us". Retrieved April 17, 2010. 
  26. ^ "Dell Chief Replaced by Founder", New York Times.
  27. ^ Guglielmo, Connie. "Dell Officially Goes Private: Inside the Nastiest Tech Buyout Ever". Forbes. Retrieved 23 October 2016. 
  28. ^ a b "Dell Inc., Michael S. Dell, Kevin B. Rollins, James M. Schneider, Leslie L. Jackson, Nicholas A.R. Dunning". Sec.gov. 2010-07-22. Retrieved 2011-01-26. 
  29. ^ Richman, Tom (January 1, 1990). "The Entrepreneur of the Year". Inc. Retrieved April 16, 2010. 
  30. ^ "MICHAEL S. DELL". Franklin Institute. Retrieved 2016-12-19. 
  31. ^ "Michael Dell". Dell Inc. Retrieved 28 April 2017. 
  32. ^ Dell, Michael; Catherine Fredman (1999). Direct from Dell: Strategies that Revolutionized an Industry. HarperBusiness. ISBN 0-88730-914-3. 
  33. ^ "Forbes - Michael Dell". www.forbes.com. March 2013. Retrieved December 9, 2014. 
  34. ^ Fishman, Charles (2001-02-28). "Face Time With Michael Dell". Fast Company. Archived from the original on 2016-10-20. Retrieved 2016-10-20. 
  35. ^ Schwinn, Elizabeth (2006-04-06). "A Focus on Efficiency". The Chronicle of Philanthropy. Retrieved 2016-10-20. (Subscription required (help)). 
  36. ^ COLLOFF, PAMELA (2000-07-31). "Suddenly Susan". Texas Monthly. Archived from the original on 2016-10-20. Retrieved 2016-10-20. 
  37. ^ Foundation, Michael & Susan Dell. "Michael & Susan Dell Foundation Grants $50 Million to University of Texas to Bring Excellence in Children's Health and Education to Austin". www.prnewswire.com. Retrieved 2017-01-31. 
  38. ^ "Michael & Susan Dell Foundation Invests $50 million to Establish the Dell Medical School at The University of Texas at Austin". UT News | The University of Texas at Austin. 2013-01-30. Retrieved 2017-01-31. 
  39. ^ "Michael & Susan Dell Foundation". Michael & Susan Dell Foundation. Retrieved 2017-01-31. 
  40. ^ Foundation, Michael & Susan Dell. "Michael & Susan Dell Foundation Applauds the First Lady's 'Let's Move!' Campaign to End Childhood Obesity". Retrieved September 13, 2016. 
  41. ^ "The Michael and Susan Dell Foundation: Private Company Information - Businessweek". Retrieved September 13, 2016. 
  42. ^ Annette Condon (2002-05-29), Michael Dell Conferred with Honorary Doctorate from the University of Limerick. University of Limerick Press Release
  43. ^ Ralph K.M. Haurwitz (January 30, 2013). "Dell family foundation to donate $60 million for UT medical school, local health care". Austin American-Statesman. 
  44. ^ "Hollywood gala raises a record $33 million for IDF". TIMES OF ISRAEL. November 8, 2014. Retrieved November 17, 2014. 
  45. ^ "Tech billionaire Michael Dell pledges $36 million to Harvey relief efforts". CNN. September 1, 2017. Retrieved September 1, 2017. 

Sources[edit]

  • Dell, Michael; Catherine Fredman (1999). Direct From Dell: Strategies that Revolutionized an Industry. New York, New York: HarperColins Publishers. ISBN 0-88730-914-3. 

External links[edit]

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