44:
331:
366:, the business sold between $ 50,000 and $ 80,000 worth of PC upgrades, kits, and add-on components. In May, Dell incorporated the company as "Dell Computer Corporation" and relocated to a business center in North Austin. The company employed a few people as order takers, a few more to fill the orders, 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. During the formative years of Dell Computer, Dell was mentored by
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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 competitors' sales were
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in 1983. Dell continued learning to target specific populations for newspaper subscriptions rather than just making cold calls. He discovered that people who were most likely to get a subscription were newlyweds and people moving to a new home. After collecting the contact information of this
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had enormous advantages over the conventional indirect retail channel. In
January 1984, Dell registered his company as "PC's Limited". Dell’s strategy was to sell directly to customers by manufacturing computers only after they were ordered. Operating out of a
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population from public records, he sent direct mail appeals and earned $ 18,000 in one year. He hired several employees, and after earning a gross profit of nearly $ 200,000 in his first year of business, Dell dropped out of the
University of Texas at age 19.
551:
On March 1, 2024, Dell's net worth crossed the $ 100 billion mark, after Dell, Inc. reported an earnings beat, pushing the stock up 32% in the trading day and adding $ 13.7 billion into his fortune from $ 90.6 billion to $ 104.3 billion according to
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neighborhood of Austin. With his wife, Dell was the third-largest donor in
America in 2023 with total giving of $ 975 million. Dell and his wife have been among the top three most generous donors in America previous in 2003 and 2017.
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506:. He also serves as an advisor on the COVID-19 Technology Task Force, a technology industry coalition founded in March 2020 collaborating on solutions to respond to and recover from the COVID-19 pandemic.
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406:, 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
383:. By March 1997, Dell Inc. reported about $ 1 million in sales per day from dell.com. In the first quarter of 2001, Dell Inc. reached a world market share of 12.8 percent, surpassing
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522:), 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.
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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.
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In July 2010 Dell Inc. agreed to pay a $ 100 million penalty to settle SEC charges of disclosure and accounting fraud in relation to undisclosed payments from
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429:. Michael Dell and former CEO Kevin Rollins agreed to pay $ 4 million each and former CFO James Schneider agreed to pay $ 3 million to settle the charges.
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982:"First financial statement for @Dell. The one I used to convince my parents that it was OK for me to not go back to collegepic.twitter.com/kKuGDsyvYZ"
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magazine's list of the top 500 corporations. In 1996, Dell started selling computers over the Web, the same year his company launched its first
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named Dell to the Strike Force to Open Texas – a group "tasked with finding safe and effective ways to slowly reopen the state" during the
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417:. At $ 67 billion, it has been labeled the "highest-valued tech acquisition in history". The acquisition was finalized September 7, 2016.
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491:, the executive committee of the International Business Council, the U.S. Business Council. He previously served as a member of the U.S.
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582:, which focuses on causes related to health and education. Dell is also behind the founding of the Dell Jewish Community Campus in the
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1886:"Michael Dell's net worth just vaulted past $ 100 billion for the first time, making him the world's 12th-richest person"
1861:"Michael Dell's net worth just vaulted past $ 100 billion for the first time, making him the world's 12th-richest person"
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350:, Dell started an informal business putting together and selling upgrade kits for personal computers in Room 2713 of the
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399:, became president and CEO. On January 31, 2007, Dell returned as CEO at the request of the board, succeeding Rollins.
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529:(by Portfolio), is a story of inside battles that defined him as a leader. The book was written in collaboration with
200:(born February 23, 1965) is an American billionaire businessman and investor. He is the founder, chairman, and CEO of
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1501:"Historic Dell and EMC Merger Complete; Forms World's Largest Privately-Controlled Tech Company | Business Wire"
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In
January 2013 it was announced that he had bid to take Dell Inc. private for $ 24.4 billion in the biggest
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1534:"Dell Inc., Michael S. Dell, Kevin B. Rollins, James M. Schneider, Leslie L. Jackson, Nicholas A.R. Dunning"
396:
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On
October 12, 2015, Dell Inc. announced its intent to acquire the enterprise software and storage company
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In 1998, Dell founded MSD Capital L.P., later renamed DFO Management, to manage his family's investments.
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244:. Dell Inc. officially went private in October 2013. The company once again went public in December 2018.
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225:, approximately $ 50 billion of his net worth was derived from his 50% stake in Dell and 40% stake in
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Magretta, Joan. "The power of virtual integration: An interview with Dell
Computer's Michael Dell."
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in the summer. Dell's parents wanted him to be a doctor and in order to please them, he took up
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On March 4, 2004, Dell stepped down as CEO, but stayed as chairman of Dell Inc.'s board, while
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In
February 2018, it was reported that in 2014, Dell had paid $ 100.5 million for Manhattan's
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1681:"These are the experts, leaders working with Gov. Abbott's strike force to reopen Texas"
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penthouse, which was then a record for the most expensive home ever sold in the city.
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at age eight. In his early teens, he invested his earnings from part-time jobs in
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Kirk
Ladendorf. "Dell remembers his beginning while looking toward the future"
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1828:"Michael Dell Paid a Record $ 100.47 Million for Manhattan's One57 Penthouse"
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American
Inventors, Entrepreneurs, and Business Visionaries, Revised Edition
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1105:"UT's famed high-rise dorm where Dell launched to get $ 4 million makeover"
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Brand New: How
Entrepreneurs Earned Consumers' Trust from Wedgwood to Dell
1771:"Reading recommendations: Paul Polman and Michael Dell have new books out"
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Accolades for Dell include "Entrepreneur of the Year" (at age 24) from
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303:, which he promptly disassembled to see how it worked. Dell attended
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1411:"Dell Officially Goes Private: Inside the Nastiest Tech Buyout Ever"
696:"Dell Officially Goes Private: Inside The Nastiest Tech Buyout Ever"
373:
In 1992, aged 27, he became the youngest CEO of a company ranked in
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In January 1984, Dell believed that the potential cost savings of a
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terminal in junior high. At age 15, after playing with computers at
221:
of $ 124 billion as of March 2024. As of October 2023, according to
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Michael Dell lecturing at the Oracle OpenWorld, San Francisco, 2010
272:
in Houston. In a bid to enter business early, he applied to take a
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Larry Faulkner, President, University of Texas at Austin (2003).
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magazines. Dell also received the 1998 Golden Plate Award of the
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1950:"Michael Dell Just Made His Biggest Ever Donation Of Dell Stock"
670:"Michael Dell Just Made His Biggest Ever Donation Of Dell Stock"
257:
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1591:"Golden Plate Awardees of the American Academy of Achievement"
260:
family. His parents were Lorraine Charlotte (née Langfan), a
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He is the 10th-richest person in the world, according to the
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Direct From Dell: Strategies that Revolutionized an Industry
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Direct from Dell: Strategies that Revolutionized an Industry
1332:
Direct from Dell: Strategies that Revolutionized an Industry
1184:
Direct from Dell: Strategies that Revolutionized an Industry
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Direct from Dell: Strategies that Revolutionized an Industry
951:
Direct from Dell: Strategies that Revolutionized an Industry
856:
Direct from Dell: Strategies that Revolutionized an Industry
516:
Direct from Dell: Strategies That Revolutionized an Industry
1859:
Galpotthawela, Vernal; Pendleton, Devon (March 1, 2024).
1802:"Dell Keeps LBO Financing in the Family With MSD Capital"
757:
businessweek.com (From The Associated Press; 2007-01-31).
527:
Play Nice But Win: A CEO's Journey from Founder to Leader
493:
President's Council of Advisors on Science and Technology
1248:"Morton Meyerson: A Business Legend Built in Fort Worth"
2703:
Benjamin Franklin Medal (Franklin Institute) laureates
1279:. National Public Radio. June 8, 2008. Archived from
896:. New York, NY: Infobase Holdings, Inc. p. 134.
566:
Dell married Susan Lieberman on October 28, 1989, in
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American chief executives of manufacturing companies
1836:. The New York Times, New York City, United States.
1157:
Contemporary Economics: An Applications Approach\\\\
570:; the couple reside there with their four children.
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Memorial High School (Hedwig Village, Texas) alumni
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1471:"Dell to Buy EMC in Deal Worth About $ 67 Billion"
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1134:. Chicago, IL: Premier Insights LLC. p. 379.
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769:"The yearbook photos of 13 famous titans of tech"
2042:. New York, New York: HarperCollins Publishers.
578:In 1999, Michael and Susan Dell established the
229:, with the rest being held by his family office
443:magazine; "Top CEO in American Business" from
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1159:(7th ed.). Oxon: Routledge. p. 92.
8:
2683:Private equity and venture capital investors
637:"Bloomberg Billionaires Index: Michael Dell"
631:
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487:Dell serves on the Foundation Board of the
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726:"Dell returns to market with NYSE listing"
604:"Surrounding oneself with the best talent"
42:
31:
2034:Dell, Michael; Catherine Fredman (1999).
1741:Dell, Michael; Catherine Fredman (1999).
1328:Dell, Michael; Catherine Fredman (1999).
1180:Dell, Michael; Catherine Fredman (1999).
1050:Dell, Michael; Catherine Fredman (1999).
947:Dell, Michael; Catherine Fredman (1999).
852:Dell, Michael; Catherine Fredman (1999).
819:"Michael S. Dell Biography and Interview"
307:in Houston, selling subscriptions to the
2623:American people of German-Jewish descent
346:While a freshman pre-med student at the
1986:from the original on September 29, 2017
1826:Clarke, Katherine (February 22, 2018).
595:
402:In 2013, Michael Dell with the help of
2638:American businesspeople in real estate
1929:from the original on November 12, 2016
1840:from the original on February 22, 2018
1722:from the original on December 24, 2022
1661:from the original on December 20, 2016
1635:from the original on December 20, 2016
1605:from the original on December 15, 2016
1215:"Dell founder passes torch to new CEO"
992:from the original on December 14, 2022
833:from the original on February 24, 2019
694:Guglielmo, Connie (October 30, 2013).
334:A PC's Limited Turbo PC signed by Dell
291:at age seven and encountered an early
1511:from the original on November 4, 2016
1481:from the original on January 13, 2017
1365:from the original on October 26, 2012
1359:"Dell beats Compaq for No. 1 ranking"
1227:from the original on October 16, 2011
887:
885:
7:
2693:University of Texas at Austin alumni
2653:American technology company founders
2648:American technology chief executives
2568:21st-century American businesspeople
2563:20th-century American businesspeople
1781:from the original on October 6, 2021
649:from the original on October 6, 2021
2673:Jewish American non-fiction writers
1691:from the original on April 25, 2020
1571:from the original on March 31, 2010
1421:from the original on August 5, 2017
1357:Kanellos, Michael (April 1, 2001).
1213:Kessler, Michelle (March 4, 2004).
706:from the original on August 5, 2017
614:from the original on April 26, 2020
580:Michael & Susan Dell Foundation
477:Bower Award for Business Leadership
1898:from the original on March 2, 2024
1451:from the original on July 18, 2018
1111:from the original on June 23, 2016
928:from the original on June 29, 2020
25:
2618:American nonprofit businesspeople
2613:American male non-fiction writers
2005:Di Mento, Maria (March 5, 2024).
1974:Gwynne, S.C. (February 7, 2013).
1917:COLLOFF, PAMELA (July 31, 2000).
1800:Weiss, Miles (January 31, 2013).
1710:Jacox, Madi (February 12, 2021).
1540:from the original on July 9, 2017
1441:"Dell agrees $ 67bn EMC takeover"
1246:Henry, John (February 18, 2022).
449:magazine; "CEO of the Year" from
359:manufacturer selling PCs directly
2598:American computer businesspeople
2080:
1948:Liu, Phoebe (October 20, 2023).
1559:Richman, Tom (January 1, 1990).
1384:"Dell Chief Replaced by Founder"
1103:Buchholz, Jan (April 29, 2014).
1040:. November 27, 2011, pp. E1, E2.
1014:. March 15, 2008. Archived from
980:Dell, Michael (March 17, 2018).
736:from the original on May 5, 2019
668:Liu, Phoebe (October 20, 2023).
299:, he got his first computer, an
187:
1599:American Academy of Achievement
1336:. HarperBusiness. p. xiv.
827:American Academy of Achievement
767:Tweedie, Steven (May 9, 2015).
469:American Academy of Achievement
152:
2633:American political fundraisers
1716:COVID-19 Technology Task Force
1561:"The Entrepreneur of the Year"
1303:"Dell eyes shipment milestone"
1132:Applied Innovation: A Handbook
1012:"Proud Products: Michael Dell"
120:Founder, Chairman, and CEO of
1:
1130:Biase, Stephen A. Di (2015).
204:, one of the world's largest
87:University of Texas at Austin
2593:American commodities traders
1976:"Dell's Great Success Story"
892:Carey, Jr., Charles (2020).
555:Bloomberg Billionaires Index
274:high school equivalency exam
214:Bloomberg Billionaires Index
2658:American technology writers
1277:National Press Club Summary
1188:. HarperBusiness. pp.
1058:. HarperBusiness. pp.
955:. HarperBusiness. pp.
208:infrastructure companies.
2724:
2573:21st-century American Jews
1536:. Sec.gov. July 22, 2010.
755:Biography of Michael Dell.
2663:Businesspeople from Texas
2583:American business writers
2139:
2011:Chronicle of Philanthropy
1389:November 4, 2016, at the
1309:. No. 2 January 2002
1155:Carbaugh, Robert (2014).
1038:Austin American-Statesman
287:Dell purchased his first
264:, and Alexander Dell, an
252:Dell was born in 1965 in
186:
41:
27:American business magnate
2628:American philanthropists
498:In April 2020, Governor
248:Early life and education
2430:Compellent Technologies
2065:Harvard Business Review
1833:The Wall Street Journal
1089:March 24, 2004, at the
270:Herod Elementary School
2708:Technology CEO Council
2643:American stock traders
798:Academy of Achievement
343:
335:
122:Dell Technologies Inc.
2578:American billionaires
2227:PowerConnect switches
1507:. September 7, 2016.
732:. December 28, 2018.
395:, then president and
341:
333:
2403:Digital Jukebox (DJ)
2089:at Wikimedia Commons
1505:www.businesswire.com
1477:. October 12, 2015.
1447:. October 12, 2015.
1084:Michael Dell Remarks
525:Dell's second book,
489:World Economic Forum
404:Silver Lake Partners
305:Memorial High School
142:Susan Lynn Lieberman
2603:American financiers
2527:Dell Support Center
2182:M1000e blade-system
1631:. October 3, 2014.
1595:www.achievement.org
1409:Guglielmo, Connie.
924:. October 9, 2008.
823:www.achievement.org
348:University of Texas
319:University of Texas
268:. Michael attended
2698:Writers from Texas
2608:American investors
2236:Personal computers
2060:(2001) pp 257–306.
1749:. HarperBusiness.
1687:. April 17, 2020.
1629:Franklin Institute
514:Dell's 1999 book,
473:Franklin Institute
344:
336:
2688:Texas Republicans
2540:
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2398:
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2133:Dell Technologies
2085:Media related to
2007:"Philanthropy 50"
1625:"MICHAEL S. DELL"
1166:978-0-7656-4177-9
1141:978-1-5054-1687-9
1107:. Statesman.com.
1018:on March 15, 2008
903:978-1-4381-8214-8
794:"Michael S. Dell"
504:COVID-19 pandemic
427:Intel Corporation
238:management buyout
202:Dell Technologies
198:Michael Saul Dell
195:
194:
68:February 23, 1965
58:Michael Saul Dell
18:Michael Saul Dell
16:(Redirected from
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2465:Pivotal Software
2455:Ocarina Networks
2243:Home/home office
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2067:(1998): pp-73+.
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2505:Michael Dell
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2413:Acquisitions
2334:Thin clients
2087:Michael Dell
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2014:. Retrieved
2010:
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1724:. Retrieved
1715:
1712:"Leadership"
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1657:. Dell Inc.
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1637:. Retrieved
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1367:. Retrieved
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1313:February 13,
1311:. Retrieved
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1281:the original
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1020:. Retrieved
1016:the original
1006:
994:. Retrieved
986:@MichaelDell
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930:. Retrieved
922:Entrepreneur
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835:. Retrieved
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801:. Retrieved
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776:. Retrieved
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708:. Retrieved
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531:James Kaplan
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48:Dell in 2021
36:Michael Dell
29:
2668:Dell people
2553:1965 births
2485:Virtustream
2475:Secureworks
2372:Smartphones
2093:Appearances
1933:October 20,
1544:January 26,
1515:January 11,
1485:January 11,
1455:January 11,
1425:October 23,
864:. pp.
653:November 5,
500:Greg Abbott
388:shrinking.
364:condominium
297:Radio Shack
262:stockbroker
128:MSD Capital
126:Founder of
100:Businessman
94:Occupations
2547:Categories
2498:Key people
2470:Quest KACE
2445:EqualLogic
2362:UltraSharp
2194:PowerVault
1990:October 1,
1785:October 6,
1231:January 6,
1115:January 5,
1093:. dell.com
591:References
408:Carl Icahn
289:calculator
240:since the
206:technology
64:1965-02-23
2507:(founder)
2480:SonicWall
2425:AppAssure
2420:Alienware
2385:Venue Pro
2345:Dell Wyse
2315:Dimension
2291:Precision
2250:Alienware
2177:PowerEdge
2144:Dell Inc.
1891:Bloomberg
1695:April 21,
1665:April 28,
1575:April 16,
1369:April 16,
1287:April 16,
1257:April 11,
1220:USA Today
996:March 20,
642:Bloomberg
433:Accolades
219:net worth
217:, with a
182:Signature
177:(brother)
175:Adam Dell
171:Relatives
2353:Monitors
2296:OptiPlex
2286:Latitude
2274:Business
2265:G Series
2255:Inspiron
2220:Z-series
2217:S series
2214:N series
2211:H series
2163:Hardware
2149:Dell EMC
1984:Archived
1959:March 5,
1927:Archived
1902:March 1,
1896:Archived
1870:March 5,
1838:Archived
1779:Archived
1720:Archived
1689:Archived
1685:khou.com
1659:Archived
1633:Archived
1603:Archived
1569:Archived
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1479:Archived
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1445:BBC News
1419:Archived
1387:Archived
1363:Archived
1225:Archived
1109:Archived
1087:Archived
1022:July 29,
990:Archived
926:Archived
837:April 2,
831:Archived
734:Archived
704:Archived
647:Archived
612:Archived
510:Writings
301:Apple II
293:teletype
163:Children
103:investor
2450:Force10
2170:Servers
1865:Fortune
1775:Fortune
932:June 9,
730:Reuters
618:June 9,
608:Industr
421:Penalty
381:servers
376:Fortune
317:at the
315:pre-med
254:Houston
157:
149:
145:
75:Houston
2380:Streak
2325:Studio
2281:Vostro
2154:VMware
2097:C-SPAN
2069:online
2046:
2016:May 3,
1954:Forbes
1753:
1415:Forbes
1340:
1196:
1163:
1138:
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900:
872:
740:May 5,
700:Forbes
674:Forbes
537:Wealth
385:Compaq
278:stocks
258:Jewish
227:VMware
223:Forbes
137:Spouse
2515:Other
2435:Boomi
2390:Venue
2340:FX100
2310:Adamo
1190:12–13
546:One57
446:Worth
256:to a
151:(
147:
114:Title
2522:Axim
2490:Wyse
2187:VRTX
2044:ISBN
2018:2024
1992:2017
1961:2024
1935:2016
1904:2024
1872:2024
1846:2018
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1787:2021
1751:ISBN
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1697:2020
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1641:2016
1611:2020
1577:2010
1546:2011
1517:2017
1487:2017
1457:2017
1427:2016
1371:2010
1338:ISBN
1315:2024
1307:CNET
1289:2010
1259:2024
1233:2010
1194:ISBN
1161:ISBN
1136:ISBN
1117:2017
1064:ISBN
1060:9–10
1024:2020
998:2018
961:ISBN
934:2020
898:ISBN
870:ISBN
839:2019
805:2022
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