Michael Dell is now the fifth richest person in the world—his worth has nearly doubled to $262 billion in the last year alone thanks to AI
Michael Dell, the founder and CEO of Dell Technologies, has seen his wealth double to $262 billion in just one year, making him the fifth richest person in the world according to the Bloomberg Billionaires Index. His fortune surged nearly $122 billion since this time last year. Dell Technologies, which he founded at the age of 19, has become a major player in the AI industry.
The company's stock has risen by 327% since the start of the year, and its revenue has reached $47 billion. Dell's wealth is largely due to his stake in the company, which has surged in value as it has become an AI powerhouse.
Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
