Early Life
Michael Dell was born in Houston, Texas, on February 23, 1965, to a Jewish family. His parents, Lorraine and Alexander Dell, instilled in him an early appreciation for business. He attended Herod Elementary School and Memorial High School in Houston. At age eight, he sought to take a high school equivalency exam to start working early. Dell invested in stocks and precious metals in his early teens.
Rise to Success
Dell's entrepreneurial journey began at the University of Texas at Austin, where he started upgrading and selling computers from his dorm room. Recognizing the inefficiencies of the existing retail model, he launched PC's Limited in 1984, selling customized PCs directly to consumers. This direct-to-consumer approach enabled him to offer competitive prices and better service. By 1992, at age 27, he was the youngest CEO of a Fortune 500 company. The company later became Dell Technologies, a major player in the global technology industry. In 2013, he took Dell private to restructure, returning it to the public market in 2018. Dell's strategic acquisitions, notably EMC Corporation in 2015, expanded Dell Technologies' portfolio and market presence.
Key Business Strategies
Key to Dell's success was his innovative direct-sales model, which allowed the company to understand and meet customer needs more effectively. Dell focused on customization and efficient operations. He spearheaded strategic acquisitions, like EMC, to grow the company's offerings. Dell also emphasized adapting to changing market dynamics, investing in cloud solutions, cybersecurity, and artificial intelligence.
Philanthropy
Michael and his wife, Susan Dell, established the Michael & Susan Dell Foundation in 1999, focusing on children's issues, education, and community initiatives in the U.S. and abroad. The foundation has donated billions of dollars to various causes. In 2025, the Dells pledged to donate over $6 billion to support children's savings accounts through the “Trump Accounts.”