Biography of Michael Dell, the founder of Dell Computer Company
You may have heard of the Dell computer brand by now, this company was founded by Michael Dell and today it operates as one of the best in this field. Michael Dell It is now known as the largest direct seller of computer systems in the world.
Summary of Michael Dell's biography:
Full name: Michael Saul Dell
Date of birth: February 23, 1965
Place of birth: Houston, Texas, USA
Nationality: American
Education: No university degree
Profession: founder, president and CEO of Dell
Biography of Michael Dell:
Michael Saul Dell was born on February 23, 1965 in Houston, Texas, USA. Lorraine Charlotte, Michael's mother, was a stock market activist, and his father, Alexander Dell, was known as an orthodontic dentist. Del's early years were spent at Hera Houston School, since he was a child, he was engaged in buying and selling stocks part-time and showed great interest in computers. When he reached the age of 7, he bought a calculator, this small tool was able to lead Del's life path towards digital technologies.
Dell started working at the age of 12, and after a while working in the dishwasher, he quickly progressed and started working as a manager of a section of workers. When he was 15 years old, he bought his first computer, which was an Apple II, and began to examine the parts by disassembling it.
Dell went to Memorial High School in Houston to complete his schooling, his family insisted that he go to medical school to continue his education.
Selling subscriptions to the Houston Post magazine was one of the most lucrative jobs he had as a teenager. He studied the population interested in buying subscriptions, then with the help of his friends and classmates, he made a good income in this field. In the first year, Dell's income reached 18 thousand dollars and most of his clients were his teachers.
According to the insistence of Michael's family, he entered medical school in 1983, but his interest in computers did not leave his mind. For this reason, he started a part-time computer business while studying at the University of Texas. In this work, he upgraded or repaired personal computers, his income from this work reached 180 thousand dollars in the first month.
Michael Dell's work:
After some time of Michael's activity in the computer parts market, he realized that the income from the direct sale of parts is much more than the retail sale and assembly of personal computers. For this reason, after earning enough money, he left his university and focused on making money through computers.
In 1999, Michael returned to the university and took part in a ceremony at the University of Texas to record souvenir pictures of students.
In 1984, Michael Dell registered his first company called PC's Limited, in the first year of his work, the income from the activity reached 6 million dollars. Three years later, the company changed its name to Dell Computer Corp.
In the early years of his activity, few employees worked for him and were responsible for tasks such as sales, manufacturing and repairing parts, and preparing orders.
Dell's growth was so high that it made Michael Dell a successful CEO at the age of 27, so that he was included in the Fortune 500 list. One of the platforms for Dell's progress can be seen as their decision to sell products through the Internet. They introduced the Dell website for the official sale of their products and designed and set up dedicated servers for this purpose. According to the reports of the same year, daily sales of about one million dollars were mentioned for the Dell company.
A few years after placing Dell among the rich, he decided to establish a company called MSD Capital to manage the family's income and investments. He founded the company in 1998 for this purpose.
The activities of this company are the management of all investments and real estates of the Del May family. This company has about 80 employees and has branches in cities such as New York, Santa Monica and London. MSD's investments include real estate consulting companies in Mexico, Hawaii, and California. Following the rapid growth of the Dell company, it entered the Fortune 500 list in the early years. Michael Dell once left the position of CEO of his company and in 2004, he gave this position to Kevin Rollis. Del himself continued his activity as the chairman of the board of directors. In 2007, the board asked him to return to his previous job.
In 2013, Dell decided to own the majority of the company's shares to once again run the company privately. In the same year, with the help of the capital management companies Silver Lake Partners, Microsoft and Consortium, he took a loan and was able to repurchase 75% of his shares.
This share transfer was accompanied by many challenges, but what was important to Michael; The re-privatization of companies was Del. This transfer cost 25 billion dollars for this successful investor.
Personal life of Michael Dell:
Michael Dell has a very shy personality and married Susan Liebman in 1989. This couple currently has 4 children and Del's wife is a skilled designer from Dallas, she cares a lot about her family and spends about 3 billion dollars a year to ensure their security, although Dell's security measures never mean absence. His children have not been in cyberspace.
Michael Dell and his wife's charity:
Del and his wife have supported many children, this work was possible since 1999 by setting up a charity. This institution has been able to support many children in different parts of the world.
Honors of Michael Dell:
Due to all his effective activities, Michael Dell has won many titles and honors, some of which are mentioned below:
– Dell has been named as the top entrepreneur of the year by the Inc website
– Dell has been announced as the best American CEO from the point of view of Worth magazine.
– Michael Dell has been mentioned as the best CEO through various media.
– In 2013, he won the Bower Award in the business leadership section of the Franklin Michael Institute.
– The book Direct From Dell, which was published in 1999, is one of the most important honors of Michael Dell and refers to his life story and progress in the field of Dell companies.
– Dell made many investments in the field of scientific activities and continuously supports them; For this reason, in 2002, the University of Limerick, Ireland awarded Michael Dell an honorary doctorate in the field of economic sciences.
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