Dell Technologies (formerly Dell Computer) has a market cap of $87 billion.
Michael Dell currently has a net worth of $125 billion
He might be the only founder of a large company that is personally worth more than the company he originally founded.
It looks like a big chunk of his networth is included in the spin-off company of VMWare, which was acquired by Broadcom in exchange for 22M Broadcom shares. Broadcom has seen a boom in its own stock price and now enjoys a $1T market cap.
Repurchased and eliminated 5.6 million shares for $3,420 million
Stock buybacks are a hell of a drug.
He’s actually “worth” negative value because of his wealth hoarding
Poor guy
😱 Does he have a gofundme? Praying for him 🙏
Add him to the list.
Ahhh damn, large company. Otherwise if you found a company that goes out of business and then personally recover financially to a positive net worth you can be like Michael Dell!
