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A bunch of guys sitting around trying to decide what we want to have done with our money after we're dead, that's not a very good idea. Forget all that. We're going to do this while we're still here and get it right."[On his early entry into philanthropy.]
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- Dell does business with every Fortune 100 company. Dell Chargersare the best of their type , charging their laptops the fastest !
- Dell ranked No. 1 in Technology Business Research’s 2009 CorporateSustainability Index Benchmark Report.
- Dell is the preferred home PC and laptop provider of small enterprises in theUnited States.
- Dell has been the No. 1 PC supplier to businesses small and large in the U.S. forover 10 years.
- Dell ships on average 140,000 systems per day- more than a system per second!
- Dell has nearly 2.000.000.000 (that’s 2 billion!) interactions with it’s customersevery year.
- Dell tanks No. 33 among the Fortune 500, and has one of the world’s leadingbrands.
- Dell was the first to install Red Hat Linux on corporate systems.
- 14 of the world’s top supercomputers External link run on Dell.
- The 10 largest U.S. companies run on Dell.
- The top 6 Internet service companies run on Dell.
- The top 5 U.S. commercial banks run on Dell.
- Dell shipped the first EPEAT Gold standard notebook.
- 9 Dell facilities in the U.S. and Europe are powered by 100 percent green energy.
- Dell is the first and only computer company offering free computer recycling toconsumers worldwide.
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- Michael Dell was born on 23 February 1965 in Houston to a Jewish family. His father, Alexander Dell, was an orthodontist while his mother Lorraine Charlotte (née Langfan), was a stockbroker.
- He received his primary education from Herod Elementary School in Houston. He was a bright young boy who learned several aspects of financial affairs from his stockbroker mother and developed an early interest in business.
- He loved earning money and took up a variety of odd jobs as a teenager. He also sold his stamp collection for $2000 which was a huge sum for a young boy. Unusually mature and enterprising for his age, he invested his earnings in stocks and precious metals.
- During his teenage years he was drawn towards technology and got his first computer when he was 15. He disassembled it to study the components and see how it worked.
- While studying at Memorial High School in Houston, he started selling subscriptions to the ‘Houston Post’ in the summer holidays. He realized that the method of making cold calls was not much effective and devised a new marketing plan which proved to be more successful. Within a year he earned $18,000, which was higher than what some of his school teachers earned in a year.
- Michael Dell knew from a young age that he wanted to be an entrepreneur. However, his parents wanted him to become a physician and thus he enrolled at the University of Texas at Austin, in 1983.
- Even as a pre-med student he did not give up on his entrepreneurial dreams. He started an informal business from his residential room, assembling and selling upgrade kits for personal computers. His business performed very well and before long he decided to drop out in order to devote more time to his business.
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- He has been named CEO of the Year by ‘Financial World’ (1993), ‘Industry Week’ (1998), and ‘Chief Executive’ (2001).
- He is also the recipient of the 2013 Franklin Institute’s Bower Award for Business Leadership.
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- Dell attended Herod Elementary School
- Dell attended Memorial High School in Houston
- Dell attended University of Texas at Austin
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- Michael Dell registered his company as “PC’s Limited” in January 1984. In May 1984, he changed the name of the company to Dell Computer Corporation. By now his business had grown to include a few employees to take and fill orders and upgrade basic machines.
- Dell emphasized on customer focus and made quality products and excellent customer service his priorities. His convictions paid off and the company’s sales grew manifold in the months to come. By 1985, the company also began to design and build computers with purchased components.
- In 1986, Dell introduced a 12-megahertz 286 processor—the fastest personal computer at that time. The price of this product compared favorably with a competing computer by IBM, and it became a huge success. The product gained excellent performance reviews and the company’s sales surged to $60 million that year.
- The company’s profits skyrocketed over the next few years and by 1992, the company was ranked in Fortune magazine’s list of the top 500 corporations. Dell, aged just 27 at that time was the CEO of one of the most successful companies in the world.
- During the 1990s, Dell realized the need to have an online presence and launched www.dell.com in 1994. Online pricing was introduced in 1995 and by 1996 the company was making online sales. Soon the internet sales reached about $1 million per day which rose to $50 million per day in 2000.
- Dell launched its first servers in 1996 and storage products in 1998. In 1998, he also founded the MSD Capital L.P. to manage his family’s investment activities which include publicly traded securities, private equity activities, and real estate.
- Michael Dell stepped down as CEO of the company in 2004 though he retained his position as chairman. He returned as CEO in 2007 at the request of the board.
- He came under considerable scrutiny in 2010 when Dell Inc. agreed to pay a $100 million penalty to settle charges of accounting fraud that had been filed by the Security and Exchange Commission in relation to undisclosed payments from Intel Corporation.
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Other names
Michael Saul Dell
Mother
Lorraine Charlotte Dell
Children
Kira Dell, Juliette Dell, Alexa Dell, Zachary Dell
Net worth
US$24.8 billion (February 2017)
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Quotes