Michael Dell Fortune Surges to $273 Billion, Briefly Second Richest
Michael Dell’s fortune surged as Dell Technologies shares reached record highs, lifting him past Jeff Bezos and then Larry Page in billionaire rankings. Forbes estimated Dell’s net worth at $267.7 billion at Tuesday’s close, making him the world’s third-richest person, before Wednesday’s gains raised it to $273.2 billion and briefly moved him into second place behind Elon Musk. Dell Technologies stock has risen sharply this year amid strong demand for artificial-intelligence hardware, while the company reported substantial year-over-year revenue and earnings growth and record AI-server orders. The rapid rise has produced differing rankings across reports and could continue to shift with Dell’s share price and upcoming financial results.
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