this post was submitted on 06 Jan 2025
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Mildly Interesting

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Michael Dell's personal net worth is $38 billion greater than the entire market cap of Dell Computer. He is worth more than the company he founded. (lemmy.world)
submitted 2 days ago by xewdee@lemmy.world to c/mildlyinteresting@lemmy.world
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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.

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[–] UnderpantsWeevil@lemmy.world 39 points 2 days ago (1 children)

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.

[–] Bakkoda@sh.itjust.works 4 points 2 days ago

Repurchased and eliminated 5.6 million shares for $3,420 million

Stock buybacks are a hell of a drug.

[–] LodeMike@lemmy.today 19 points 2 days ago (1 children)

He's actually "worth" negative value because of his wealth hoarding

[–] INHALE_VEGETABLES@aussie.zone 13 points 2 days ago (1 children)

Poor guy

[–] remer@lemmy.world 10 points 2 days ago

😱 Does he have a gofundme? Praying for him 🙏

[–] AlecSadler@sh.itjust.works 7 points 2 days ago

Add him to the list.

[–] chonglibloodsport@lemmy.world 3 points 2 days ago

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!