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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 [email protected] to c/[email protected]

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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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[–] [email protected] 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 4 points 1 day ago

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

Stock buybacks are a hell of a drug.

[–] [email protected] 19 points 2 days ago (1 children)

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

[–] [email protected] 13 points 2 days ago (1 children)

Poor guy

[–] [email protected] 10 points 2 days ago

😱 Does he have a gofundme? Praying for him 🙏

[–] AlecSadler 7 points 1 day ago

Add him to the list.

[–] [email protected] 3 points 1 day 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!