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Michael Dell
Early years

Michael Saul Dell (born February 23, 1965 in Houston, Texas) is the founder of Dell, Inc. He is the son of an orthodontist and grew up in a well-to-do Jewish family. He had his first encounter with a computer at the age of 15 when he broke down a brand new Apple II computer and rebuilt it, just to see if he could. Dell attended Memorial High School in Houston, Texas, where he did not excel scholastically. Reportedly one of his teachers, still currently teaching there, commented to him that he "would probably never go anywhere in life".

Michael Dell

Dell Computer Corporation

After graduating high school, he attended the University of Texas at Austin intending to become a physician. While at the university, he started a computer company called PC's Limited in his room in Dobie Center in 1984 with just $1,000 and an idea to provide affordable personal computers to college students.

The company became successful enough that, with the help of an additional loan from his grandparents, Dell dropped out of college at the age of 19 to run the business full-time. In 1987, PC's Limited changed its name to Dell Computer Corporation. Over time, and despite a number of setbacks (including laptops that caught on fire in 1993, temporarily losing the consumer market to Gateway in the mid 1990's, and others), Dell survived to become the most profitable PC manufacturer in the world, with sales of US$ 49 billion and profits of US$ 3 billion in 2004. In 2003, shareholders voted to rename the corporation Dell, Inc., in order to acknowledge Dell's prospective and ongoing product line expansion.

On March 4, 2004, he stepped down as CEO of Dell but stayed as chairman of the board, while Kevin Rollins, then president and COO, became president and CEO.

Michael Dell

Recognition

Accolades for Dell include: "Entrepreneur of the Year" from Inc. magazine; "Man of the Year" from PC Magazine; "Top CEO in American Business" from Worth Magazine; "CEO of the Year" from Financial World and Industry Week magazines.

In the 2005 publication of the Forbes 400, Dell was listed as the 4th richest man in the United States and the 18th richest in the world with net assets of around US$ 18 billion. Dell resides in Austin, Texas with his wife, Susan, and their four children. Dell reportedly owns the 15th largest home in the world. It is worth an estimated US$18.7 million.

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