#10, Dell, Michael
38
, self made
Source: Technology, Dell
(quote,
executives,
news)
Net Worth: $13.0 billion
Hometown:
Round Rock
,
TX
Marital Status: married
, 4
children
Undergraduate: University of Texas Austin, Drop Out
Soft-spoken Texan continues to dominate brutal market for personal computers by clawing his way into servers, storage and services: "I think of us as the hunter, not the hunted." Just the attitude needed to keep Dell the world's biggest seller of PCs. Latest prey: HP and Apple. He plans to challenge them in printers and gadgets. Though build-to-order business model had little fat to trim, lean times forced him to find a way. Lowered operating costs to 10% of sales, down from 12% in 2000. The result: earnings up 31%. Started selling computers from dorm room in 1984. Dropped out to start Dell Computer; took public in 1988. Recently selling shares; diversifies portfolio via MSD Capital.
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| Associated Companies: |
| Dell Computer |
# 217 on Forbes 500s 2003
,
On Forbes 500s 2002
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| Other Lists: |
| Dell, Michael |
# 24 on World's Richest People 2003
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# 18 on World's Richest People 2002
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# 27 on World's Richest People 2001
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On World's Richest People 2000
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On World's Richest People 1999
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# 3 on Executive Pay 2003
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# 2 on Executive Pay 2002
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# 1 on Executive Pay 2001
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# 325 on Executive Pay 2000
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# 350 on Executive Pay 1999
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# 11 on Forbes 400 2002
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# 15 on Forbes 400 2001
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# 13 on Forbes 400 2000
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#10, Dell, Michael
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