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• Intel-Dell Dealings Under Fire

  MSNBC - Found Nov. 5, 2009 9, 2002, meeting between Dell's then-COO Kevin Rollins and a top Intel executive, Rollins reported to Dell CEO and founder Michael Dell that... New York attorney general files antitrust lawsuit against Intel - Engadget Intel accused of ?coercion and bribery? in lawsuit - Times Online NY charges Intel with antitrust - ZDNet NY Attorney General Sues Intel for Bribing PC Makers - Wired News Explore All

  CNET News.com

• Intel hit by NY antitrust suit, kickbacks alleged

  CNN Money - Found Nov. 4, 2009 According to the complaint, Dell founder Michael Dell wrote a Nov. 10, 2005, email to Otellini where he complained about losing competitive... Video: Inside Intel Antitrust Lawsuit - MSNBC Intel hit with antitrust lawsuit - Times Online Intel hit with antitrust lawsuit by N.Y. atty gen - CNN Money N.Y. AG accuses Intel of antitrust violations - MSNBC Explore All

  Huffington Post

• Intel hit with antitrust lawsuit by Cuomo

  Exec Digital US - Found Nov. 4, 2009 According to the complaint, Dell founder Michael Dell wrote a November 10, 2005, email to Otellini where he complained about losing... State Accuses Intel in an Antitrust Suit - International Herald Tribune 2nd UPDATE: NY AG: Dell Got $6 Billion Via Secret Intel Pact - Morningstar.com UPDATE: NY AG: Dell Got $6 Billion Through Secret Intel Pact - Morningstar.com 2nd UPDATE: NY AG: Dell Got $6 Billion Via Secret Intel Pact - CNN Money Explore All

  New York Magazine

• Dell Closes Tender Offer To Buy Perot Systems - Update

  RTTNews.com - Found Nov. 3, 2009 ... to the formation of Dell Services, Dell appointed Peter Altabef as president of Dell Services, reporting to Michael Dell, Dell chairman and... Dell finalizes $3.9 billion offer for Perot - CNET News.com Dell Announces Successful Completion Of Tender Offer For Perot ... - RTTNews.com Dell Completes Tender Offer for Perot Systems - Individual.com Dell Completes Tender Offer for Perot Systems - Earthtimes.org Explore All

• Peering inside Microsoft's giant data center

  ZDNet - Found Nov. 2, 2009 14-09 Length: 00:04:09 Michael Dell brings self-service IT to the enterprise At Oracle OpenWorld in San Francisco, Dell CEO Michael Dell talks...

• The FrankenBook: A Creation that Cannot be Killed

  SlashGear - Found Oct. 27, 2009 ... have been disappointed in the poor performance and graphics of the mini laptops, echoing almost exactly what Michael Dell had to say a week...

• HTC confirm Android 2.0 smartphones incoming

  SlashGear - Found Oct. 26, 2009 Android on upcoming handsets Tatung developing Android smartphone, possibly WiMAX? Michael Dell says (again) Dell phone is coming in...

• Michael Dell Talks Smartphones, Desktops

  ShoppingBlog.com - Found Oct. 18, 2009 Dell CEO Michael Dell said at the FireGlobal conference that the company will be launching a smartphone in 2010. He said it will be built with

• Churchill Club podcast: An Evening with Michael Dell

  Between the Lines - Found Oct. 21, 2009 In this installment of the Churchill Club podcast series, Dell CEO Michael Dell riffs on netbooks, the spending environment and Windows 7.

• Michael Dell says (again) Dell phone is coming in 2010, and may use ...

  SlashGear - Found Oct. 16, 2009 Dell CEO Michael Dell has been saying that his company will be trotting its Ophone-based mini 3i Android-powered smartphone out to consumers in the ...

Michael Dell extracted from Wikipedia, the Free Encyclopedia, distributed under the GNU Free Documentation License

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Michael Dell
Dell: founder, CEO, and chairman of Dell, Inc.
Born	February 23, 1965 (1965-02-23) (age 44) Houston, Texas, U.S.
Education	Attended University of Texas, Austin, 1983–1984
Occupation	CEO and founder, Dell, Inc.
Net worth	▲''$12.3 Billion (2009)1
Religious beliefs	Jewish
Spouse(s)	Susan Dell
Children	4

Michael Saul Dell (born February 23, 1965, in Houston, Texas) is an American multibillionaire businessman and the founder and CEO of Dell, Inc.

Contents 1 Biography 1.1 Early life and education 1.2 Career 2 Wealth and personal life 2.1 Philanthropy 2.2 Political lobbying and contributions 2.3 MSD Capital 2.4 Feud with Steve Jobs and Apple 2.5 Expansion 2.6 Innovation 3 References 4 Bibliography

Biography

Early life and education

Dell was born into a family which liberally practiced Judaism.² The son of an orthodontist³ and a stockbroker, Dell attended Herod Elementary School in Houston, Texas.⁴ Dell 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 where he did not excel academically. During that time he did however exhibit formidable business instincts selling subscriptions for the Houston Post. Selling to newlyweds Dell made $18,000 and bought a car and three computers with it.⁵⁶

Career

While at the University of Texas at Austin, he started a computer company called PC's Limited in room 2713 of twenty-seven story residence hall Dobie Center.⁷ ]].^{8clarification needed} The company became successful enough that, with the help of an additional loan from his grandparents, Dell dropped out of the university at the age of 19 to run PC's Limited, which later became Dell Computer Corporation, then ultimately Dell, Inc.

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 1990s, and others), Dell survived the race to become the most profitable PC manufacturer in the world, with sales of $49 billion and profits of $3 billion in 2004. As Dell expanded its product line to more than computers, shareholders voted to rename the corporation Dell, Inc. in 2003.

On March 4, 2004, he stepped down as CEO of Dell but stayed as chairman of the board, while Kevin B. Rollins, then president and COO, became president and CEO. On January 31, 2007, Dell returned as CEO, succeeding Kevin Rollins (who resigned earlier in the day).⁹

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, Industry Week and Chief Executive magazine. At a speech before the Detroit Economic Club in November, 1999, Dell defined the "3 C's" of e-commerce (content, commerce, and community) while articulating his strategy for offering a superior customer experience online.¹⁰

Wealth and personal life

As of 2009, Forbes estimates Dell's net worth at $12.3 billion.¹

Dell currently resides in Austin, Texas with his wife, Susan, and their children,¹¹ Kira, Alexa, and fraternal twins Zachary and Juliette.¹²

Philanthropy

On May 15, 2006, The University of Texas at Austin announced a $50 million grant from the Michael and Susan Dell Foundation to "bring excellence in children's health and education to Austin". The grant will enable the construction of three new facilities at the university. The first is the Dell Pediatric Research Institute which is expected to complement the new Dell Children's Medical Center nearby. The second is a new computer science building on the UT campus named Dell Computer Science Hall. The third is the Michael and Susan Dell Center for Advancement of Healthy Living, which is intended to address issues that affect healthy childhood development.¹³

In 2002, he received an Honorary Doctorate in Economic Science from the University of Limerick, in honor of his investment in Ireland and the local community along with his support for educational initiatives.¹⁴

Political lobbying and contributions

In 2005, Susan and Michael Dell were among 53 entities that each contributed $250,000 (the maximum legal donation) to the second inauguration of President George W. Bush.¹⁵¹⁶¹⁷

MSD Capital

In 1998, Michael Dell founded MSD Capital LP, a private investment firm, to invest in various small companies on Dell's behalf. According to reports, the firm tends to invest in "late stage" investments rather than early in a company's startup.

Feud with Steve Jobs and Apple

Michael Dell had a public war of words with Apple, Inc. CEO Steve Jobs, starting when Jobs first criticized Dell for making "un-innovative beige boxes". On October 6, 1997, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders."¹⁸ In the 2001 Apple special Media conference Jobs said "Michael Dell has said some discouraging things about us lately in public, but we're not going to engage in that sort of thing". In 2002, Dell's online store started selling Apple's iPod music players.¹⁹ They stopped selling iPods in 2003, due to contract issues between Dell and Apple.²⁰ On January 13, 2006, Apple's market capitalization surpassed that of Dell.

Expansion

Michael Dell expressed his desire to expand Dell's market share in various countries such as Brazil, Russia, India, and China (BRIC). To this, Vladmir Putin responded by saying, "We don't need help. We are not invalids."²¹

Innovation

Dell has often been accused of a failure to innovate, but he insists the commercialisation of new technology is still high on the company's agenda. "Our global consumer business introduced double the number of products in 2008 than in 2007," he said. But Dell refuses to be drawn on questions relating to the company's entry into the smartphone market. "Ask me again in six months", he told Director magazine in April, 2009.²²

References

Bibliography

Michael, Dell; Catherine Fredman (1999). Direct From Dell: Strategies That Revolutionized an Industry. New York, New York: HarperColins Publishers. ISBN 0-88-730914-3. 

v • d • e Dell, Inc. Board of directors Don Carty · Michael Dell · William H. Gray · Sallie Krawcheck · Alan Lafley · Judy Lewent · Tom Luce · Michael A. Miles · Sam Nunn Computers Adamo · OptiPlex · Dimension · Precision · XPS · Latitude · Inspiron · Inspiron Mini · Vostro · Studio Servers PowerEdge · PowerVault · Dell/EMC Acquisitions Alienware · Dell EqualLogic Related Mergers and acquisitions · Axim · Digital Jukebox (DJ) · Monitors · Dell Support Center Annual Revenue: ▲$56.74 billion USD (2006) · Employees: 90,400 (2006) · Stock Symbol: NASDAQ DELL · Website: dell.com