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Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and investor. He is the founder, chairman, and CEO of Dell Technologies , one of the world's largest technology infrastructure companies.
The Michael & Susan Dell Foundation was set up in 1999. Susan and Michael Dell have supported the foundation primarily through investing the proceeds of sales of shares of Dell Inc. [1] More than (USA) $650 million has been given to children's issues and community initiatives in the United States, India, South Africa as of 2010. [2]
Michael Dell announced a number of initiatives and plans (part of the "Dell 2.0" initiative) to improve the company's financial performance. These include elimination of 2006 bonuses for employees with some discretionary awards, reduction in the number of managers reporting directly to Michael Dell from 20 to 12, and reduction of "bureaucracy".
In January 2023, BDT & MSD was formed from the merger of BDT & Company, a merchant bank founded by Byron Trott that provides advice and capital to family and founder-led companies, and MSD Partners, an investment firm that manages the wealth of Michael Dell and his family.
DFO Management, LLC (formerly MSD Capital) is an American family office that manages the capital of Michael Dell and his family. The firm, which is based in New York City and has offices in Santa Monica and West Palm Beach, was formed in 1998.
Dell Technologies Inc. is an American multinational technology company headquartered in Round Rock, Texas. It was formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC ). [ 3 ]
He is the co-founding partner and chief investment officer of MSD Capital, a private investment company established in 1998 to manage the capital of Michael Dell. [3] Phelan is the co-founder and chairman of Rugger Management LLC, a private investment company based in Palm Beach, Florida. [2]
He worked at Dell for seven years, where he rose to become the #2 executive behind Michael Dell as President of Worldwide Marketing, Sales and Service. [1] He developed Dell's winning commercial and government strategy and execution. He is recognized for presiding over Dell’s explosive growth in the early to mid 1990s as its number 2 ...