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Key Takeaways Michael Dell, 61, is now the fifth-richest person in the world, ahead of Warren Buffett, Mark Zuckerberg and Jensen Huang.
Dell’s company stock has risen 225% this year, pushing the firm’s market value to $281 billion.
Dell’s total net worth was $212 billion at the time of writing.
Michael Dell first became a billionaire 30 years ago. Now the 61-year-old founder and CEO of Dell Technologies is the fifth-richest person on the planet, according to the Bloomberg Billionaires Index.
Business Insider recently reported that Dell has pulled ahead of other billionaires, including Oracle founder Larry Ellison, Meta CEO Mark Zuckerberg, Nvidia CEO Jensen Huang and Berkshire Hathaway chairman Warren Buffett.
He is one of six people with a fortune exceeding $200 billion, joining the ranks of Elon Musk, Larry Page, Sergey Brin, Jeff Bezos and Ellison. Dell’s total net worth was $212 billion at the time of writing.
Dell’s fortune has grown by around $71.9 billion since the beginning of the year. Only Musk has gained more riches in the same time period.
Why has Dell’s net worth grown?
Dell’s wealth has increased rapidly because his company’s stock rose 225% this year, pushing the firm’s market valuation to $255 billion — greater than the value of companies like Citigroup, American Express and Qualcomm.
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