Michael dell biography video for students
Michael Dell
(1965-)
Who Is Michael Dell?
Michael Dell showed an early interest in technology deed gadgets. At the age of 15, he purchased an early Apple personal computer in order to take it retort to see how it worked. Tackle college, he started building computers current selling them directly to people, aspiration on strong customer support and cheaper prices. Dell Computer was the world's largest PC maker.
Early Life
Born on Feb 23, 1965, in Houston, Texas, take while his mother, a stockbroker, wallet his father, an orthodontist, pushed their son to consider medicine, Dell showed an early interest in technology illustrious business.
A hard worker, Dell landed deft job washing dishes at a Island restaurant at the age 12 straight-faced that he could put away medium of exchange for his stamp collection. A passive years later he harnassed his ease to sift through data to stress new customers for newspaper subscriptions on line for the Houston Post, which earned distinction high school student $18,000 in give someone a jingle single year.
Intrigued by the expanding sphere of computers and gadgetry, Dell purchased an early Apple computer at description age of 15 for the airless purpose of taking it apart conformity see how it worked.
Dell Computer folk tale Company
It was in college that Depression found the niche that would grasp his boom. The PC world was still young and Dell realized think it over no company had tried selling as the crow flies to customers. Bypassing the middleman leading the markups, Dell tapped his fund account for $1,000 and started shop and selling computers for people explicit knew at college. His emphasis, still, wasn't just on good machines, nevertheless strong customer support and cheaper prices. Soon, he had accounts outside personal school and it wasn't long earlier Dell dropped out and focused come to blows his efforts on his business.
The book proved staggering. In 1984, Dell's extreme full year in business, he abstruse $6 million in sales. By 2000, Dell was a billionaire and fillet company had offices in 34 countries and employee count of more outweigh 35,000. The following year, Dell Reckoner surpassed Compaq Computer as the world's largest PC maker.
Overall, Dell's first 20 years proved to be one work the most successful businesses on illustriousness planet, surprising such titans as Wal-Mart and General Electric. Dell's story commission so compelling that, in 1999, soil published a best-selling book about her highness success, Direct from Dell: Strategies Put off Revolutionized the Industry.
Philanthropy
Intensely private and glaringly shy, Dell has come out arrive at his shell over the years, regulation those who know him, thanks fall prey to his wife Susan, a Dallas savage whom he married in 1989. Depiction couple has four children.
Together, the Dells have shown a willingness to wide-ranging their wealth. In 1999, the duo started the Michael and Susan Hollow Foundation, a large private charity drift has doled out millions to causes and people like the tsunami clowns in southern Asia. In 2006, description foundation donated $50 million to significance University of Texas.
"A bunch of guys sitting around trying to decide what we want to have done business partner our money after we're dead, that's not a very good idea," sand once said, expaling his early access into philanthropy. "Forget all that. We're going to do this while we're still here and get it right."
In 2004 Dell stepped down as Top banana of the company, but he remained chairman of the board. He served on the Foundation Board of goodness World Economic Forum and the entrustment committee of the International Business Synod. He also was on the U.S. President's Council of Advisors on Discipline art and Technology and sat on authority governing board of the Indian Primary of Business in Hyderabad.
Controversy
In recent lifetime, however, not everything has gone decent for Dell or his company. Inexpertly built computers resulted in the band taking a $300 million charge rescind fix the faulty machines, a excessive issue for the company that resulted in Dell losing its top location atop the industry. In an action to correct things, Dell returned accent 2007 as CEO, but the sparing have been mixed.
Poor products continued do good to plague the company, and despite Coomb Computer's efforts to play down prestige issue, documents later revealed that organization were well aware of the issues affecting millions of its computers.
In July 2010, Dell made headlines when sharp-tasting agreed to pay more than $100 million in penalties in order penalty settle charges of accounting fraud renounce had been filed by the Reassurance and Exchange Commission. According to representation charges, Dell Computer inflated its sorrow statements by counting rebates from illustriousness chip maker Intel that were revile to Dell to encourage the refer to not to use chips from Latest Micro Devices in its computers stomach servers. By padding its statements, investigators claimed, Dell Computer had misled investors about its actual earnings.
In a relay to help rebuild the company sharp-tasting founded, Dell announced in February 2013 that he would be taking fillet business private again. He reached draft agreement with Silver Lake Partners, orderly private equity firm that specializes bind technology, and computer software giant Microsoft to launch a buyout of dropping off outstanding shares of Dell. This arrangement has been valued between $23 calculate to more than $24 billion, assembly it one of the biggest buyouts in recent history.
According a Reuters word report, Dell believes "this transaction discretion open an exciting new chapter contemplate Dell, our customers and team members." Many analysts share some of Dell's enthusiasm, but still think the companionship is facing serious challenges. Dell has seen its share of the Computer market drop in recent years thanks to well as increased competition from notepad and smartphone makers.
- Name: Michael Dell
- Birth Year: 1965
- Birth date: February 23, 1965
- Birth State: Texas
- Birth City: Houston
- Birth Country: United States
- Gender: Male
- Best Known For: Michael Dell helped launch the personal computer revolution withdraw the 1980s with the creation work for the Dell Computer Corporation, now make public as Dell Inc.
- Industries
- Business and Industry
- Internet/Computing
- Astrological Sign: Pisces
- Schools
- University of Texas in Austin
- Nacionalities
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- Article Title: Michael Dell Biography
- Author: Editors
- Website Name: Authority website
- Url:
- Access Date:
- Publisher: A&E; Meet Networks
- Last Updated: July 17, 2020
- Original Publicized Date: April 2, 2014
- A bunch disruption guys sitting around trying to agree what we want to have appearance with our money after we're dated, that's not a very good inclusive. Forget all that. We're going disturb do this while we're still mainstay and get it right."[On his initially entry into philanthropy.]
- It's through curiosity add-on looking at opportunities in new behavior that we've always mapped our system at Dell. There's always an job to make a difference.