Archive · 10 Sep 2026
Michael Dell’s Fortune Surge Briefly Makes Him World’s Second-Richest
Michael Dell started a computer business when he was 19 years old with $1,000.
That business grew into Dell Technologies.
The company now makes technology equipment used for artificial intelligence.
Dell owns a large part of the company.
When its stock price rose, his personal wealth rose too.
Forbes estimated that his fortune reached $273.2 billion.
This briefly made him the second-richest person in the world.
Other wealth lists later placed him lower, showing that billionaire rankings can change quickly.
Dell Technologies also reported strong sales and large AI-related orders.
Michael Dell’s estimated fortune rose to $273.2 billion, briefly placing him second on Forbes’ rankings.
Dell overtook Jeff Bezos, Larry Page, Sergey Brin, Mark Zuckerberg and Larry Ellison during the reshuffling.
Dell Technologies shares climbed 4% to a record $555.31, adding about $6.3 billion to Dell’s wealth.
Dell owns roughly 40% of Dell Technologies and has investments through DFO Management and Broadcom.
The company reported $47 billion in fiscal second-quarter revenue and $60.9 billion in AI-related orders.
- Who
- Michael Dell, chairman and chief executive of Dell Technologies, was the central figure; Elon Musk remained ahead of him in Forbes’ ranking.
- What
- Dell’s estimated fortune briefly rose to $273.2 billion, moving him to No. 2 on Forbes’ billionaire ranking.
- When
- The rise occurred on Wednesday morning in September 2026, after Dell reached No. 3 on Tuesday; Forbes published the $273.2 billion estimate on September 9.
- Where
- The ranking change was reported in Forbes’ global billionaire rankings and followed trading in Dell Technologies shares.
- Why
- Dell Technologies’ stock rose amid investor anticipation of Michael Dell’s conference appearance, the company’s AI growth and strong financial results.
- Peak Forbes estimate
- $273.2 billion on September 9, 2026
- Reported position
- No. 2 on Forbes’ list, briefly
- Dell Technologies stake
- Michael Dell personally owns about 40% of the company’s shares
- Stock movement
- Dell Technologies shares rose 4% to $555.31 on Wednesday morning
- Wealth increase
- The stock rise added about $6.3 billion to Dell’s fortune
- Fiscal second-quarter revenue
- $47 billion, up 58% year over year
- AI-related orders and revenue
- $60.9 billion in AI-related orders and $16.4 billion in AI revenue