Michael Dell, founder and CEO of Dell Technologies, has become the fifth-richest person in the world with a net worth of $212 billion, surpassing Mark Zuckerberg, Larry Ellison, Jensen Huang and Warren Buffett. Dell's fortune has grown by about $71.9 billion this year, driven by a 225% surge in his company's stock, which pushed its market value to $255 billion. The company has benefited from the AI boom, with first-quarter net revenue jumping 88% to a record $44 billion and sales of AI-focused servers soaring 757% to over $16 billion. Dell owns approximately 41% of the company. He is now one of six people with a fortune exceeding $200 billion, joining Elon Musk, Larry Page, Sergey Brin, Jeff Bezos and Larry Ellison.
Dell Technologies IncAI boom drives record revenue and 757% surge in AI server sales.
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