Michael S. Dell

AAA

DEFINITION of 'Michael S. Dell'

A long-time CEO and chairman of Texas-based computer company, Dell. Mchael Dell is known for the computer company he started in 1984 under the name PCs Limited and now bears his name. The company grew rapidly and competed heavily with IBM, becoming a Fortune 500 company in 1992. Dell has been named to the Forbes lists of the world's richest people and America's highest-paid CEOs.

INVESTOPEDIA EXPLAINS 'Michael S. Dell'

Michael Dell was born in 1965 in Houston. His company, Dell, distinguishes itself from other computer manufacturers by allowing customers to order computers with customized specifications directly from the company rather than purchasing premade computers off the shelf in retail stores. It also developed a strategy to limit the company's inventory so it could rapidly and profitably adapt to changing technology. This business model allows Dell to be highly competitive both in price and in customer service. His success allowed him to create the Michael and Susan Dell Foundation with his wife in 1999 to improve the health and education of children living in urban poverty in the United States, South Africa and India.

RELATED TERMS
  1. Chairman

    An executive elected by a company's board of directors that is ...
  2. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  3. Corporate Action

    Any event that brings material change to a company and affects ...
  4. Corporate Governance

    The system of rules, practices and processes by which a company ...
  5. Corporation

    A legal entity that is separate and distinct from its owners. ...
  6. Inside Director

    A board member who is an employee, officer or stakeholder in ...
Related Articles
  1. Entrepreneurship

    Female CEOs Who Climbed The Corporate ...

  2. Professionals

    Management Strategies From A Top CEO

  3. Active Trading

    The Best CEOs Listen To The Street

  4. Entrepreneurship

    CEOs Who Blazed The Trail (Kroc, Hock ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center