Name: Michael Dell
Fortune: Self Made (Dell)
Net Worth: 17.1 Billion
Industry: Technology
Billionaire World Rank: #12
Book: Direct from Dell - Strategies that Revolutionized an Industry
Amazon.com Rate:
Price: $10.85 - Buy Now At Amazon.com
From Forbes:
"Founder, former chief executive of world's largest PC maker feeling tremors at the top. Even though second-quarter revenue spiked up 15% last year to $13.5 billion, stock sank 13%, biggest dip in almost 4 years. Soft-spoken Texan started selling computers from University of Texas dorm room 1984; dropped out to start Dell Computer. Went public in 1988, grew fast with direct-sales model, kept R&D costs low. Ironfisted chief info officer Randall Mott led charge to trim spending; swiped by rival HP in July. Steady seller of Dell stock, pumps cash into private investment firm MSD Capital. Assets include 377-room Four Seasons Resort Maui in Wailea, Hawaii; stakes in IHOP, NorthWestern, Indiana restaurant chain Steak n Shake. Devoted Republican sits on U.S. President's Council of Advisors on Science & Technology. Wife, Susan, created fashion label Phi, sells through Neiman Marcus."
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