this Billionaire Club One of the most unique people on Earth, but put it in the top 10 Elon Musk and Mark Zuckerbergit was an difficult battle. Michael Dell received billions in late June, but it wasn’t enough to break into that elite echelon.
this Dell Technology The founder sold $1.2 billion worth of company shares on June 27, reducing his stake by 3%, but added a cent to his bank account. Dell was the 12th richest man in the world that day, with a wealth of $135.4 billion – Bloomberg Billionaire Index.
As of July 6, the 60-year-old tech entrepreneur is now worth as much as $138 billion, just $1 billion less nvidia Co-founder Jensen Huang and ranked 11th on the list.
Bill Gates Thanks in part to Dell’s rise – Microsoft The co-founder chose to offload his hundreds of millions of dollars in currency to charities and placed Dells in the past 12th place, down seven positions at the same time. Putting this in context, Gates is the fifth richest man to live on July 3, emphasizing the intense (sometimes unstable) battle that makes it the top ten.
wealth Contact Dell for comment.
Can Dell overthrow yellow?
Dell and Nvidia are both leaders in the technology industry, from developing and selling IT products to making GPUs, and there is no explanation for how the AI revolution will enhance their destiny. Both CEOs’ fates swelled last year due to the explosion of technology, with Huang harvesting $24.8 billion while Dell earned $14 billion.
Whether Dell can top Huang depends on how their business thrives and how they handle their own shares. After downloading 10 million shares, Dell still holds $39 billion in the company (estimated to be about 40% of the business). Plus, the computer giant thrives, with its stock rising more than 9% since late May Analyst’s expectations Profits of $9.21 per share reached $9.40.
Meanwhile, Huang owned more than 800 million shares in his company as of late June, and he sold $15 million last month. His plan By the end of this year, up to 6 million shares were sold worth $873 million. NVIDIA shares also grew 9% this year, and have been more than 800% since December 2022.
It will be a tough battle to see who can be in the richest echelon in the world. Both Dell and Nvidia performed better than estimates, so it can ultimately be attributed to people who sold more shares earlier.
It’s unclear why Dell cashed in on his stock or if he had more plans to do so, but last year, he was the same Sell Blue has sold 20 million shares for the first time since 1999 for $2.3 billion.
Other CEOs climb up and fall – Exclusive Billionaire List
Dell isn’t the only billionaire growing, he’s climbing the world’s richest man this year. Oracle Co-founder Larry Ellison Enjoyed a huge surge in wealth last month, He’s soaring Just below his close friend Elon Musk.
back OracleEllison’s net worth increased by $40 billion in just a few days in awesome days. The company named after him by Cloud entrepreneur has about 41% stake, which triggered the fate of $25 billion on Thursday, June 12, and another $16 billion on Friday, June 13. He enjoyed $2500 billion in wealth, $2500 billion in wealth – on July 6, it was $2.53 billion, but since then, he has a larger price, and another $25 billion in price, the company is a bigger price, which is retail price, and it is third in New York City.
The list was shocked in other ways, too. In January this year, many billionaires enjoyed their honeymoon fortune. Super wealthy leaders Musk, Zuckerberg and Ellison carry $10 billion a day. Overall, the collective wealth of the richest people in the world saw their honey pots swelling by $314 billion. In early February, Musk had a net worth of $433 billion, Zuckerberg had $243 billion and Bezos had $256 billion.
But things can open up a dime. Artificial Intelligence Revolutionary DeepSeekExplosive entrance to the market It’s reportedly wiped Nearly $100 billion in the bank account of the richest tech giant in the United States.
