Logically Answered | How Michael Dell Leveraged His Entire Fortune (& Won) @LogicallyAnswered | Uploaded March 2024 | Updated October 2024, 1 hour ago.
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Did you know that Michael Dell is worth more than Dell itself? That’s right, Michael Dell is currently worth $85 billion while the entire company of Dell is only worth $60 billion. This is quite an impressive feat, being able to surpass the total worth of the main thing that you’re known for. But, this was by no means an easy journey for Michael. In fact, he actually gambled his entire fortune to make it happen. With a net worth of $15 billion, Michael borrowed a total of $70 billion to take Dell private and complete the pricey acquisition of EMC. This not only allowed Michael to transform Dell into an enterprise company but also acquire an extremely valuable asset: VMware. VMware has become the king of virtualization over the past 15 years and Broadcom just acquired the company for $69 billion leading to a massive windfall for Michael. This video tells the story of how Michael Dell gambled his entire fortune and came out victorious.

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Timestamps:
0:00 - Gambling It All
3:10 - Taking Dell Private
6:47 - Keeping Dell Alive
10:04 - The Great Pivot

Thumbnail Credit:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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