Dell Says It Will Take 5 Years to Build a Software Business 'At Scale'
Michael Dell , the original dorm-room entrepreneur, has seen his fortune grow $1.3 billion in the past year thanks both to Dell's stock, up 18% year on year, and the performance of his investment firm MSD Capital, which now represents the bulk of his wealth. MSD has invested in banking, property, dental practices and landscaping. The Texas mogul has come a long way since he started selling computers in 1984 (he took Dell public in 1988). Dell hasn't been able to reach its 2005 peak, when Michael was worth $18 billion, but the company is exploring new ways to make money, including the acquisition of smaller firms. Michael is also looking to the BRIC countries for manufacturing, R&D; and growth opportunities, telling a conference in January: "It is India and China, not India or China." [...] more
Hedge fund billionaire is fighting for his professional survival. [...] more>>
The grievance, victim culture that increasingly defines the left has long been one of its least attractive features. The problem is that in terms of free speech, education and media bias some on the right are starting to pull out the victim card too. What a shame. [...] more>>
News of Microsoft's new tablet computer pushed up the company's shares, and Bill Gates' net worth. [...] more>>
An MBA degree is unnecessary for business success, according to the critics. They claim that everything you need to succeed can be learned on the job. Why waste your time and money attending business school? They point to the success of people like Bill Gates, Michael Dell, Steve Jobs, and [...] [...] more>>
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| Salary | $950,000 |
| Bonus | $750,000 |
| All other compensation | $13,373 |
| Non-equity incentive plan compensation | $2,635,000 |
| Total Compensation | $4,348,373 |
| Number of securities underlying options exercisable | 500,000 |
| Number of shares owned | 243,349,682 |
