Michael Dell founded Dell Inc. in 1984 at the age of 19, starting the company from his dorm room at the University of Texas at Austin. Dell believed that selling personal computers directly to customers would be more efficient than the traditional retail model. Dell Inc. grew rapidly and became one of the largest personal computer sellers in the world. As of 2014, Michael Dell's net worth was estimated to be $22.4 billion, making him one of the richest people in the world.

2. Michael Saul Dell (born February 23, 1965) is an American business
magnate, investor, philanthropist, and author. He is the founder and CEO
of Dell Inc., one of the world’s leading sellers of personal computers (PCs).
He was ranked the 41st richest person in the world on 2012 Forbes list of
billionaires, with a net worth of US$22.4 billion as of December 2014.
Dell purchased his first calculator at age seven and
encountered an early teletype terminal in junior high.
At age 15, after playing with computers at Radio
Shack, he got his first computer, an Apple II, which he
promptly disassembled to see how it worked . Dell
attended Memorial High School in Houston, selling
subscriptions to the Houston Post in the summer.
EARLY LIFE -:

3. Dell started an informal business putting together and selling upgrade kits
for personal computers of the Dobie Center residential building. He then
applied for a vendor license to bid on contracts for the State of Texas,
winning bids by not having the overhead of a computer store.
In January 1984, Dell banked on his conviction that the potential cost
savings of a manufacturer selling PCs directly had enormous advantages
over the conventional indirect retail channel. In January 1984, Dell
registered his company as "PC's Limited
In 1992, aged 27, he became the youngest CEO of a company ranked
in Fortune magazine's list of the top 500 corporations . In 1996, Dell started
selling computers over the Web, the same year his company launched its
first servers. Dell Inc. soon reported about $1 million in sales per day from
dell.com.

4. Penalty
In July 2010 Dell Inc. agreed to pay a $100 million penalty to settle
SEC charges[ of disclosure and accounting fraud in relation to
undisclosed payments from Intel Corporation. Michael Dell and former
CEO Kevin Rollins agreed to pay $4 million each, former CFO James
Schneider to pay $3 million to settle the charges.
Writings
Dell's 1999 book, Direct from Dell: Strategies That Revolutionized an
Industry, is an account of his early life, his company's founding

5. In 1999, Michael and Susan Dell established the Michael and
Susan Dell Foundation, which focuses on, among other causes,
grants, urban education, childhood health and family economic
sta
By 2010, the foundation had committed more than $650 million
to children's issues and community initiatives in the United
States, India and South Africa Today the foundation has over
$466 million assets under management.

6. .