Michael Dell’s Fortune Soars to $51 Billion With Spinoff
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Michael Dell’s fortune surpassed $50 billion for the first time after his Dell Technologies Inc. said this week it will spin off its stake in VMware Inc.
Dell shares surged to a record high on Thursday, valuing its founder’s net worth at $50.7 billion, according to the Bloomberg Billionaires Index. He’s now the world’s 26th-richest person after adding $10.6 billion to his wealth this year.