Michael Dell: Is there a single family office?

michael dell single family office

Where does the fortune of Michael Dell come from?

Michael Dell is an American billionaire businessman. Dell, son of an orthodontist, started his studies in 1983 at the University of Texas to become a doctor. Instead of concentrating on his degree, however, he devoted himself to buying and selling IBM PCs, which led to dropping out of college just one year later. He then founded his company “Dell Technologies”. Today, Dell Technologies is one of the world’s largest technology infrastructure companies and Michael is ranked as one of the richest persons in the world by Forbes, with a net worth of $31.0 billion as of January 2020.

How did the Dell family company develop?

After dropping out of college, Michael Dell founded “Dell Technologies” together with one of his fellow students. The company first concentrated on trading with computer hardware, but soon started to produce its own hardware products. In 1988 Dell Technologies held its initial public offering and sold 3.5 million shares, each for 8.50 U.S. dollars. In 1991 the first notebook was introduced and in 2003 the company started to produce printers and consumer electronic goods. Today Dell is the third largest computer manufacturer in the world with revenues of approximately 90 billion U.S. dollars and more than 150,000 employees in 2019.

Is there a Michael Dell family office?

Yes, there is one. MSD Capital serves as the private investment firm of Michael Dell and his family. The single family office was founded in 1998 and has its headquarters in New York, but also established offices in Santa Monica and West Palm Beach.

How does the Dell family office invest?

The investment focus lies on leveraged buyouts, growth capital, real estate and private equity. One interesting exemplary investment of the recent past in terms of venture capital is “SparkCognition”, which they funded in a series C funding. The company is a global leader in cognitive computing analytics and develops AI-Powered cyber-physical software for the safety, security, and reliability of IT, OT, and the IoT. The company’s technology is capable of harnessing real-time sensor data and learning from it continuously, allowing for more accurate risk mitigation and prevention policies to intervene and avert disasters.

This article is part of our detailed report “The single family offices of the richest US families

Picture source: Dries Augustyns.

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