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This article is a direct result of the research process for our US Single Family Office database. This list includes the family offices of some of America’s wealthiest individuals and their investment focus. Areas such as real estate, financial markets, private equity, venture capital, and renewable energy.
The American businessman and tech billionaire
Like many tech billionaires, Michael Dell started his business career at university. He started selling IBM PCs at the University of Texas. A year later, he dropped out to start his company, Dell Technologies. Today, Dell Technologies is the world’s third-largest computer manufacturer. In 2023, the company generated revenues of up to $100 billion and employed more than 130,000 people. Most of Michael Dell’s wealth is held in various companies and foundations. He owns almost 50% of his company, Dell Technologies, and 40% of cloud software company VMware, which Dell sold to Broadcom in 2023. Finally, much of his wealth is invested in his private Michael Dell Family Office, DFO Management. The success of these companies made him incredibly wealthy, bringing him a fortune of more than $100 billion.
About DFO Management, the Michael Dell single family office
Michael Dell’s family office was founded in 1998 as MSD Capital, LLC. It was later restructured and renamed DFO Management in 2022. Today, DFO Management has offices in New York, Santa Monica and West Palm Beach. The family office focuses on leveraged buyouts, growth capital, real estate and private equity. A venture capital investment of DFO Management is `SparkCognition` a global leader in cognitive computing analytics. The latest investment of the Michael Dell Family Office is the private credit investment firm 5C Investment Partners. DFO Management is providing financial backing and has agreed to provide the initial debt financing for the two former Goldman Sachs executives who founded the firm. The Dell family office also belongs to the top family offices in New York.
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Last Updated on November 14, 2024