Dell Shares Hit Record High as Michael Dell’s Wealth Jumps More Than $100 Billion This Year
Dell shares reached an intraday record of $514.00 on Thursday, extending the company’s gains in 2026. The rise is good news for founder and CEO Michael Dell, whose wealth increase this year ranks second globally. Michael Dell has been one of the world’s fastest-growing fortunes in 2026. The company’s recent share-price surge moved him up to No. 5 on the global wealth ranking on Wednesday. As of Wednesday’s close, Dell’s net worth was about $246 billion. It rose by $12.6 billion in a single day and has increased by $106 billion so far this year. That $106 billion increase trails only Elon Musk, who ranks No. 1 on the wealth list and is currently worth $884 billion. Michael Dell began the year ranked No. 11 and has since overtaken several people to enter the top five. His net worth is primarily made up of three components: his nearly 40% stake in Dell, a large holding in Broadcom, and cash assets. After Broadcom acquired VMware, which had been spun off from Dell, Michael Dell received a large amount of Broadcom stock. Broadcom shares are up 20.2% so far this year. In 2025, the Dell family pledged $6.25 billion to support the Trump savings-account plan, which would establish investment accounts for 25 million children. Dell shares are up 287.5% year to date in 2026, making the stock one of the strongest performers among large-cap blue-chip stocks. Earlier this year, President Donald Trump publicly promoted Dell, drawing additional investor attention. At an event, Trump praised the company’s founder and urged consumers to “buy Dell products.” Later reports said Trump personally owns Dell shares, meaning his public endorsement and any resulting increase in Dell product sales could generate personal gains for him. Even without Trump’s endorsement, Dell shares have remained strong. The main driver is steadily rising market demand for AI servers. Dell is viewed by the market as a core company in the artificial-intelligence infrastructure sector, and a series of better-than-expected earnings reports in recent weeks has continued to support the stock. Dell will report its second-quarter financial results on September 3, 2026.
Michael Dell has been one of the world’s fastest-growing fortunes in 2026. The company’s recent share-price surge moved him up to No. 5 on the global wealth ranking on Wednesday.
As of Wednesday’s close, Dell’s net worth was about $246 billion. It rose by $12.6 billion in a single day and has increased by $106 billion so far this year.
That $106 billion increase trails only Elon Musk, who ranks No. 1 on the wealth list and is currently worth $884 billion.
Michael Dell began the year ranked No. 11 and has since overtaken several people to enter the top five.
His net worth is primarily made up of three components: his nearly 40% stake in Dell, a large holding in Broadcom, and cash assets. After Broadcom acquired VMware, which had been spun off from Dell, Michael Dell received a large amount of Broadcom stock. Broadcom shares are up 20.2% so far this year.
In 2025, the Dell family pledged $6.25 billion to support the Trump savings-account plan, which would establish investment accounts for 25 million children.
Dell shares are up 287.5% year to date in 2026, making the stock one of the strongest performers among large-cap blue-chip stocks.
Earlier this year, President Donald Trump publicly promoted Dell, drawing additional investor attention. At an event, Trump praised the company’s founder and urged consumers to “buy Dell products.”
Later reports said Trump personally owns Dell shares, meaning his public endorsement and any resulting increase in Dell product sales could generate personal gains for him.
Even without Trump’s endorsement, Dell shares have remained strong. The main driver is steadily rising market demand for AI servers. Dell is viewed by the market as a core company in the artificial-intelligence infrastructure sector, and a series of better-than-expected earnings reports in recent weeks has continued to support the stock.
Dell will report its second-quarter financial results on September 3, 2026.