Michael Dell took the sixth position among the world’s richest after a historic surge in Dell’s shares, driven by artificial intelligence servers, while Mark Zuckerberg fell behind in the billionaire ranking amid the market’s reaction to quarterly results.
Michael Dell surpassed Mark Zuckerberg and reached the sixth position among the world’s richest people, after Dell’s shares advanced 32.1% on Friday, driven by artificial intelligence servers.
The movement was reported in a FORBES article on May 29, based on the Forbes Real-Time Billionaires list.
The jump added $35.8 billion to Dell’s wealth, estimated at $245.9 billion, above the $215.6 billion attributed to Zuckerberg.
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Mark Zuckerberg, Michael Dell and the turnaround in the ranking
The intraday high surpassed the previous record of Dell’s shares, of 31.6%, recorded in March 2024. With this, Michael Dell was behind Larry Ellison, from Oracle, whose fortune reached $266.4 billion after growing by $13.5 billion.
The movement reflected the market’s reaction to the balance sheet released on Thursday. Dell reported earnings of $4.86 per share and revenue of $43.8 billion in the first quarter, above expectations of $2.96 per share and $35.7 billion, according to FactSet.
AI servers drive results
The highlight came from artificial intelligence. Revenue from AI servers rose 757% compared to the previous year, reaching $16.1 billion. The company also raised its annual AI revenue projection to $60 billion, against $50 billion forecasted in February.
Analysts from Morgan Stanley acknowledged a misjudgment and classified the quarter as one of the most impressive ever seen in hardware coverage. Patrick Moorhead, from Moor Insights & Strategy, also described the results as an “absolute explosion.”
Pentagon contract draws more attention
Dell announced a contract with the Pentagon, valued at $9.7 billion. The agreement provides for the simplification of communication and collaboration systems in software and cloud, with an estimated savings of $422 million per year.
Who is Michael Dell
Michael Dell is a billionaire businessman from the United States, founder, chairman of the board, and CEO of Dell Technologies, one of the largest technology companies in the world. He became known for creating Dell at a young age, in 1984, selling computers directly to consumers, a model that helped transform the PC market.
Dell Technologies today operates in computers, servers, data storage, enterprise infrastructure, cloud computing, and solutions related to artificial intelligence.

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