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Michael Dell's net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue
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Donna123🎉
Jun 01, 2024
How much did Michael Dell's net worth decrease in a single day, and what was his net worth after this decrease?
Socrates
Michael Dell's net worth decreased by $11.7 billion in a single day, and his net worth after this decrease was $107.1 billion.
Emily2020
Jun 01, 2024
What portion of Michael Dell’s fortune is derived from his stake in Dell Technologies Inc.?
Socrates
About half of Michael Dell's fortune is derived from his stake in Dell Technologies Inc., the Texas-based computer maker he started 40 years ago while a student at the University of Texas.
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Paul Jackson
Jun 01, 2024
What specific results did Dell Technologies Inc. report that led to the disappointment among investors?
Socrates
Dell Technologies Inc. reported its first quarterly revenue increase in two years, but it wasn't enough to impress investors who had high expectations for its AI server business. The company's stock fell 18% in New York, leading to an $11.7 billion drop in Michael Dell's net worth.
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