{"id":497927,"date":"2026-06-17T21:28:12","date_gmt":"2026-06-17T21:28:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/497927\/"},"modified":"2026-06-17T21:28:12","modified_gmt":"2026-06-17T21:28:12","slug":"michael-dell-overtakes-larry-ellison-in-billionaire-ranks-as-dell-shares-rise","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/497927\/","title":{"rendered":"Michael Dell Overtakes Larry Ellison In Billionaire Ranks As Dell Shares Rise"},"content":{"rendered":"<p>Topline<\/p>\n<p class=\"topline-summary\">Dell Technologies chief Michael Dell overtook Oracle co-founder Larry Ellison as the world\u2019s fifth-wealthiest person Wednesday, benefiting from Dell\u2019s positive day of trading as Oracle shares tumbled.<\/p>\n<p>Dell&#8217;s estimated net worth reached $234 billion.<\/p>\n<p>Photo by SAUL LOEB \/ AFP via Getty ImagesKey Facts<\/p>\n<p class=\"timeline-fact\">Dell\u2019s estimated net worth increased 3.3% on Wednesday to $234 billion, according to Forbes\u2019 <a href=\"https:\/\/www.forbes.com\/real-time-billionaires\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/real-time-billionaires\/\" target=\"_self\" aria-label=\"real-time billionaires list\" rel=\"nofollow noopener\">real-time billionaires list<\/a>, as Dell Technologies shares closed up 3.7% on the day.<\/p>\n<p class=\"timeline-fact\">Dell is now positioned behind Amazon co-founder Jeff Bezos ($248 billion) on the billionaires list. <\/p>\n<p class=\"timeline-fact\">Ellison\u2019s estimated net worth dropped 2.5% on Wednesday to $230.8 billion as Oracle\u2019s stock closed down 2.6% at $183.48.<\/p>\n<p class=\"timeline-fact\">Oracle shares have plummeted since they reached their highest point of the year ($248.15) on June 1.<\/p>\n<p class=\"timeline-fact\">Dell\u2019s shares have traded positively since it <a href=\"https:\/\/www.cnbc.com\/2026\/05\/28\/dell-q1-earnings-report-2027.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.cnbc.com\/2026\/05\/28\/dell-q1-earnings-report-2027.html\" aria-label=\"crushed expectations\">crushed expectations<\/a> in its late May earnings report.<\/p>\n<p>WHO\u2019S STILL WEALTHIER THAN DELL?<\/p>\n<p>In addition to Bezos, Google co-founders Sergey Brin and Larry Page, as well as Tesla chief Elon Musk remain ahead of Dell. Brin\u2019s estimated net worth fell to $274.1 billion as Page\u2019s dropped to $297.2 billion. Musk\u2019s wealth has skyrocketed to unprecedented highs following a historic IPO for his aerospace firm, SpaceX, which has since sent his net worth to an estimated $1.3 trillion.<\/p>\n<p>Key Background<\/p>\n<p>Dell\u2019s roughly 40% stake in his company has propelled his surge in net worth. Dell Technologies\u2019 stock has climbed well over 200% since the start of the year, when shares traded around the $127 mark. Dell has benefited from explosive AI server demand during the AI boom. The company reported 88% year-over-year revenue growth in its latest quarter, logging a 757% increase in AI server revenue from the year prior. Dell expects AI revenue to reach $60 billion this year, up from its previous estimate in February of $50 billion. <\/p>\n<p>Further Reading<\/p>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/tylerroush\/2026\/05\/29\/michael-dell-earns-35-billion-from-dells-best-day-ever-passing-zuckerberg-as-6th-richest\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/tylerroush\/2026\/05\/29\/michael-dell-earns-35-billion-from-dells-best-day-ever-passing-zuckerberg-as-6th-richest\/\" target=\"_self\" aria-label=\"Michael Dell\u2019s Net Worth Surges Up $35 Billion From Dell\u2019s Best Day Ever\u2014Passing Zuckerberg As 6th Richest\" rel=\"nofollow noopener\">Michael Dell\u2019s Net Worth Surges Up $35 Billion From Dell\u2019s Best Day Ever\u2014Passing Zuckerberg As 6th Richest<\/a> (Forbes)<\/p>\n","protected":false},"excerpt":{"rendered":"Topline Dell Technologies chief Michael Dell overtook Oracle co-founder Larry Ellison as the world\u2019s fifth-wealthiest person Wednesday, benefiting&hellip;\n","protected":false},"author":2,"featured_media":497928,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[345,114,12600,268,85,46,7041,5257,44171,9126,5615,920],"class_list":["post-497927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-ai","tag-business","tag-dell","tag-finance","tag-il","tag-israel","tag-larry-ellison","tag-market","tag-michael-dell","tag-oracle","tag-stock","tag-tech"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/497927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=497927"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/497927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/497928"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=497927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=497927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=497927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}