forbes.com

Michael Dell Climbs to World’s Third Richest as Dell Shares Hit Peak

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Michael Dell overtook Jeff Bezos in billionaire rankings as Dell Technologies shares hit an all-time high and extended a six-month rally. The stock is up 327% since the start of the year. Dell reported $47 billion in revenue for the quarter, a 58% jump, driven by record AI server orders, and raised full-year revenue guidance by $25 billion to $192 billion.

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