Dell Technologies (NYSE:DELL) stock surged on Friday, on the heels of a strong quarterly financial report and demand for AI-related products. The strong share price action helped boost the wealth of Dell founder and CEO Michael Dell.
• Dell Technologies shares are testing new highs. What’s behind DELL new highs?
Michael Dell Moves Up Billionaires List
The net worth of Michael Dell continues to climb in 2026, with Dell stock having a year to remember.
Dell shares gained 32.8% Friday, ending the day at $420.91. Shares hit new all-time highs of $429.15 earlier in the day. The stock is up 229.4% year-to-date in 2026.
The stock gains on Friday added $32.2 billion to the wealth of Michael Dell, according to Forbes.
The gains made Dell the top gainer on the day and took him up to sixth place, passing the wealth of Meta Platforms CEO and co-founder Mark Zuckerberg, who is worth an estimated $215.9 billion.
Dell has been a top gainer in 2026 and one of the top gainers overall for net worth.
The gains in wealth come after donating $6.25 billion to the Trump Accounts effort launched by President Donald Trump to help fund investing accounts for children.
What's Next for Dell
The strong quarterly results have analysts raising their price targets for Dell stock, with some saying the AI opportunity could be larger than originally anticipated.
Dell shares could continue to gain with the analyst price targets and be on watch until the next quarterly results.
Michael Dell could continue to climb the world's richest list, but will need Dell stock to post further gains. He is currently behind Oracle co-founder Larry Ellison, who is worth $273.8 billion.
Photo: Ryan Miller via Shutterstock
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