Michael Dell is one of the wealthiest men on Earth, having made his fortune creating Dell Technologies and the computer brand of the same name. In 1999, he and his wife founded the Michael & Susan Dell Foundation, which aims to spread some of that wealth around the world. The organization’s goal is to break the cycle of intergenerational poverty through three main pillars: education, health, and family stability. Operating in the United States, India, and South Africa, the Michael & Susan Dell Foundation helps connect students with college educations, children with healthy meals, and parents with rewarding jobs. Michael and Susan themselves hold active roles in the organization, serving on the board of directors and continuing to provide funding.
In fact, in October 2023, Michael made his biggest donation ever to the foundation: approximately $140 million in Dell stocks. If past experience is any indication, the money should go to good use. Since 1999, the Michael & Susan Dell Foundation has distributed more than $2.4 billion, including $15 million last year to help Ukrainian refugees. Dell’s generosity has also earned him a spot among the nation’s top philanthropists this year. Michael and Susan set an admirable example for other magnates who want to share their tremendous wealth.
