Michael Dell’s estimated net worth rose 2% to $273.2 billion Wednesday morning, making him the world’s second-wealthiest person for the first time after overtaking Alphabet co-founder Larry Page, according to Forbes estimates. Dell’s fortune has increased 94% since January 2026, when Forbes valued it at about $141 billion. Dell Technologies has shifted from a personal-computer maker into a major supplier of AI-optimized servers and data-storage infrastructure, helping drive a 327% rise in its shares since the start of the year. Dell owns roughly 40% of the company and holds substantial assets through DFO Management, including investments in hotels and liquid corporate credit, as well as a multibillion-dollar stake in Broadcom. He is now wealthier than Jeff Bezos, Page, Sergey Brin, Mark Zuckerberg and Larry Ellison, while Elon Musk remains ahead of him in Forbes’ rankings. Dell Technologies previously reported record second-quarter revenue of $47 billion, AI-optimized server revenue of $16.4 billion and new orders of $60.9 billion, prompting it to raise full-year revenue guidance to $192 billion, including $74 billion from AI-optimized servers, and adjusted earnings-per-share guidance to $25.50. Michael and Susan Dell ranked No. 16 on Forbes’ 2026 list of the world’s most generous givers, with $3.3 billion donated during their lifetimes. They most recently committed $6.25 billion to seed 25 million investment accounts for children and donated $750 million for a new hospital and research campus at the University of Texas at Austin.