{"id":3009,"date":"2026-10-20T15:03:44","date_gmt":"2026-10-20T10:03:44","guid":{"rendered":"https:\/\/ipp-news.com\/?p=3009"},"modified":"2026-10-20T15:03:44","modified_gmt":"2026-10-20T10:03:44","slug":"michael-dell-overtakes-mark-zuckerberg-as-worlds-fifth-richest-person","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=3009","title":{"rendered":"Michael Dell overtakes Mark Zuckerberg as world\u2019s fifth-richest person"},"content":{"rendered":"<div>\n<p><strong>Michael Dell\u2019s fortune increased by $4.3 billion on Monday, allowing the technology entrepreneur to overtake Meta chief executive Mark Zuckerberg and reclaim his position as the world\u2019s fifth-richest person, according to <em>Forbes<\/em>.<\/strong><\/p>\n<p>Dell\u2019s net worth stood at approximately $241.3 billion as of 1.15pm, after shares in Dell Technologies climbed 2% amid a recovery in technology stocks following last week\u2019s market downturn.<\/p>\n<p>Shares in chipmaker Broadcom, in which Dell also holds a significant stake, rose about 2.4% during Monday\u2019s trading session, further boosting his wealth.<\/p>\n<p>Meanwhile, Meta shares fell around 1.1%, reducing Zuckerberg\u2019s net worth to approximately $240.7 billion and placing him just behind Dell in the global wealth rankings.<\/p>\n<p>Dell has seen his fortune surge this year as demand for servers used in artificial intelligence data centres has driven up shares in the company he founded in the 1980s.<\/p>\n<p>He was worth $141 billion when <em>Forbes<\/em> published its annual Forbes 400 list earlier this year, meaning his wealth has increased by more than $100 billion in the intervening months.<\/p>\n<p>Dell briefly rose to become the world\u2019s second-richest person in September before his fortune declined in recent weeks amid broader market concerns about heavy spending by artificial intelligence companies.<\/p>\n<p>Investors are now closely watching Meta\u2019s third-quarter earnings report, scheduled for Wednesday, for further indications of how its AI investments are affecting the company\u2019s financial performance.<\/p>\n<p>Meta shares came under pressure in July after its second-quarter results revealed a significant decline in cash flow linked to AI-related expenditure.<\/p>\n<p>However, the company launched a major AI assistant tool in September, which attracted millions of downloads in the following weeks and recorded faster early growth than rival chatbots, including ChatGPT and Claude.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Dell\u2019s fortune increased by $4.3 billion on Monday, allowing the technology entrepreneur to overtake Meta chief executive Mark Zuckerberg and reclaim his position as the world\u2019s fifth-richest person, according to Forbes. Dell\u2019s net worth stood at approximately $241.3 billion as of 1.15pm, after shares in Dell Technologies climbed 2% amid a recovery in technology stocks following last week\u2019s market downturn. Shares in chipmaker Broadcom, in which Dell also holds a significant stake, rose about 2.4% during Monday\u2019s trading session, further boosting his wealth. Meanwhile, Meta shares fell around 1.1%,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-3009","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3009"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3009\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}