Sep. 1 at 2:10 AM
$SMCI $DELL The one reason why he did this.
Michael Dell's SEC filing showed that at December 31, 2025 he beneficially owned 265.675 million DELL shares, including:
246.834M Class A
16.158M Class C personally
2.682M Class C through the Michael & Susan Dell Foundation
Class A can be converted 1:1 into publicly traded Class C shares.
At roughly
$135.95, that position was worth about:
265.7M ×
$135.95 ≈
$36.1B
At roughly
$456 today:
265.7M ×
$456 ≈
$121.2B
So the same number of shares has gained roughly:
+
$85 billion in paper value
since the Trump Accounts announcement.
That's enormously larger than the
$6.25B philanthropic commitment.