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.