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Dell's net worth rose $4.6 billion on Tuesday to $267.7 billion as Dell Technologies stock closed at an all-time high

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Michael Dell $DELL surpassed Jeff Bezos in Forbes' billionaire rankings on Tuesday, reaching the third spot on the wealth list for the first time as Dell Technologies stock closed at a record high.

By Tuesday's closing bell, Dell's fortune had grown by $4.6 billion to an estimated $267.7 billion, according to Forbes. Dell Technologies stock rose 1.9% to close at $533.88, touching an intraday high of $538.47. Bezos' net worth fell $1.4 billion to $265.2 billion as Amazon $AMZN stock slipped 0.6%. Dell now trails only Alphabet $GOOGL co-founder Larry Page, worth an estimated $277.9 billion, and Tesla $TSLA chief Elon Musk at $942 billion.