Michael Dell surpasses Jeff Bezos as third-richest person

Michael Dell has overtaken Jeff Bezos to become the world's third-richest person with a net worth of $276.5 billion, following a record surge in Dell stock. While Nvidia leads in AI chip production, Michael Dell's significant 40% ownership stake in his company, compared to Jensen Huang's 3% stake in Nvidia, has driven his personal wealth higher. Dell's current market success is attributed to its role in building AI server infrastructure, though analysts remain cautious regarding profit margins.