"Michael Dell's Generous $350 Million Stock Gift Precedes Massive Windfall"
TL;DR Summary
Tech billionaire Michael Dell has donated $350 million worth of Dell Technologies stock to his family foundation and other charitable funds he advises. This is his first donation of Dell shares since 2006 and his largest gift of the company's stock ever. Dell is set to receive over $20 billion in stock and cash when Broadcom acquires VMware later this month. Despite the size of the donation, Dell and his wife are still among the biggest philanthropists in America, having donated an estimated $2.4 billion in their lifetime.
Topics:business#charitable-giving#dell-technologies#michael-dell#philanthropy#stock-donation#windfall
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