<story><title>Michael Dell Gets $12B Richer with Break from Public Eye</title><url>https://www.bloomberg.com/news/articles/2019-01-11/michael-dell-gets-12-billion-richer-with-break-from-public-eye</url></story><parent_chain></parent_chain><comment><author>whack</author><text>&amp;gt; &lt;i&gt;Dell’s fortune is now $27 billion, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people, up from $15 billion in 2013.&lt;/i&gt;&lt;p&gt;If he had simply parked his money in a s&amp;amp;p 500 index with dividends reinvested, his $15B would have grown to $26.6B. All without breaking a sweat or exposing himself to concentrated risk.&lt;p&gt;His investment and turnaround of Dell was successful to be sure, but not nearly as spectacular as the article seems to be implying.</text></comment>
<story><title>Michael Dell Gets $12B Richer with Break from Public Eye</title><url>https://www.bloomberg.com/news/articles/2019-01-11/michael-dell-gets-12-billion-richer-with-break-from-public-eye</url></story><parent_chain></parent_chain><comment><author>asaph</author><text>&amp;gt; Dell announced it would become a public company again through a complex arrangement that involved buying back tracking shares for VMware, the software business that Dell owns an 80 percent chunk of. ...&lt;p&gt;&amp;gt; ... Taking over an existing listed stock allowed Dell to avoid the usual IPO process...&lt;p&gt;Huh? Can someone please explain this to me like I&amp;#x27;m a 5 year old?</text></comment>