Days after becoming world's No. 2 richest, Michael Dell puts $10.9m penthouse on auction
Michael Dell has listed his Boston penthouse for auction with a reserve price significantly lower than his original purchase cost. The sale occurs as Dell's net worth fluctuates due to volatility in AI-related tech stocks.
Why it matters
The move highlights the intersection of high-end real estate markets and the financial volatility currently affecting tech billionaires.
Just days after Michael Dell briefly climbed to the position of the world’s second-richest man, the Dell Technologies founder is making headlines again — this time in real estate. Dell has put his 4,100-square-foot Boston penthouse on the market, a property he purchased a decade ago for $10.9 million. Located in Boston’s Millennium Tower, the penthouse offers sweeping city views, luxury finishes, and access to exclusive amenities. The residence reflects Dell’s penchant for high-value real estate investments, complementing his portfolio that includes properties in Texas and Hawaii. The listing comes amid Dell’s extraordinary financial year, with his net worth surging by more than $80 billion thanks to booming demand for AI infrastructure.Michael Dell’s almost untouched luxury homeDell bought the Millennium Tower penthouse in 2016 through an LLC.
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