Billionaire Michael Dell Announces $750 Million Donation For Hospital, Research Center In Austin

BreakingBusinessBillionaire Michael Dell Announces $750 Million Donation For Hospital, Research Center In AustinByMary Whitfill Roeloffs,Forbes Staff. Mary Roeloffs is a Forbes breaking news reporter covering pop culture.Follow AuthorApr 21, 2026, 02:44pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineMichael Dell and his wife Susan are set to make a $750 million donation to the University of Texas in Austin to fund a new medical facility and research campus he says will be built with "data and computing and AI built in." Michael Dell in in Austin, Texas in March 2024.SXSW Conference & Festivals via Getty ImagesKey FactsThe donation will fund a new hospital, called the UT Dell Medical Center, open in 2030 as part of a partnership with the MD Anderson Cancer Center, the university said Tuesday. Dell, who founded Dell Technologies in 1984 while a student at the University of Texas in Austin, has now given more than $1 billion to the school. Dell is the 13th-richest person in the world, according to Forbes.This is a developing story and will be updated. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Video