After buying EMC Corp. for $58 billion, Michael Dell just dropped some serious money on real estate in Boston.
The founder and CEO of Dell Inc. recently bought a $10.9 million penthouse condominium at the brand-new luxury Millennium Tower in Boston’s Downtown Crossing. The Boston Globe reported last month that Dell would buy a condo at Millennium Tower, but the purchase price was unknown.
The purchase was made through a limited liability company registered to Marc R. Lisker, a partner at New York-based MSD Capital, an investment firm formed exclusively to manage the funds of Michael Dell and his family. The purchase included a beautiful condo and two parking spaces.
Massachusetts serves as one of the company’s primary centers of growth and innovation, which explains why the mogul needed a home in Boston. As of October, Dell EMC employed approximately 9,000 employees throughout Massachusetts.