Michael Dell is the chairman and CEO of Dell Technologies, which was formed in 2016 when Dell merged with computer storage giant EMC. The estimated $60 billion Dell-EMC merger, which was finalized in 2016, was the largest technology acquisition ever. In late 2018 Dell Technologies returned to public markets through a complicated financial restructuring. Much of Dell's fortune lies in his private investment firm MSD Capital, which has stakes in hotels and restaurants. In May 2017 Dell donated $1 billion to his foundation, which focuses on child poverty; it makes both impact investments and charitable donations.