Michael Dell To Own 41 Percent Of VMware After Spin-Off ‘As a CEO who’s responsible for driving shareholder value, which includes his own, you have to give him an A-plus here,’ says Zeus Kerravala, principal analyst at ZK Research. By Mark Haranas May 03, 2021, 11:00 AM EDT Dell Technologies is not selling off VMware or shedding the company completely by spinning off Dell’s 81 percent stake in VMware. In fact, Dell CEO Michael Dell and private equity partner Silver Lake Partners will retain a majority stake in VMware following its spin-off later this year. When Dell Technologies completes its spin-offs of VMware, Michael Dell is set to own approximately 41 percent of VMware, sources confirmed with CRN. Dell’s longtime private equity partner Silver Lake will hold an 11 percent stake in VMware following the spin-off, meaning Michael Dell and his private equity partner will own approximately 52 percent of VMware.