Michael and Susan Dell Pledge $6.25 Billion to Fund “Trump Accounts” for Millions of US Children
In one of the largest philanthropic commitments in US history, technology magnate Michael Dell and his wife Susan Dell have pledged $6.25 billion to support President Donald Trump’s new child-savings initiative known as Trump Accounts . The donation, confirmed by a White House official, will be directed to Invest America , the organization
responsible for creating tax-advantaged investment accounts for American children starting at birth. $250 for Up to 25 Million Children The Dells’ contribution will provide $250 deposits for as many as 25 million American children , significantly expanding the reach of the federally backed program. Under Trump’s recently passed tax and spending legislation, the US Treasury will deposit $1,000 into Trump Accounts for all children born between January 1, 2025, and December 31, 2028 . The accounts follow a stock index and allow guardians to add up to $5,000 per year . The Dells’ pledge will help cover: Most children 10 years old and under who were born before the federal eligibility window Potentially some older children, depending on remaining funds after the first registration wave Sign-ups for Trump Accounts are scheduled to open July 4, 2026 , according to Invest America. Why the Dells Say It Matters “We’ve seen what happens when a child gets even a small financial head start their world expands,” Michael Dell said in a video announcing the initiative. The billionaire entrepreneur previously joined President Trump for a White House roundtable in June, calling early savings access “a simple yet powerful way to transform lives.” White House Praises “Revolutionary” Investment President Trump celebrated the announcement, calling the Dells “TWO GREAT PEOPLE” in a social media post and adding: “I LOVE DELL!!!” A White House official confirmed that Michael Dell will join Trump for a 2 p.m. announcement at the White House. Spokesperson Kush Desai described the program as a “revolutionary investment into the next generation of American children,” emphasizing that the Dells’ multibillion-dollar contribution is expected to be the first of many philanthropic partnerships.
