Michael and Susan Dell Just Gave $6.25 Billion to Fund ‘Trump Accounts’ for Kids—Here’s What That Means

The tech mogul and his wife dropped one of the biggest charitable gifts in history to kickstart a new federal savings plan for millions of American children.

If you’ve been following the news, you know that saving for your child’s future is getting harder. That’s why this announcement is such a game-changer: Tech titan Michael Dell, the founder of Dell Technologies, and his wife, philanthropist Susan Dell, just made an unbelievable donation—a staggering $6.25 billion—to get the government’s new “Trump Accounts” program off the ground.

This isn’t just a big check; it’s a massive push to give millions of American kids an early financial leg up through long-term investment accounts.

So, What Exactly Are ‘Trump Accounts’?

These accounts are a brand-new federal initiative aimed at giving kids an early start on building assets and financial security. Think of it as a federally backed savings account designed purely for long-term growth.

• The Starting Line: Every eligible child under the age of 10 gets a $250 initial deposit, courtesy of this new funding.
• The Growth Plan: The money isn’t sitting in a regular savings account; it’s invested in secure, low-cost index funds, allowing it to grow and compound over the years.
• The Finish Line: When the child turns 18, they can access the money, but there’s a catch (a good one!): it has to be used for things that build wealth, like going to college, putting a down payment on a home, or starting a business.

The Dell Family’s Jaw-Dropping Contribution

The $6.25 billion gift is designed to cover the initial $250 deposits for a mind-blowing 25 million U.S. children.

The sheer size of this donation means the program can skip years of fundraising delays and instantly reach families who need that early financial foundation the most.

Michael and Susan Dell said they hope their massive gift inspires other high-net-worth individuals and foundations to jump in. Their goal is simple: ensure every child in America has the opportunity for economic mobility.

Why This is a Huge Deal

This gift isn’t just historic—it’s one of the largest philanthropic contributions toward children’s financial well-being ever in the United States.

It matters because giving a child access to an investment account early in life teaches them about the power of compound interest and investing, not just saving. By funding these accounts, the Dells are directly trying to chip away at the wealth gap and give the next generation a stronger, more equitable financial start.