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Michael Dell to fund 25 million "Trump accounts" with $6.25 billion gift

Michael Dell to fund 25 million "Trump accounts" with $6.25 billion gift

Summary

Tech businessman Michael Dell announced a pledge of $6.25 billion to create 25 million "Trump accounts" for children. These accounts aim to expand child investment opportunities beyond those identified by a recent legislative bill.

Key Facts

  • Michael Dell is donating $6.25 billion.
  • The donation will create 25 million "Trump accounts" for children.
  • These accounts are meant to help with child investments.
  • The funding exceeds the scope of a recent legislative bill.
  • Dell announced this through a video on a social media platform.
  • The initiative is one of the largest gifts ever aimed at benefiting children.

Source Information