Summary
Michael and Susan Dell have promised to donate $6.25 billion to help fund investment accounts for American children. This donation will help expand accounts started by the government, which give financial support to children under the Trump administration.
Key Facts
- Michael Dell founded Dell Technologies in 1984 with $1,000.
- The Dell family has a net worth of $129 billion according to Forbes.
- The couple's donation will add money to investment accounts for children 10 and younger.
- Eligible children born between 2025 and 2028 already receive $1,000 from the government.
- The donated funds can be used for education or starting a business once the child turns 18.
- Accounts for these investments open on July 4, 2026.
- To qualify, children must live in lower-income areas where the median income is below $150,000.