Billionaires Michael Dell and Susan Dell Pledge $6.25 Billion for Children’s Investments
On Tuesday, Michael Dell and Susan Dell announced a significant commitment of $6.25 billion aimed at funding investment opportunities for around 25 million children across the United States.
According to Invest America, a nonprofit organization linked to the Dells, this generous donation marks the largest gift ever aimed at the youth in the U.S.
In a conversation with CNBC, Michael Dell, who is the founder, chairman, and CEO of Dell Technologies—one of the biggest technology companies—shared what drove him to make this charitable contribution. He stated, “We know that when children have these accounts, they are far more likely to graduate from high school or college, buy a home, start a business, and are less likely to be incarcerated.”
This initiative draws attention to a new federal program allowing parents to use Social Security numbers to establish tax-advantaged investment accounts for children under 18.
The program, referred to as the Trump Account, was introduced this year under President Donald Trump’s One Big Beautiful Bill Act, as reported by Reuters. Under this program, U.S. citizens born between early 2025 and 2028 will receive a $1,000 federal grant to fund a Trump Account. Although the IRS has yet to issue specific guidance, parents are expected to be able to open and contribute to these accounts starting on July 4, 2026.
Earlier this year, Treasury Secretary Scott Bessent praised the Trump Account, expressing its potential to enhance financial literacy among working families, thus fostering long-term prosperity. He mentioned that this initiative would essentially make “everyone a shareholder” in the success of the U.S. economy.
The Dells have also committed to donating $250 to a Trump Account for every child who is 10 years old or younger born on or before January 1, 2025. According to Invest America, these funds are aimed at children in ZIP codes with median incomes under $150,000.
“We want to help kids who didn’t get into government programs,” Michael Dell remarked.
Invest America Foundation, founded by Brad Gerster in 2025, was instrumental in advancing the American Investment Act, which established a $1,000 tax-advantaged investment account for each child born between 2025 and 2028.
