Michael and Susan Dell Pledge $6.25 Billion to Fund Investment Accounts for 25 Million U.S. Children

Michael and Susan Dell have committed $6.25 billion to establish $250 investment accounts for 25 million American children under the age of 10. This initiative aims to extend the benefits of the federal Invest America program, commonly referred to as "Trump accounts," which was introduced earlier this year as part of President Donald Trump's tax and spending legislation.

The Invest America program provides a $1,000 initial deposit from the U.S. Treasury to investment accounts for children born between January 1, 2025, and December 31, 2028. The Dells' contribution targets children born before 2025 who are not eligible for the federal deposit. These accounts are designed to grow through stock market investments and become accessible when the child turns 18, with funds intended for education, homeownership, or starting a business.

Michael Dell, founder and CEO of Dell Technologies, emphasized the importance of this investment in children's futures, stating, "We believe this effort will expand opportunity, strengthen communities, and help more children take ownership of their future."

The Dells announced their donation on Giving Tuesday, an annual event encouraging charitable contributions. They hope their commitment will inspire other philanthropists and businesses to support the Invest America program, further expanding opportunities for American children.