In a landmark gesture of philanthropy, billionaires Michael and Susan Dell have committed a staggering $6.25 billion to establish investment accounts for approximately 25 million American children.
This unprecedented donation is set to become the largest ever directed towards the nation's youth, as highlighted by Invest America, a nonprofit advocacy group collaborating with the Dells.
According to Breitbart, Michael Dell, the founder, chairman, and CEO of Dell Technologies, shared with CNBC the motivation behind this generous act: "We know that when children have accounts like this, theyre much more likely to graduate from high school, from college, buy a home, start a business and less likely to be incarcerated."
This initiative aligns with a new federal government program that enables parents to open tax-advantaged investment accounts for children under 18 who possess Social Security numbers.
The program, dubbed "Trump accounts," was introduced this year as part of President Donald Trump's One Big Beautiful Bill Act, as noted by Reuters. Under this federal initiative, U.S. citizens born between 2025 and 2028 will receive a $1,000 federal grant to initiate these Trump accounts. Parents will have the opportunity to open and contribute to these accounts starting July 4, 2026, although the IRS has yet to issue specific guidance.
Treasury Secretary Scott Bessent has lauded the Trump accounts, asserting that they will revolutionize financial literacy for working families and pave the way for the next generation's prosperity. As reported by Breitbart News, Bessent emphasized that these accounts will provide every American newborn with a stake in the economy and a path to long-term wealth, effectively making "everyone a shareholder" in the nation's economic success.
The Dells have pledged to contribute $250 to Trump accounts for children aged 10 or younger, born before January 1, 2025. Invest America has indicated that these funds will benefit 25 million children residing in ZIP codes with a median income of $150,000 or less. "We want to help the children that werent part of the government program," Dell explained.
The Invest America Foundation, established by Brad Gerster in 2025, played a pivotal role in advancing the Invest America Act. This federal legislation facilitated the creation of $1,000 tax-advantaged investment accounts for every child born between 2025 and 2028, further underscoring the commitment to fostering financial security and opportunity for future generations.
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