Tech Mogul Gives Unprecedented Donation to Jump-Start Trump Accounts for Children – RedState
Computer and technology mogul Michael Dell and his wife Susan have revived the president’s “Trump accounts” by donating a whopping $6.25 billion – enough $250 for 25 million children.
The Trump Accounts, part of the Invest America initiative, were created earlier this year as part of the One Big Beautiful Bill Act and call for every American child born between January 1, 2025 and December 31, 2028 to receive $1,000 from the federal government to build their future.
The Dell Giveaway will help get the ball rolling:
The Dells’ donation will go to the Treasury Department and fund the accounts of an additional 25 million children ages 10 and under who are not already eligible for government money. Dell, 60, said he is initially targeting ZIP codes with median household incomes below $150,000 and hopes to reach 80% of U.S. children in that age range.
“We believe that if every child can see a future worth saving for, we will create something much bigger than an account,” Dell said in an interview. “We will create hope, opportunity and prosperity for generations to come. »
Trump posted his appreciation for the couple on social media, calling them “two great people”:
LEARN MORE: ‘His wife was screaming…’: Trump shares behind-the-scenes look at how he got OBBB passed
The Trump Administration Is Quietly Renaming ‘A Big, Beautiful Bill,’ and the White House Explains Why
Dell, the 11th richest person in the world with a fortune of $148 billion, was an early supporter of the Trump accounts and says they will help children become responsible adults:
“It’s designed to help families feel supported from the start and encourage them to continue saving as their children grow up,” Michael Dell, founder and CEO of Dell Technologies, told CNBC in an interview. “We know that when kids have accounts like this, they are much more likely to graduate from high school, graduate from college, buy a home, start a business and less likely to be incarcerated.”
$6.25 billion. 25 million children. $250 each.
Susan and I believe the smartest investment we can make is in children. That’s why we’re so pleased to contribute $6.25 billion of our charitable funds to help 25 million children start building a strong financial foundation… pic.twitter.com/4Bcv3RKp0q
– Michael Dell 🇺🇸 (@MichaelDell) December 2, 2025
The 60-year-old entrepreneur started PCs Limited, which later became Dell Computer Corporation and then Dell Inc., in 1984 with just $1,000 in startup capital. He was still studying at the University of Texas at the time, but dropped out at age 19 when his business boomed. Dell has become one of the world’s leading PC manufacturers and, in fact, I’m writing one now.
The company has had its ups and downs over the years, but Dell remains chairman and CEO of Dell Technologies and has overseen its expansion into cloud computing and AI in addition to PCs.
Two hundred and fifty dollars may not seem like much, but there’s a little something called compound interest that could change things dramatically. Dell: “What we hope is that every child sees a future worth saving,” he said. “You think about the cumulative effect of a program like this in 10, 20, 30 years on millions of kids. That’s what excites us.”
Editor’s Note: Thanks to President Trump’s leadership and bold policies, the U.S. economy is back on track.
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