Dec. 2 (UPI) -- The Dell family plans to contribute more than $6 billion to a new saving account program unveiled by U.S. President Donald Trump for U.S.-born babies as Trump seeks out other billion-dollar donations.
The CEO of Dell Technologies, Michael Dell and his wife Susan, announced Tuesday a $6.25 billion commitment in seed funding for investment accounts for around 25 million American-born children.
Michael Dell said it's designed to "help families feel supported from the start and encourage them to keep saving as their children grow."
Dell's nonprofit advocacy group Invest America, hailed it as the largest-ever donation to America's young population.
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