Michael and Susan Dell joined Donald Trump in the White House to announce a $6 billion contribution to the US president’s savings initiative for children on Wednesday (3 December). The billionaire couple’s contribution will put $250 in “Trump accounts” for those aged 10 and under, with 25 million American children set to benefit. The Dells said they believe the donation is the largest single private commitment made to US children ever, It comes after the administration outlined in the ‘One Big Beautiful Bill’ that it would deposit $1,000 into a savings account for newborns born between 2025 and 2028.

Billionaire tech executive Michael Dell is contributing more than $6 billion to President Trump's accounts for newborn babies.

The billionaire CEO of Dell Technologies told CNBC he first heard of the idea of seeding accounts from hedge fund manager Brad Gerstner.

The unprecedented gift gives 25 million American children under 10 an incentive to claim the soon-to-launch investment accounts for children.

The Dell CEO unveiled the savings accounts with President Donald Trump earlier this year, with plans to fund $1,000 in investment accounts for U.S. children.

The Dell family plans to contribute more than $6 billion to a new saving account program unveiled by President Donald Trump for U.S.-born children.

The donation will help seed new Trump-branded investment accounts.

A pledge to seed tax-advantaged “Trump accounts” for kids too old to qualify for the $1,000 baby bonus could benefit some 25 million American children.

Contribution to new child investment accounts marks latest effort by US billionaires to support president’s programmes

The Dells' $6.25 billion investment in Trump Accounts for American children raises questions about benefiting the wealthy vs. struggling families. Will this truly help kids'…

The historic gift has little precedent.

Babies born during Donald Trump's current term will get a head start on building wealth. The Trump accounts got a donation from Michael Dell. When?

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Michael and Susan Dell joined Donald Trump in the White House to announce a $6 billion contribution to the US president’s savings initiative for children on Wednesday (3…

Beginning in 2026, parents will be able to open tax-advantaged Trump accounts for their children with a $1,000 boost for those born 2025 to 2028.

Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, government gifts and the tax consequences.