Dell Founder Pledges More Than $6 Billion To Fund ‘Trump Accounts’ For 25 Million Kids
Michael Dell, the billionaire founder of Dell Technologies, is stepping up in a big way to support President Donald Trump’s national investment initiative for children—announcing a record-setting $6.25 billion pledge aimed at helping 25 million American kids who fall outside the age range of the federal “Trump Accounts” program.
Under Trump’s upcoming plan, $1,000 will be deposited into investment accounts for every baby born in the United States between 2025 and 2028. Dell’s private contribution will target those who are too old to qualify for the federal funding—children 10 and under in lower- and middle-income households—with up to $250 per child, delivered through a partnership with the nonprofit Invest America.
“We want to help the children that weren’t part of the government program,” Dell told CNBC, calling the accounts a proven way to help children succeed later in life. “It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow.”
The Dells’ donation, coordinated with Invest America and philanthropist Brad Gerstner, marks the largest private commitment ever directed at American children. President Trump praised the pledge with trademark enthusiasm, posting on Truth Social: “TWO GREAT PEOPLE. I LOVE DELL!!!”
Michael and Susan Dell’s investment focuses on children living in zip codes where the median household income is under $150,000. It supplements the federal Trump Account program and provides a pathway for lower-income families to build generational wealth through market-based investment strategies.
Trump’s investment plan originated from a proposal by Sen. Ted Cruz (R-TX) and passed as part of the “Big, Beautiful Bill.” The law created Invest America Accounts—later rebranded “Trump Accounts”—to provide young Americans with a long-term financial foundation. Under the program, parents can continue to contribute up to $5,000 annually per child, and employers may also pitch in $2,500 without affecting an employee’s taxable income.
Brad Gerstner, the venture capitalist who helped craft the idea, initially pitched it to the Biden administration and members of Congress, but it failed to gain traction. The breakthrough reportedly came after he discussed the concept directly with Trump earlier this year, which ultimately led to full executive and legislative support under the new administration.
“This is a slightly different way of doing this,” Susan Dell told The New York Times. “But the opportunity now is to do something really major and really touch 25 million children that will really benefit from this in a huge way.”
According to White House guidance, Trump Accounts will become available to parents on July 4, 2026. The plan is being touted as a long-term tool to help American children save for life’s major milestones—college, homeownership, marriage, and even retirement—by tapping into the growth of the U.S. economy.
Michael Dell, now one of the ten richest men in the world with a net worth of $150 billion, founded his namesake company in 1984. He’s long been a proponent of public-private partnerships, and this pledge further cements his legacy as one of the most impactful philanthropists in U.S. history.
With this move, Trump’s child investment initiative gains even more momentum—backed not just by legislation and White House support, but now by one of the titans of American industry.