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Dell Founder Pledges $6 Billion To Fund ‘Trump Accounts’ For 25 Million Kids

Twenty-five million American children who are too old to receive the Trump Administration’s proposed $1,000 “Trump Accounts” could still get up to $250 thanks to a massive donation from the founder of Dell Technologies.

Michael Dell and his wife, Susan, pledged $6.25 billion to fund investment accounts for children ages 10 and under who live in ZIP codes with a median income of $150,000 or less, CNBC reported. The donation supplements the administration’s plan to give $1,000 to babies born between the start of 2025 and 2028.

Invest America, the nonprofit partnering with the Dells, said the pledge would be the largest donation ever made to American children.

“We want to help the children that weren’t part of the government program,” Michael Dell told CNBC. “It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow. We know that when children have accounts like this, they’re much more likely to graduate from high school, from college, buy a home, start a business and less likely to be incarcerated.”

Trump praised the move in a post, writing, “TWO GREAT PEOPLE. I LOVE DELL!!!”

Michael Dell founded his company, originally called “PC’s Unlimited,” in 1984. Dell computers soon became a household name, and he is now the 10th richest person in the world with an estimated net worth of $150 billion, according to Forbes.

More over at The New York Post:



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