BREAKING: In a landmark philanthropic initiative, tech giants Michael and Susan Dell have just announced a groundbreaking donation of $9.5 billion to fund investment accounts for children across the United States. This unprecedented gift is designed to benefit 25 million American children, providing them with a financial head start to secure their futures.
The donation is part of the Invest America initiative—commonly referred to as “Trump accounts”—launched under President Donald Trump’s One Big Beautiful Bill Act. This initiative will automatically create accounts for every child born between 2025 and 2028, starting with a government seed of $1,000 per child. The Dells’ contribution will further extend these accounts to an additional 25 million children aged 10 and under who are not already eligible for these funds.
“We believe that if every child can see a future that’s worth saving for, we’re going to build something far greater than an account,” said Michael Dell, who ranks as the 11th richest person globally with a fortune of $148 billion, according to the Bloomberg Billionaires Index. Dell aims to target families in zip codes with median household incomes under $150,000, reaching approximately 80% of children in this age group.
The Dells’ investment will be directed to the Treasury Department, offering children a chance to grow wealth through diversified, low-cost index funds, with access to funds allowed only when they turn 18. The accounts can be used for critical expenses such as education, home purchases, or startup costs, and will grow tax-free until withdrawal.
This initiative is set to launch on July 4, 2026. Under the program, parents can open accounts for their children and contribute up to $5,000 annually, with employers allowed to add $2,500 each year without impacting taxable income. Additional contributions from philanthropists like the Dells do not count against these limits, ensuring maximum investment in children’s futures.
“For us, it’s really an opportunity to give every child a little bit of a start in building their future,” Dell emphasized. His vision aligns with that of venture capitalist Brad Gerstner, who launched the Invest America nonprofit to tackle the wealth gap and enhance financial literacy among youth. Gerstner stated,
“This will dramatically alter the fortunes of the people who have been left out and left behind.”
The ripple effects of this donation are expected to be profound. As financial literacy becomes increasingly crucial, initiatives like these promise to elevate the economic prospects of millions of American families. The Dells’ commitment to philanthropy is not new; their foundation has contributed over $2.9 billion to various causes, primarily focused on children, education, and health.
The announcement has garnered significant attention, even drawing praise from President Trump, who celebrated the Dells’ generosity in a recent post on Truth Social:
“TWO GREAT PEOPLE. I LOVE DELL!!!”
As this initiative unfolds, all eyes will be on the impact it will have on American families and the broader economy. With such a substantial investment in the next generation, the Dells are not just funding accounts; they are igniting hope and opportunity for millions of children across the nation.
Stay tuned for further updates as this story develops and the launch date approaches.
