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The billionaires Michael and Susan Dell announced a historic donation of $6.25 billion to strengthen the “Trump Accounts,” the children's investment program created by the Trump Administration.
According to AP, the Dell philanthropic commitment aims to encourage 25 million American families to claim the new investment accounts intended for children under the age of 10.
This is one of the largest private donations in the history of the country and the highest dedicated to children.
The “Trump Accounts” are part of the tax and spending legislation approved by Congress in July at the proposal of President Donald Trump, aimed at promoting financial education and long-term savings.
Under the program, the Department of the Treasury deposits $1,000 into an investment account in the name of each child born between January 1, 2025, and December 31, 2028.
The donation from Dell will provide an additional $250 to each child who qualifies under certain family income criteria, especially in areas with median or low incomes.
The accounts can only be used when the beneficiaries turn 18 years old, and the funds must be allocated for education, housing, or entrepreneurship.
“We want children to know that not only their families but also their country believes in them,” said Susan Dell, while her husband, Michael Dell, founder and CEO of Dell Technologies, stated that the program “will build hope, opportunity, and prosperity for generations.”
The official plan will come into effect on July 4, 2026, coinciding with the 250th anniversary of the independence of the United States.
From the White House, spokesperson Kush Desai emphasized that the program "represents a revolutionary investment by the Government in the next generation of American children" and anticipated new contributions from other companies and foundations.
Experts consulted by AP indicate that, although the program will not immediately reduce child poverty, it could have a positive long-term impact on wealth accumulation and financial inclusion for families.
The economist Ray Boshara, advisor to the Aspen Institute, noted that the program "is a first step towards a more inclusive model of wealth building" and compared it to the historical development of policies such as Social Security.
Michael and Susan Dell, through their foundation, have donated over $2.9 billion since 1999, with a particular emphasis on education and social equity.
With their new contribution, they become the first major private benefactors of the flagship program of the current government.
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