Dell Technologies founder Michael Dell and his wife Susan Dell have announced a $6.25 billion commitment to help as many as 25 million American children. They will help American children build long-term wealth by funding the newly created tax-advantaged investment accounts, dubbed as ‘Trump Accounts’.

In an interview with CNBC, Michael said the effort by him and his wife, Susan Dell, is designed to support families “from the start” and encourage saving as children grow.

What are Trump Accounts?

The ‘Trump Accounts’ were created as part of the One Big Beautiful Bill to help children who aren’t 18 yet to invest and create a financially secure future.

American children born after 31 December 2024 and before 1 January 2029 for whom a Trump Account was created will receive $1,000 from the US government, which has to be invested in an index fund.

Parents can also contribute up to an additional $5,000 every year initially, while employers may make an annual contribution of up to $2,5000 to a Trump Account.

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The contributions, the Council of Economic Advisers (CEA) estimated, will help an American child have an average account balance of $303,800 by the age of 18 assuming average returns US stock market returns, if maximum contributions are made.

Trump reacts to Dell family’s pledge

Expressing his joy at the Dell family’s pledge, Trump in a TruthSocial post called the couple “two greatest people, adding that he “loves Dell”.

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Michael Dell has argued that early investment accounts can improve life outcomes, helping young people graduate, buy homes, and start businesses the kind of upward mobility conservatives have long championed as the antidote to dependency and generational poverty, Newsmax reported.