Dells Invests $6.25 Billion in 25 Million Accounts

Tech billionaires Michael and Susan Dell announced a $6.25 billion initiative to create 25 million “Trump Accounts” for children, providing $250 each for those who missed eligibility for federally funded accounts. Children age 10 and under prior to January 1, 2025, will primarily benefit, with potential support for older children if funds allow. The accounts, intended to nurture savings and investment in low-cost index funds, could grow significantly by age 18. The Dells’ wealth stems from Dell Technologies, valued at nearly $150 billion.

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