The much-anticipated Trump accounts, a major call for every American child born between January 1, 2025, and December 31, 2028, to receive $1,000 from the federal government to build for their future, just got a major boost thanks to a generous kickstart from one of the country’s biggest tech moguls.
Trump accounts, a major part of the Invest America initiative created earlier this year in the One Big Beautiful Bill Act, got a major jump-start from computer and tech mogul Michael Dell and his wife, Susan, after it was announced the duo donate a whopping $6.25 billion, enough for $250 for 25 million children.
The Dells’ gift will go to the Treasury Department and will fund accounts for an additional 25 million children 10 and under who aren’t already eligible for the government money, according to Bloomberg.
Dell, 60, said he is initially targeting zip codes with median household incomes below $150,000 and expects to reach 80% of US children in that age range.
“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,” Dell said in an interview.
“We will build hope and opportunity and prosperity for generations to come.”
Trump posted his appreciation to the Dells on Truth Social, calling them “two great people.”
Dell, founder and CEO of Dell Technologies and the 11th richest person in the world with a $148 billion fortune, was an early proponent of the Trump accounts and says they will help children become responsible adults.
“It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow,” Dell told CNBC in an interview.
“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.”
$6.25 billion. 25 million children. $250 each.
Susan and I believe the smartest investment we can make is in children. That’s why we’re so excited to contribute $6.25 billion from our charitable funds to help 25 million children start building a strong financial foundation… pic.twitter.com/4Bcv3RKp0q
— Michael Dell 🇺🇸 (@MichaelDell) December 2, 2025
“What we hope is that every child sees a future worth saving for it,” he said. “You think about the compounding effect of a program like this in 10, 20, 30 years on millions of children. That’s what gets us excited,” Dell added.
According to CNBC, the Dells’ commitment goes hand in hand with a new federal government program that allows parents to open tax-advantaged investment accounts for children under 18 with Social Security numbers.
Under the federal program, U.S. citizens born from the beginning of 2025 through 2028 will receive a federal grant of $1,000 to seed the Trump accounts.
Parents will be able to open and contribute to these accounts starting on July 4, 2026, with IRS guidance yet to be issued.
Dell said he first became interested in seeding investment accounts for children after hearing the idea from hedge fund manager Brad Gerstner around 2021.
Gerstner, CEO of Altimeter Capital, later founded Invest America, which advocated for the program to get included in the One Big Beautiful Bill Act.
There are some exclusions with the accounts.
For instance, Trump Accounts can only be used to invest in low-cost diversified funds that track a U.S. stock index.
According to Gerstner, these accounts and grants give American children the chance to benefit from U.S. stock market growth at an early age.