Dell Technologies founder Michael Dell is pledging billions of dollars to help kids, and he is doing it in the name of US President Donald Trump. Reportedly, Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children.
“It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow,” Michael Dell, founder and CEO of Dell Technologies, 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.”
Reportedly, the couple’s donation will be the largest ever devoted to American children, according to Invest America, a nonprofit advocacy group partnered with the Dells.
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Michael Dell is an American entrepreneur, investor, and philanthropist, best known as the founder, chairman, and CEO of Dell Technologies. Born in 1965 in Houston, Texas, he started his business in 1984 while still a college student at the University of Texas.
With just $1,000, he founded “PC’s Limited,” selling custom-built computers directly to customers, bypassing traditional retail channels. Under his leadership, the company expanded rapidly from personal computers into servers, storage, enterprise IT, and services, becoming a global technology powerhouse. In 2016, Dell oversaw the merger with EMC Corporation, creating Dell Technologies — a full-scale enterprise and consumer technology company.
Beyond business, Dell is a prominent philanthropist through the Michael & Susan Dell Foundation, supporting global initiatives in education, health, and poverty alleviation. He also manages investments through his family office, DFO Management.
Reportedly, 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 those so-called 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.
“We want to help the children that weren’t part of the government program,” Dell said.
By contributing to the new federal investment account program, the Dells are extending opportunities to children who may not otherwise receive federal seed money, emphasizing early financial inclusion and long-term wealth building.
Their initiative reflects a broader vision in which access to structured savings and investment accounts can encourage educational attainment, homeownership, entrepreneurship, and reduced social risks over time.
Beyond the immediate monetary contribution, the pledge highlights the potential for private philanthropy to complement public programs, bridging gaps in access and opportunity. While the program is still in its early stages and the full impact will depend on participation rates and investment performance, the Dells’ donation sets a precedent for large-scale private support for children, demonstrating how strategic giving could influence social and economic outcomes over generations.
“It would have been impractical, or maybe even impossible, to impact this many kids in this way without such a program,” Dell said.