Michael and Susan Dell pledge $6.25bn to help fund ‘Trump Accounts’ for children

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Michael and Susan Dell have pledged $6.25bn to help fund so-called Trump Accounts, the children’s investment accounts announced earlier this year, in the latest effort by billionaires to support the US president’s programmes. 

The couple, who made their fortune from Dell Technologies, said the money would help support children benefiting from Invest America, the official name of the new baby bond-style programme.

“TWO GREAT PEOPLE. I LOVE DELL!!!” Trump said in a post on Truth Social on Tuesday morning.

In 2026, the US Treasury will put $1,000 in an investment account for every child born in 2025 or later. The Dells’ charitable foundation will deposit an extra $250 into 25mn additional accounts for children under the age of 10, who were born before the 2025 qualifying date.

“Our investment builds on the bipartisan leadership that made Invest America possible,” the Dells said in a statement. “We believe this effort will expand opportunity, strengthen communities and help more children take ownership of their future,” they added. 

The Invest America Act, which Trump signed into law in early July, will provide eligible US children with a savings and investment account to which families and community members can contribute. Sign-ups for the accounts are expected to open in early July 2026. 

US Senators Ted Cruz and Cory Booker on Tuesday sent a letter to the chief executives of Fortune 1000 companies urging them to also contribute to Trump Accounts.

“Many companies have already pledged support, and we encourage your company to explore how you might contribute at a level aligned with your mission and capacity,” they wrote.

They suggested “matching contributions for employees’ families, investing in the communities where you operate, or integrating these accounts into your philanthropic strategy” as ways for companies to get involved.

In May, Cruz told the Financial Times that the initiative “will make every new child a capitalist”. “This is the ownership and investment in our businesses by millions and millions of Americans, private citizens,” he added.

The Dells’ contribution comes after several US tech companies answered a fundraising call by the Trump administration earlier this year, when the president announced plans for a new ballroom in what was once the East Wing of the White House. Amazon, Google and Meta all wrote cheques for the project.