Michael and Susan Dell donate $6.25bn to encourage families to claim ‘Trump Accounts’

Billionaires contribute to new investment accounts for children created as part of Trump legislation

Billionaires Michael and Susan Dell pledged $6.25bn on Tuesday to provide 25 million American children under 10 an incentive to claim the new investment accounts for children created as part of Donald Trump’s tax and spending legislation.

The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1bn, much less multiple billions. Announced on GivingTuesday, the Dells believe it’s the largest single private commitment made to US children.