Dell Technologies Founder Announces Ambitious $6.25 Billion Initiative for Children’s Wealth Building Accounts

Michael Dell, the founder of Dell Technologies, has announced a transformative $6.25 billion commitment aimed at empowering millions of American children to build long-term wealth through newly established investment accounts.

The initiative, spearheaded by Dell and his wife Susan Dell in collaboration with Invest America—a nonprofit advocacy group—represents a significant private-sector boost supporting federal efforts targeting the next generation. The program is designed to complement what they’re calling “Trump accounts,” which are part of a recently enacted federal law that provides grants for children under specific birth years.

Dell emphasized the potential impact of early investment opportunities on life outcomes, saying it can help young people achieve higher education, secure housing, and establish businesses through financial incentives. The foundation’s pledge is particularly targeted at children not covered by the initial federal program or those born before its implementation window began in 2025.

The program includes matching funds for accounts opened within $1,000 of a federal grant already available to families under certain conditions. For newborn children whose parents work at Dell Technologies, seed money is provided and then matched by the company, expanding access beyond low-income households through corporate participation alone.

“The account was designed specifically to help families with young children ‘save from the start’ so they can build long-term wealth,” Gerstner of Invest America explained. The foundation’s effort positions them as a key driver for encouraging widespread adoption and financial literacy among parents and communities, aiming to create a lasting culture change in how Americans approach saving.

Dell noted he has engaged with other major philanthropists about this program, hoping it will inspire further support across the nation.