Michael Dell

Michael Dell is a billionaire who, along with his wife Susan Dell, recently pledged $6.25 billion to encourage families to claim new investment accounts for children. These accounts, dubbed 'Trump Accounts,' were created as part of Donald Trump's tax and spending legislation. The Dells' donation aims to incentivize 25 million American children under the age of 10 to claim these accounts. This historic gift is newsworthy due to its unprecedented size, with few charitable commitments in recent history exceeding $1 billion, let alone multiple billions. The donation highlights the ongoing impact of Trump's legislation and the role of private philanthropy in addressing social and economic issues. The Dells' contribution is significant as it potentially provides substantial financial support to millions of families and children across the United States.