The post Billionaire Michael Dell Pledges $6.25 Billion For ‘Trump Accounts’ appeared on BitcoinEthereumNews.com. Topline Billionaire Michael Dell and his wife, Susan, announced Tuesday they committed $6.25 billion to fund new investment accounts for roughly 25 million U.S. children with “Trump accounts,” a Trump administration program unveiled earlier this year to grant funding to newborn Americans. The Dell CEO unveiled the savings accounts with President Donald Trump earlier this year, with plans to fund $1,000 in investment accounts for U.S. children. Copyright 2025 The Associated Press. All rights reserved. Key Facts The Dells will seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025, according to the nonprofit advocacy group Invest America. President Donald Trump announced the “Trump savings accounts,” a component of his “Big Beautiful Bill,” earlier this year with Michael Dell, Goldman Sachs CEO David Solomon and Uber CEO Dara Khosrowshahi, with plans for the Treasury Department to fund $1,000 in investing accounts for children born in the U.S. between Jan. 1, 2025, and Jan. 1, 2029. The $250 from the Dells will be in addition to the $1,000, according to Invest America, which noted the funding will be available for children in ZIP codes where the median household income is below $150,000. What To Watch For Michael Dell will join Trump in the White House later Tuesday to announce the donation, USA Today reported, as the Treasury Department and IRS are expected to publicize formal guidance for the investment accounts. Dell told CNBC he spoke to unnamed philanthropists who he anticipates to pledge additional funds to the accounts. Read More Source: https://www.forbes.com/sites/tylerroush/2025/12/02/billionaire-michael-dell-donates-625-billion-to-trump-accounts-for-25-million-kids/The post Billionaire Michael Dell Pledges $6.25 Billion For ‘Trump Accounts’ appeared on BitcoinEthereumNews.com. Topline Billionaire Michael Dell and his wife, Susan, announced Tuesday they committed $6.25 billion to fund new investment accounts for roughly 25 million U.S. children with “Trump accounts,” a Trump administration program unveiled earlier this year to grant funding to newborn Americans. The Dell CEO unveiled the savings accounts with President Donald Trump earlier this year, with plans to fund $1,000 in investment accounts for U.S. children. Copyright 2025 The Associated Press. All rights reserved. Key Facts The Dells will seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025, according to the nonprofit advocacy group Invest America. President Donald Trump announced the “Trump savings accounts,” a component of his “Big Beautiful Bill,” earlier this year with Michael Dell, Goldman Sachs CEO David Solomon and Uber CEO Dara Khosrowshahi, with plans for the Treasury Department to fund $1,000 in investing accounts for children born in the U.S. between Jan. 1, 2025, and Jan. 1, 2029. The $250 from the Dells will be in addition to the $1,000, according to Invest America, which noted the funding will be available for children in ZIP codes where the median household income is below $150,000. What To Watch For Michael Dell will join Trump in the White House later Tuesday to announce the donation, USA Today reported, as the Treasury Department and IRS are expected to publicize formal guidance for the investment accounts. Dell told CNBC he spoke to unnamed philanthropists who he anticipates to pledge additional funds to the accounts. Read More Source: https://www.forbes.com/sites/tylerroush/2025/12/02/billionaire-michael-dell-donates-625-billion-to-trump-accounts-for-25-million-kids/
Topline
Billionaire Michael Dell and his wife, Susan, announced Tuesday they committed $6.25 billion to fund new investment accounts for roughly 25 million U.S. children with “Trump accounts,” a Trump administration program unveiled earlier this year to grant funding to newborn Americans.
The Dell CEO unveiled the savings accounts with President Donald Trump earlier this year, with plans to fund $1,000 in investment accounts for U.S. children.
Copyright 2025 The Associated Press. All rights reserved.
Key Facts
The Dells will seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025, according to the nonprofit advocacy group Invest America.
President Donald Trump announced the “Trump savings accounts,” a component of his “Big Beautiful Bill,” earlier this year with Michael Dell, Goldman Sachs CEO David Solomon and Uber CEO Dara Khosrowshahi, with plans for the Treasury Department to fund $1,000 in investing accounts for children born in the U.S. between Jan. 1, 2025, and Jan. 1, 2029.
The $250 from the Dells will be in addition to the $1,000, according to Invest America, which noted the funding will be available for children in ZIP codes where the median household income is below $150,000.
What To Watch For
Michael Dell will join Trump in the White House later Tuesday to announce the donation, USA Today reported, as the Treasury Department and IRS are expected to publicize formal guidance for the investment accounts. Dell told CNBC he spoke to unnamed philanthropists who he anticipates to pledge additional funds to the accounts.
Read More
Source: https://www.forbes.com/sites/tylerroush/2025/12/02/billionaire-michael-dell-donates-625-billion-to-trump-accounts-for-25-million-kids/
Market Opportunity
OFFICIAL TRUMP Price(TRUMP)
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Bad News for European Crypto Holders? EU Calls For Harsher Crypto Regulation Despite MiCA
EU regulators push stricter crypto rules beyond MiCA, seeking ESMA oversight, cybersecurity audits, and AMLR bans on privacy tokens. European regulators are now calling louder for stricter crypto rules. France’s AMF, Austria’s FMA and Italy’s CONSOB are now arguing that the Markets in Crypto-Assets Regulation (also known as MiCA framework) is not enough to manage […] The post Bad News for European Crypto Holders? EU Calls For Harsher Crypto Regulation Despite MiCA appeared first on Live Bitcoin News.
LiveBitcoinNews2025/09/18 13:00 Snowball Money and ENI Set Stage for Scalable and Enterprise-grade Web3 Adoption
Snowball Money and ENI set to simplify identities in order to enhance on-chain reputation, and drive scalable, enterprise-grade Web3 adoption at a global level.
Blockchainreporter2025/09/20 17:00 Monad Foundation launches ecological incentive program
PANews reported on September 18th that the Monad Foundation announced the launch of the Monad Momentum Incentive Matching Program, designed to accelerate the growth of high-quality applications within the Monad ecosystem. The program utilizes an incentive-matching model, requiring applicant teams to initially raise their own resources, which will be supplemented by Monad Momentum . The program will be implemented in phases, with the first round of applications open from September 18th to 28th . Selected teams must have a working product on the Monad testnet, plan to launch on the mainnet, and complete a security audit. Teams must also demonstrate efficient user acquisition and sustainable operations.