Closing the wealth gap
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Dell Helps Fund Trump Accounts With $6.25 Billion Gift
Youtubeยท 2025-12-02 16:37
Core Points - Michael and Susan Dell are donating $6.25 billion to fund the Invest America initiative, also known as the Trump accounts program for children [1][2] - The initiative aims to provide financial literacy and close the wealth gap by seeding $1,000 in investment accounts for children born between 2025 and 2028 [3][5] - The donation will also benefit children under the age of ten, expanding access to the program [4][5] - The funds will be invested in low-cost index funds, allowing children to use the money for education, home purchases, or startup expenses when they reach adulthood [5] - Following the announcement, Dell's stock rose by 4% [6]