{"id":730538,"date":"2025-12-03T08:51:32","date_gmt":"2025-12-03T13:51:32","guid":{"rendered":"https:\/\/sandrarose.com\/?p=730538"},"modified":"2025-12-03T08:51:32","modified_gmt":"2025-12-03T13:51:32","slug":"michael-and-susan-dell-gift-6-25-billion-to-fund-savings-accounts-for-americas-children","status":"publish","type":"post","link":"https:\/\/sandrarose.com\/2025\/12\/michael-and-susan-dell-gift-6-25-billion-to-fund-savings-accounts-for-americas-children\/","title":{"rendered":"Michael and Susan Dell Gift $6.25 Billion to Fund Savings Accounts for America’s Children"},"content":{"rendered":"
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Pool via CNP \/ MEGA<\/figcaption><\/figure>\n

Philanthropists Michael and Susan Dell have donated<\/a> a historic $6.25 billion to seed savings accounts for 25 million American children.<\/p>\n

The huge gift will provide $250 each to 25 million American children to create savings accounts.<\/p>\n

Under a new program<\/a>, the U.S. government will automatically seed savings accounts with $1,000 for each child born between 2025 and 2028.<\/p>\n

The Dells’ gift will go to the Treasury Department to fund accounts for an additional 25 million<\/a> children ages 10 and under.<\/p>\n

The $6.25 billion gift will fund the Invest America initiative program created earlier this year by the U.S. government.<\/p>\n

The program will begin distributing funds to children next summer.<\/p>\n

The money can be used to invest in cryptocurrencies such as Bitcoin, which will likely be worth over $1 million per coin by the time the children reach age 18.<\/p>\n

Other billionaires will also donate money to the fund, which will increase the savings accounts to $2,000 or more.<\/p>\n

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Pool via CNP \/ MEGA<\/figcaption><\/figure>\n

Tech billionaire Michael Dell said his money will benefit 80% of U.S. children<\/a> ages 10 and under in ZIP codes with median household incomes below $150,000.<\/p>\n

“We believe that if every child can see a future that’s worth saving for, we’re going to build something far greater than an account,” Michael Dell said. “We will build hope and opportunity and prosperity for generations to come.”<\/p>\n

Who are Michael and Susan Dell?<\/h3>\n

The astronomical gift by the Dells made national headlines on Tuesday, Dec. 2. Michael Dell is the founder and CEO of Dell Technologies. The company was formed as a result of a 2016 merger of Dell Computers and EMC Corporation.<\/p>\n

Dell Technologies is ranked 48th on the 2024 Fortune 500 rankings of the largest U.S. corporations.<\/p>\n

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Pool via CNP \/ MEGA<\/figcaption><\/figure>\n

Michael and Susan are the founders of the Michael & Susan Dell Foundation, which focuses on improving the lives of children living in urban poverty.<\/p>\n

Some people (I won’t name their political affiliation) were so upset by the Dells’ massive donation that they chose to focus on Susan Dell’s cosmetic surgery<\/a>, instead of her philanthropic efforts to help children living in poverty.<\/p>\n","protected":false},"excerpt":{"rendered":"

Philanthropists Michael and Susan Dell have donated $6.25 billion to fund savings accounts for 25 million American children. The huge gift will provide $250 to 25 million American<\/p>\n","protected":false},"author":1,"featured_media":730539,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[5872,18726,18724,2574,6032,18725],"class_list":{"0":"post-730538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-money-finances","8":"tag-donations","9":"tag-government-programs","10":"tag-michael-dell","11":"tag-money-and-finances","12":"tag-philanthropy","13":"tag-susan-dell"},"_links":{"self":[{"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/posts\/730538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/comments?post=730538"}],"version-history":[{"count":2,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/posts\/730538\/revisions"}],"predecessor-version":[{"id":730544,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/posts\/730538\/revisions\/730544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/media\/730539"}],"wp:attachment":[{"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/media?parent=730538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/categories?post=730538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandrarose.com\/wp-json\/wp\/v2\/tags?post=730538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}