FXHedge|Dec 02, 2025 23:55
MICHAEL AND SUSAN DELL GIVE $6.25 BILLION TO LAUNCH ‘TRUMP ACCOUNTS’ FOR 25 MILLION KIDS
(Bloomberg) -- In an unprecedented philanthropic gift, Michael and Susan Dell will give 25 million American children $250 each to jumpstart an investment account for their futures.
The $6.25 billion gift builds on the Invest America initiative — better known as “Trump accounts” — created earlier this year as part of President Donald Trump’s One Big Beautiful Bill Act. Under the program, the government will automatically seed an account with $1,000 for each child born between 2025 and 2028.
Full article:
https://www.msn.com/en-us/money/other/michael-and-susan-dell-give-6-25-billion-to-launch-trump-accounts-for-25-million-kids/ar-AA1RyQp7?ocid=msedgntp&pc=HCTS&cvid=692f66ee6d444775bad79173c6ab7048&ei=43(FXHedge)
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