Michael and Susan Dell pledge $6.25 billion for children's futures

Michael and Susan Dell have made a remarkable commitment of $6.25 billion to support 25 million children through newly established 'Trump accounts.' These accounts, created under recent tax legislation, enable tax-free deposits that will grow over time, much like an IRA.

Eligibility extends to children under 18 with Social Security numbers, particularly those from low-income households. The Dells plan to deposit $250 into these accounts, with an aim to inspire further philanthropic efforts.

Their initiative seeks to alleviate childhood poverty and provide resources for education and future ventures. This substantial donation represents one of the largest philanthropic gestures aimed at directly benefiting American families, potentially encouraging a broader movement of giving.