By bizn_fun 
“We’ve seen what happens when a child gets even a small financial headstart – their world expands,” Michael Dell said on Tuesday in a video on social media announcing the donation.
The money will be routed through the new Trump-branded accounts, which can be created for any child under age 18 and by law must be invested in a low-cost index fund that reflects the wider stock market.
The Dells said children age 10 and under, who were born before 1 January 2025 were eligible for their gift, provided they live in areas where the median income is below $150,000.
The Dells said they expected the gift to reach almost 80% of children age 10 and under in the US. It is among the largest ever private donations to go directly to Americans.
Mr Dell, the chief executive of Dell Technologies with a fortune that Forbes estimates at almost $150bn, said he hoped other philanthropists and employers would make similar commitments.
“Two great people. I love Dell!!!” President Donald Trump wrote in all capital letters on social media in response to the announcement.