Michael and Susan Dell donated $6.25 billion to support child savings initiative

Misleading

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funding

Verification that Michael and Susan Dell made a $6.25 billion donation to support the Trump Accounts effort.

Source summary
Treasury Secretary Scott Bessent, speaking as chair of the Financial Literacy and Education Commission, used the Commissions first 2026 public meeting to promote a new program called "Trump Accounts." Under the proposal, each eligible American child would receive a $1,000 federal seed contribution invested in the U.S. stock market; Treasury says private philanthropy and state, employer, and nonprofit partnerships will help scale the initiative. Bessent highlighted a $6.25 billion donation from Michael and Susan Dell and a Ray Dalio-led "50 State Challenge," and called on federal agencies, states, businesses, and employers to align programs and outreach to support the accounts.
Latest fact check

Multiple reliable news outlets (Reuters, AP, CNN, CNBC) reported Michael and Susan Dell pledged or committed $6.25 billion in December 2025 to seed roughly 25 million Invest America / “Trump Accounts” with $250 each. Major coverage also notes the Dells (and some officials) described the gift as the largest single private commitment to U.S. children; however, independent verification of the superlative is not established—historic philanthropic gifts (and large foundation commitments) are numerous and definitions (nominal vs. inflation‑adjusted, targeted to “American children” specifically, or broader public‑interest gifts) vary, so the claim that it is definitively “the largest single private investment in American children in our nation’s history” cannot be confirmed. Verdict: Misleading — the $6.25 billion pledge is well documented, but the statement’s sweeping claim of being the largest such private investment is presented as fact without clear evidence and is not independently verifiable as stated.

2 months, 21 days
Next scheduled update: May 06, 2026
2 months, 21 days

Timeline

  1. Scheduled follow-up · May 06, 2026
  2. Completion due · May 06, 2026
  3. Update · Feb 07, 2026, 01:58 AMMisleading
    Multiple reliable news outlets (Reuters, AP, CNN, CNBC) reported Michael and Susan Dell pledged or committed $6.25 billion in December 2025 to seed roughly 25 million Invest America / “Trump Accounts” with $250 each. Major coverage also notes the Dells (and some officials) described the gift as the largest single private commitment to U.S. children; however, independent verification of the superlative is not established—historic philanthropic gifts (and large foundation commitments) are numerous and definitions (nominal vs. inflation‑adjusted, targeted to “American children” specifically, or broader public‑interest gifts) vary, so the claim that it is definitively “the largest single private investment in American children in our nation’s history” cannot be confirmed. Verdict: Misleading — the $6.25 billion pledge is well documented, but the statement’s sweeping claim of being the largest such private investment is presented as fact without clear evidence and is not independently verifiable as stated.
  4. Update · Feb 07, 2026, 12:47 AMUnclear
    Evidence confirms Michael and Susan Dell pledged/committed $6.25 billion to fund deposits for 25 million children’s Trump/Invest America accounts (multiple major outlets and the Treasury/White House statements report the $6.25B pledge). However, the claim that it is “the largest single private investment in American children in our nation’s history” is presented as an assertion by donors and officials and I found no authoritative source or independent tally that definitively confirms no earlier single private gift aimed at U.S. children exceeded $6.25 billion. Because the “largest” characterization depends on definitions (e.g., targeted to U.S. children, single gift vs. multi-year commitment, restricted vs. unrestricted) and I could not verify it conclusively, the statement is Unclear.
  5. Original article · Feb 06, 2026

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