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Dell Donates $6.25B to Kids Accounts
Michael Dell says 25 million US children will each receive $250, totaling $6.25 billion, invested to compound for decades.
Key points
- Michael Dell said that by tomorrow, 25 million American children will have $250 in their accounts, totaling $6.25 billion.
- Michael Dell said the $6.25 billion comes from him and Susan Dell's charitable funds and is contributed through Invest America.
- Michael Dell urged parents of children under 18 to claim their account and see how much is in there now.
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Original post
Promise made. Promise kept.
By tomorrow, 25 million American children will have our gift of $250 in their accounts.
$6.25 billion. Invested in kids. Compounding for decades.
If you have a child under 18, claim their account and see how much is in there now.
$250 is only the beginning. 🇺🇸Quoting @MichaelDell: $6.25 billion. 25 million children. $250 each.
Susan and I believe the smartest investment we can make is in children. That’s why we’re so excited to contribute $6.25 billion from our charitable funds to help 25 million children start building a strong financial foundation through Invest America. 💪📈🇺🇸
https://t.co/Rua4PBJaEc
Top replies on X
Reaction on X: Most replies thank Michael and Susan Dell for their generosity and call them role models. One reply alleges the transfer of appreciated corporate stock to their foundation let the Dells claim large tax deductions while avoiding capital gains taxes, and names Robinhood as the operational front.
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From @StevenJosephR, @stillKT, @Barbara35980709 and others. Spam removed, with English and Chinese translations.
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