New Delhi, Dec. 3 -- Michael and Susan Dell have announced a landmark $6.25 billion philanthropic donation to support investment accounts for millions of American children, marking one of the largest charitable gifts in US history. The money will help fund deposits into the new "Trump Accounts" programme, a flagship element of President Donald Trump's One Big Beautiful Bill Act, which launches nationwide in 2026.

Under the scheme, any child in the United States with a social security number and aged under 18 may open a Trump account once the programme goes live on 4 July 2026. Parents or guardians will be responsible for setting up and managing these accounts.

The federal government will automatically deposit $1,000 into the accounts of...