Caroline Hyde

More on that next.

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Michael and Susan Dell are donating $6.25 billion, gifting 25 million children in America $250 each in an effort to jumpstart their investment accounts for the future.

The proceeds build on the Invest America Initiative, or Trump accounts as they're known, which will seed $1,000 for every child born from 2025 to 2028.

Let's talk about all of it with Bloomberg's Tom Maloney.

And how unprecedented is this, this size of philanthropic gift?

Let's go back to what all of this is sort of sitting alongside, which is invest in America.

We sort of saw that roundtable alongside other CEOs, a lot of them tech, who have been thinking about how to get money into the hands of children to invest in the longer term, Tom.

Now, Michael Dell and his family, he's the 11th wealthiest person in the world.

But it's other tech-moneyed people who have been putting this initiative to work.

And I think about, really, Brad Gerstner, who has been the driving force initially behind what is this sort of Invest America outreach.

He set it up back in 2023.

Of course, we know him from Multimeter.

Yeah, and Brad over at Altometer, he's been saying that this is a platform for every company in America to think about how they reward employees' own children.

But it doesn't need to just be a company.

It could be mums and dads, churches, synagogues, many, to be putting it aside in a sort of tax-efficient way, Tom.

What's interesting is, of course, Dell Stock has moved on all of this.