Key facts
- Americans have invested nearly $125 million in Trump Accounts in the first five days since launch.
- Trump Accounts are investment accounts for children born between 2025 and 2028.
- The US Treasury will deposit $1,000 into each eligible child's account.
- Notable donors include Gwynne Shotwell, Michael Dell and his wife, Ray Dalio and his wife, Brad Gerstner, and Nicki Minaj.
- Companies such as Goldman Sachs, Micron, and Bank of America have also contributed.
The White House announced that American families have invested nearly $125 million in Trump Accounts within the first five days of the program's launch on July 4. These accounts are designed for children born between 2025 and 2028, with the US Treasury committed to depositing $1,000 into each eligible child's account.
The initiative has attracted significant contributions from prominent figures in business and entertainment. SpaceX president Gwynne Shotwell and her husband donated SpaceX stock, aiming to benefit children in specific income and age brackets near their Texas home. Michael Dell and his wife Susan also made a substantial contribution, with Dell stating the program makes "every child a shareholder in the greatest prosperity-creating engine the world has ever known—American capitalism."
Other notable donors include hedge fund manager Ray Dalio and his wife, Altimeter Capital CEO Brad Gerstner, and rapper Nicki Minaj. Companies such as Goldman Sachs, Micron, and Bank of America have also announced contributions for their employees' children's Trump Accounts. President Donald Trump publicly thanked Shotwell and the Dells for their generosity.