The CEO of Dell has issued an update after making a multibillion-dollar pledge alongside his wife.Michael and Susan Dell, following their viral appearance at the White House with Donald Trump, have contributed $6.25 billion to ‘help 25 million children start building a strong financial foundation’.The US government is also offering $1,000 to eligible children born between 2025 and 2028, with the money going into a special investment account, which parents can add to if they wish.It is then invested in the stock market, giving it the chance to grow as the child gets older, although its value could also fall.When children turn 18, they can begin accessing the money under certain rules, giving them a financial head start in adult life.

Earlier this week, Trump joked about endorsing Susan, 62, for office after she urged families to claim the $250 per child.“I’m very pleased to let you know today that we have funded 10 million of those accounts as of this morning,” Michael, 61, said on Wednesday.By the end of this week we will have funded 25 million of those accounts.”“$250 is just the beginning,” he added. “If you have a child under 18 with a social security number you should claim your account.”Susan said: “Over the past month, as our contribution reached millions of children’s accounts, Michael and I have heard from so many parents and kids and grandparents with these beautiful letters that have truly moved us.