Michael Dell and his wife, Susan Dell, announced on Tuesday their intention to donate $6.25 billion to U.S. children aged 10 and younger through their charitable funds. That means that roughly 25 million qualifying children will receive about $250 each.

Billionaires Michael and Susan Dell pledged a historic $6.25 billion on Tuesday to provide an incentive to families to adopt new investment accounts for children.

The family behind Dell Technologies is contributing $6.25 billion to government-funded investment accounts for children. The investment from Dell founder Michael Dell and his wife, Susan Dell, will add $250 to so-called "Trump Accounts" for 25 million children under 10 years old.

Michael and Susan Dell have announced that they will donate $6.25 billion to Trump Accounts for U.S. citizen children born between January 2025 and Dec. 31, 2028.