Michael Dell courted Trump early. His company has reaped rewards
Michael Dell and his wife have committed over $10 billion to philanthropic efforts, including a recent $750 million donation to the University of Texas at Austin. Their giving strategy is unconventional, focusing on long-term investments without immediate benchmarks for impact. The Dells' donations have drawn attention due to their close ties with the Trump administration, raising questions about the nature of their philanthropic approach.
- ▪Michael and Susan Dell have pledged over $10 billion in philanthropic commitments.
- ▪Their recent donation includes $750 million for a new medical campus at the University of Texas at Austin.
- ▪Michael Dell's net worth has increased significantly, reaching $196 billion, largely due to the AI-driven tech rally.
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Many tech philanthropists are also fond of using metrics to measure the impact of their donations and hold nonprofits accountable, according to Tompkins-Stange. Instead, the Dells are giving away $6.25 billion on the premise that these investment accounts will grow meaningfully over time, she said."That's almost unheard of in tech philanthropy," she said. "It's essentially an investment in a long-term strategy where you don't have benchmarks. No one's going to be evaluating the effect of this money on the children on a quarterly basis."The White House praised the Dells and their donation."President Trump's only interest is doing what's best for the American people, and his effusive praise for the Dells is rooted only in their patriotic contribution of over $6 billion to the Trump Accounts…
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