Last December, computer mogul Michael Dell and his wife Susan donated a whopping $6.25 billion to the Malignant Fascist's vanity "Trump Accounts" program, authorized by his One Big Bad Beautiful Ugly Bill to create investment accounts for children 10 and under. The donated money provides $250 to kids in areas where the median family income is under $150,000. Dell, who's reportedly worth approximately $165 billion, is quite the philanthropist, right? AP Moneywise looks at what the gift bought:
"Dell Technologies (NYSE:DELL) stock hit an all-time high of $263.99 on Friday, May 8, surging as much as 14.6% intraday after President Donald Trump used a Mother's Day event at the White House to thank the Dell family by name and tell Americans to 'go out and buy a Dell.'
Company shares closed at $260.46, up roughly 12%, capping its best week in more than two years. DELL is now up 107% year-to-date." (our emphasis)
As with the vast majority of mega billionaire "philanthropy," there's a payback. In this instance, the money is cycled back into the stock market via these accounts, but the MF's boosting of the company's stock was the big, direct payback, and even before one dollar was deposited in these accounts, which don't launch until July 4, 2026. Also, Dell Technologies is a big player in AI server systems, so there's that angle when looking at the MF regime's picking the winners in AI in the future.
(photo: Michael and Susan "Mar-a-Lago Face Fail" Dell)
I hope the cosmetic surgeons were well paid since if they're tied to the results they might well be out of patients.
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