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Hurricane Harvey

WATCH: Houston-Native Tech Billionaire Michael Dell Launches Ambitious Fund To Help Harvey Victims

The Susan and Michael Dell Foundation has pledged $36 million.

Houston-native technology billionaire Michael Dell, who founded Dell Technologies, and his wife, Susan Dell, have launched the Rebuild Texas Fund to help disaster relief efforts in the wake of Hurricane Harvey. The goal is to raise $100 million by the end of the Labor Day weekend they announced on Friday.

The Michael and Susan Dell Foundation will contribute $18 million initially and match another $18 million as donations come in, The New York Times published on Friday. The gift is the largest donation to date aimed at recovery efforts, the Times said. So far, Verizon has pledged $10 million and Toyota $3 million.

The Rebuild Texas Fund will be run with the OneStar Foundation, which coordinates charitable work in Texas.


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