Michael Dell, the billionaire Texan who founded Dell Technologies, has pledged $36 million of his foundation’s money to help disaster relief efforts in the wake of Hurricane Harvey.
The gift from the Michael and Susan Dell Foundation is the largest donation to date aimed at recovery efforts.
Mr. Dell was born in Houston, and the neighborhood where he grew up, Meyerland, was flooded by the storm.
“This is our home,” he said in a statement. “It will take all of us working together, over the long term, to rebuild our Texas communities.”
As the scope of the devastation has become more clear in recent days, many companies have pledged to fund recovery efforts, including some of the big corporations who have benefited from Houston’s business-friendly policies.
Verizon has pledged $10 million and Toyota $3 million. But Mr. Dell hopes to eventually raise $100 million.
His foundation’s pledge will seed the Rebuild Texas Fund, an initiative that …