Nicki Minaj Commits Up to $300,000 to Support Trump Accounts
By John Nada·Jan 28, 2026·2 min read
Nicki Minaj pledges $150,000 to $300,000 to fund Trump accounts, promoting financial literacy among her fans. This initiative could reshape perceptions of celebrity responsibility.
Rap artist Nicki Minaj will contribute between $150,000 and $300,000 to fund her fans' Trump accounts, a type of individual retirement account aimed at fostering early wealth building. The Grammy-nominated musician joined President Donald Trump and U.S. Treasury Secretary Scott Bessent at the Treasury Department's Trump Accounts Summit in Washington, DC, to promote these accounts, also referred to as Section 530A accounts. Trump adviser Alex Bruesewitz confirmed Minaj's grant to MS NOW.
Details about who may benefit from Minaj's contribution remain unclear, though reports suggest it could support her fanbase, known as the 'Barbz.' According to CNBC Business, Bessent noted that 600,000 families have already applied for Trump accounts, which offer substantial incentives, including an initial $1,000 deposit from the Treasury for children born between 2025 and 2028.
A range of companies, including Bank of America and Robinhood, are matching the federal contribution for employees' children. Philanthropists like tech CEO Michael Dell have also pledged significant one-time funding for certain age groups, further enriching the initiative. This multi-faceted approach aims to enhance financial literacy and provide early financial support, a sentiment echoed by Minaj in a recent post on X.
This initiative highlights a growing trend of celebrities and corporations investing in financial literacy for younger generations. Such commitments could reshape how fans perceive their favorite artists and their social responsibilities.