Topline
Former US President and Republican presidential candidate Donald Trump addressed a town hall at the Convention Center in Lancaster, Pennsylvania.
Key Facts
According to the Federal Election Commission filings, Mellon made a generous donation of $25 million to the pro-Trump organization, Make America Great Again Inc., on September 17. This contribution occurred only two days after the second assassination attempt on the former president.
In May, MAGA Inc. received a generous donation of $50 million from Mellon, coinciding with the day of Trump’s conviction on 34 felony charges in the New York hush-money case.
Since the beginning of this year, the mysterious billionaire has generously contributed a staggering $140 million to the pro-Trump PAC.
In September, MAGA Inc. raised approximately $40 million, with Mellon’s contribution constituting a significant portion of the total amount.
Linda McMahon, who is the wife of WWE founder Vince McMahon and former head of the Small Business Administration, generously contributed $5 million to the PAC.
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The net worth of the Mellon family is estimated to be $14.1 billion, making them one of the wealthiest families. The Mellon family’s fortune dates back to 1841, making it one of the oldest continuing fortunes in American history. Timothy Mellon, the current heir, comes from a long line of successful venture capitalists.
His grandfather, Andrew Mellon, was a prominent figure in the early 20th century, investing in companies that eventually became Alcoa and Gulf Oil. In addition to his successful business ventures, Andrew Mellon also served as the U.S. Treasury Secretary from 1921 to 1932.
Mellon has made a generous contribution of $25 million to the American Values 2024 PAC, which supported Robert F. Kennedy Jr.’s presidential campaign.
Expressing admiration for RFK Jr., Mellon described him as the candidate capable of uniting the nation and eradicating corruption. Mellon further stated that RFK Jr. is the Democrat with the greatest chance of winning the general election.