Billionaire Timothy Mellon Fuels Trump's Campaign with Another $50 Million
Conservative billionaire Timothy Mellon, an heir of the Mellon banking family, contributed $50 million to the super PAC supporting Donald Trump's presidential bid. MAGA Inc has been active in spending on ads to support Trump and attacking Kamala Harris. Mellon has donated at least $115 million this year.
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Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, has made another substantial contribution to the super PAC supporting Donald Trump's presidential campaign. According to a federal disclosure filed on Tuesday, Mellon donated $50 million to MAGA Inc last month, a group that has significantly increased its spending on television ads favoring Trump's candidacy and critiquing Democratic rival Kamala Harris.
The Federal Election Commission filing revealed that MAGA Inc received over $54 million in donations last month, primarily from Mellon. Mellon's contributions to the super PAC now total at least $115 million this year, including a $50 million donation in May. Mellon, a Wyoming resident and amateur pilot, has made considerable investments in and led transport-related companies. Forbes places the Mellon's family wealth at around $14.1 billion.
(With inputs from agencies.)
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