Timothy Mellon, a billionaire who was born in one of the richest families in the USAdonated $50 million to Trump campaign super-pac Make America Great Again Inc., according to federal records released on Thursday. Mellon’s contribution is now considered the largest single donation disclosed in the 2024 election.
Mellon, 81, previously served as President of Pan AM Systems Inc., a private manufacturing and transportation company. This year, he plans to release a memoir about his experience as president, published by Skyhorse Publishing, titled panam.captain.
According to federal documents, Mellon made his donation on May 31, 2024, just one day after Trump was found guilty of 34 felonies by a New York state court in a historic money-hiding trial. Mellon also donated at least $20 million to the campaign of Robert F. Kennedy Jr., who is running as an independent candidate in the 2024 presidential election, according to the BBC.
TIME has reached out to the Trump and Robert F. Kennedy Jr. campaigns for comment and more information.
According to Forbes, Mellon is the great-grandson of Thomas Mellon, an Irish immigrant who came to the US in 1818. Thomas was a lawyer and judge who invested his money in various real estate and banking projects. By the time of his death, he had accumulated a large fortune, which was inherited by his children. Today, the Mellon family is worth approximately $14.1 billion, making them the 34th richest family in America.
Meanwhile, Biden’s campaign has also recently received some substantial donations. The Washington Publish reported that billionaire Michael Bloomberg donated $19 million to the Future Forward or FF PAC, a pro-Biden political action committee. The billionaire also donated an additional $929,600 to another organization called the Biden Victory Fund.
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