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Conservative billionaire Timothy Mellon gives another $50 million to pro-Trump super PAC

Published 08/20/2024, 08:47 PM
Updated 08/20/2024, 08:50 PM
© Reuters. Republican presidential nominee and former U.S. President Donald Trump speaks as he holds a campaign rally in Wilkes-Barre, Pennsylvania, U.S. August 17, 2024. REUTERS/Jeenah Moon

WASHINGTON (Reuters) - Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, gave another $50 million last month to a super PAC supporting Republican Donald Trump's presidential bid, according to a federal disclosure filed on Tuesday.

The super PAC, known as MAGA Inc, has been ramping up outlays on television ads supporting Trump's candidacy and attacking Democratic presidential candidate Kamala Harris.

© Reuters. Republican presidential nominee and former U.S. President Donald Trump speaks as he holds a campaign rally in Wilkes-Barre, Pennsylvania, U.S. August 17, 2024. REUTERS/Jeenah Moon

MAGA Inc disclosed in a filing to the Federal Election Commission that it took in more than $54 million from donors last month, with most of the money coming from Mellon. Mellon has given MAGA Inc at least $115 million this year, including a $50 million contribution in May, disclosures show.

Mellon, who lives in Wyoming and is rarely photographed, is an amateur pilot who has invested in and led transport-related companies. Forbes estimates that the Mellon family is worth some $14.1 billion.

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