Timothy Mellon, a billionaire businessman and heir to the illustrious Mellon banking dynasty, has emerged as the generous benefactor behind a $130 million donation intended to support U.
S. troops during the recent government shutdown.
This revelation sheds light on the identity of the previously anonymous donor, whose contribution was highlighted by President Trump earlier this week.
According to The New York Post, The New York Times reported on Saturday that Mellon was the individual responsible for the substantial financial gift. President Trump, while traveling to Asia, mentioned that the donation came from "a friend" who harbors a deep affection for both the military and the nation, yet preferred to remain unnamed.
The President remarked on the unusual nature of such a request for anonymity, noting, "pretty unusual in the world I come from."
At 83, Mellon is the grandson of Andrew Mellon, a prominent industrialist and former Treasury Secretary. With an estimated net worth of $14 billion, Timothy Mellon stands as a significant figure in American financial circles.
Despite the public interest in this generous act, the White House has chosen not to comment, directing inquiries to the Department of War and the Treasury Department. However, these departments have yet to respond to The Post's request for further information.
This development underscores the importance of private philanthropy in supporting national interests, particularly in times of governmental financial constraints. Mellon's contribution not only highlights his personal commitment to the military but also raises questions about the role of private wealth in addressing public sector challenges.
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