Timothy Mellon donates $50 million to pro-Trump supremacist PAC

Timothy Mellon, a conservative billionaire from the Mellon banking dynasty, contributed $50 million to a wonder PAC supporting former President Donald Trump’s current presidential campaign. The political action committee, MAGA Inc., has significantly increased its spending on television ads supporting Trump’s candidacy against incumbent President Joe Biden for the November presidential election.

MAGA Inc’s latest Federal Election Board filing revealed that it received over $68 million in donations last month. While the bulk of these funds were provided by Mellon, another $10 million came from Uline founders and billionaires Liz and Dick Uihlein.

Mellon, who resides in Wyoming, enjoys being a pilot and runs several shipping companies, provides a valuable boost to Trump’s campaign while independent front-runner Robert F. Kennedy Jr. He has also been a major donor to. Mellon gave at least $20 million to American Values, the excellent PAC that supported Kennedy’s independent candidacy.

Despite previous contributions to Kennedy’s campaign, the magnificent pro-Kennedy PAC reported a sharp decline in contributions last month, totaling around $280,000 with no funds coming from Mellon. This shift shows that Mellon is now focused on supporting Trump in the presidential race.

According to Forbes, the estimated fortune of the Mellon family, of which Timothy is one of the leading members, is $14.1 billion. As the presidential elections approach, the family’s financial influence continues to play an important role in the political arena.

Reuters contributed to this article.

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