GENERAL
2 min readBillionaire Timothy Mellon Identified as $130M Military Donation Source
TrueGov Editorial Team•3 months ago•2 min read
Banking heir provided funds for troops during recent government shutdown
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Timothy Mellon, an 83-year-old billionaire heir to the Mellon banking fortune, has been identified as the donor who provided $130 million to pay U.S. troops during the recent government shutdown. The New York Times reported Mellon's identity on Saturday, following President Trump's earlier announcement about an anonymous donation from "a friend" who "loves the military and loves the country." Mellon is estimated to have a net worth of approximately $14 billion.