Billionaire who saved US military with $130million lifeline
Share this @internewscast.com

The mystery surrounding the generous billionaire who contributed $130 million to cover US military salaries during the government shutdown has been resolved. The benefactor is none other than Timothy Mellon, heir to an oil fortune.

Former President Donald Trump revealed on Thursday that this significant donation was made by a ‘friend’ as a patriotic gesture towards the military and the country.

“He called us recently and said, ‘I’d like to make up for any shortfall due to the Democrat shutdown. I want to contribute personally because I have a deep love for the military and for our nation,'” Trump shared.

Describing the donor as ‘a great American citizen’ and ‘a substantial man,’ Trump noted that the individual wished to remain anonymous, which he found remarkable given that most people in politics seek recognition.

“He prefers to keep his name out of the spotlight, which is quite rare in my experience, especially in the political realm where people usually desire acknowledgment,” Trump remarked.

Sean Parnell, a spokesperson for the Pentagon, later confirmed that the Department of Defense had indeed received this generous contribution on Thursday, ensuring that service members’ salaries would be paid.

Mystery grew over who made the anonymous donation until the New York Times revealed the billionaire’s identity on Saturday, citing two sources familiar with the matter. 

Mellon, 83, has stayed out of the spotlight but is a member of one of America’s wealthiest families. 

Timothy Mellon, a member of one of America's richest families, has been revealed as the mystery tycoon who donated $130 million to the US government for military salaries

Timothy Mellon, a member of one of America’s richest families, has been revealed as the mystery tycoon who donated $130 million to the US government for military salaries 

Mellon (pictured here in 1981) is a member of a long line of powerful Americans and recently became a major political donor to Trump

Mellon (pictured here in 1981) is a member of a long line of powerful Americans and recently became a major political donor to Trump 

Mellon was revealed by the New York Times as the mystery donor who donated funds to pay the military during the government shutdown

Mellon was revealed by the New York Times as the mystery donor who donated funds to pay the military during the government shutdown 

Forbes lists the Mellons’ family fortune at $14.1 billion and named them one of the country’s richest dynasties in February. 

The outlet estimated that Mellon’s individual net worth was around $1 billion which he denied, telling the publication that he ‘never have been, never will be,’ a billionaire.  

Mellon is the descendant of Thomas Mellon, an Irish immigrant who came to America in 1818 and became a real estate and banking tycoon. 

His grandfather, Andrew, became a venture capitalist in the 20th century and was an early investor in companies that became Alcoa and Gulf Oil. 

Mellon has typically steered clear of political donations but has been an avid supporter of Trump and Health and Human Services Secretary Robert F. Kennedy Jr. 

His recent donation to the military has raised questions about whether it can be distributed as he intended. 

Congress typically has to approve how the budget is allocated, including funds for military service members. 

Donations exceeding $10,000 must undergo an ethics review, according to Defense Department regulations. 

Mellon is a member of one of the country's wealthiest families, with Forbes estimating their net worth at $14.1 billion (Pictured: A Pan Am Railway train, bought by Guilford Transportation)

Mellon is a member of one of the country’s wealthiest families, with Forbes estimating their net worth at $14.1 billion (Pictured: A Pan Am Railway train, bought by Guilford Transportation) 

Mellon's grandfather is Andrew Mellon, who served as the Secretary of the Treasury and was an early investor in oil companies

Mellon’s grandfather is Andrew Mellon, who served as the Secretary of the Treasury and was an early investor in oil companies 

 The donation also potentially violates the Antideficiency Act, which prohibits federal agencies from using funds in advance or in excess and accepting voluntary services.

The Pentagon has argued that the government can accept the money under the general gift acceptance authority. 

The Department of Defense’s standards of conduct generally state that any monetary gift shouldn’t be accepted from an outside source. 

However, the standards do note that there are many exceptions to the gift standard. 

The New York Times estimated that if the money were used to cover the military’s salaries, each service member would receive only about $100. 

Mellon has kept a low political profile but has become a top donor to Trump, pouring about $165 million into his last presidential campaign, according to the nonprofit research group Open Secrets

He significantly increased his political contribution spending in 2024, after donating only $41.7 million to campaigns in 2022. 

Mellon has stayed quiet on his political beliefs, but has supported Trump and RFK Jr's campaigns by donating millions

Mellon has stayed quiet on his political beliefs, but has supported Trump and RFK Jr’s campaigns by donating millions 

Thomas Mellon (pictured) accumulated a mass fortune as a venture capitalist and early investor in oil companies

Thomas Mellon (pictured) accumulated a mass fortune as a venture capitalist and early investor in oil companies 

Andrew Mellon (pictured) inherited his father's fortune before becoming the Secretary of Treasury

Andrew Mellon (pictured) inherited his father’s fortune before becoming the Secretary of Treasury 

Mellon donated $60.1 million in 2020, $10.1 million in 2018, and less than $1 million in prior years. 

His recent political donations include a $50 million cash infusion to the super PAC (political action committee) Make America Great Again Inc. 

Mellon is also a supporter of RFK Jr and donated millions to his presidential campaign and his group, Children’s Health Defense. 

However, in a rare interview with Bloomberg in 2020, Mellon revealed that he gave a small donation to Representative Alexandria Ocasio-Cortez’s 2018 campaign. 

The Daily Mail has reached out to the White House for comment on the New York Times’ reporting.  

Share this @internewscast.com
You May Also Like

Blue Jays’ Power Surge: Barger, Varsho, and Kirk Dominate Dodgers in Explosive 11-4 World Series Opener

TORONTO (AP) — Addison Barger made World Series history on Friday night…

Prince Andrew Considers Luxurious Arabian Palace Retreat Amidst Ongoing Controversies

Reports suggest that the royal family of Abu Dhabi has kindly extended…

Bronx NYCHA Murder Suspect Faces Murder Charges: No Bail Granted in High-Profile Case

In a Bronx courtroom on Friday, a 67-year-old man accused in a…

Barristers Granted Permission to Forego Wigs in Court Proceedings

The fashion of donning white wigs traces back to Louis XIV of…

Controversy Erupts as Prison Staff Allegedly Direct ‘Confused’ Sex Offender to Train Station: A Closer Look at the Systemic Failures

A delivery driver recounted witnessing prison staff directing a perplexed migrant sex…

From Devastation to Determination: How a ‘Teacher of the Year’ Finalist is Fighting Back

A Georgia educator, previously recognized as a finalist for Teacher of the…

Heartbreaking Loss: ‘Low Tox’ Nutritionist Passes Away Post-Childbirth—A Community in Mourning

In a heartbreaking turn of events, a beloved Melbourne-based nutritionist and food…

Kemi Criticizes PM Over Accidental Release of Asylum Hotel Offender

On Friday, officials mistakenly released a “dangerous” Channel migrant, who had previously…

Trump Addresses White House Ballroom Name Leak with Latest Update

In a recent statement, President Donald Trump made it clear that he…

The Louvre, Scene of £76 Million Heist, Sparks Debate on France’s Cultural Challenges

Amid the grandeur of the Louvre’s first floor, with its marble pillars,…

Retailers Turn to ‘Most Wanted’ App to Catch Shoplifters: A Game-Changer in Theft Prevention

To combat a surge in crime, shopkeepers across Scotland are turning to…

88-Year-Old Congresswoman Falls Victim to Home Robbery by Impostor Cleaning Team

An 88-year-old Democrat serving in Congress fell victim to a scam in…