Timothy Mellon family: All we know about heir to Pittsburgh-based Mellon banking family and his grandfather

President Donald Trump announced it on Thursday; however, he kept the name of the donor under wraps. He only gave a short description of the donor, calling the person a “patriot” and his friend.

Ever since Timothy Mellon was named as the donor, there has been quite a buzz and curiosity around the billionaire. Here are five facts about Mellon that one should know.

1. The generous donor is heir to a business family known for banking and their ties to US politics.

2. In 2024, Variety reported Timothy’s net worth to be around $14.2 billion. He has also been one of the most active donors to Trump’s campaigns.