Donald Trump receives a significant financial donation from billionaire Timothy Mellon
Billionaire Timothy Mellon donated $50 million to a super PAC supporting Donald Trump as part of a major influx of funding that helped the former president’s campaign outraise President Joe Biden in May, writes Forbes.
Mellon’s donation is now the largest individual contribution of the 2024 election season and the conservative billionaire is the first to disclose more than $100 million in overall campaign contributions this year.
Mellon’s donation made up a lion’s share of the $68.8 billion raised by MAGA Inc. in May—and a major boost for the super PAC, which already had $34.4 million on hand at the end of April.
The massive contribution from Mellon led a bumper fundraising month for the Trump campaign and the Republican National Committee, as they received $141 million compared to the $85 million raised by the Biden campaign and the Democratic National Committee.
This is the second consecutive month where Trump has outraised Biden—cutting sharply into the President’s fundraising advantage.
Last year, Mellon made a $5 million donation to Robert F. Kennedy’s Democratic Primary campaign. At the time, Mellon praised Kennedy by calling him the “one candidate who can unite the country and root out corruption and that he’s the one Democrat who can win in the general election.”
