The reclusive plutocrat who became the biggest political donor of 2024
About 325,000 people will receive this email, but only a small fraction are paying subscribers. If another 2% of Popular Information readers decided this newsletter was worth 96 cents per week, we could significantly expand our capacity to do this work. If the cost of this newsletter ($6/month or $50/year) would cause a financial burden, please stay on this free list. That's why we don’t have a paywall. But, if you can afford it, please consider becoming a paid subscriber. The largest donor of the 2024 presidential campaign, by far, is Timothy Mellon, the reclusive billionaire and heir to the Mellon banking fortune. Mellon was already the largest donor after donating $25 million each to the Super PACs supporting the presidential campaigns of Donald Trump (MAGA Inc.) and Robert F. Kennedy Jr. (American Values 2024). Then, Mellon donated another $50 million to MAGA Inc. on May 31, the day after Trump was convicted of committing 34 felonies. Mellon's $75 million contribution to MAGA Inc. represents almost half of the group's total fundraising. Mellon has also donated millions more to other conservative causes this cycle. Despite his political spending, little is known about Mellon. The most detailed account of Mellon's views comes from his self-published 2015 autobiography. "This book was not ghost-written: every single word is my own," Mellon said in a press release announcing its publication. People who wanted to purchase the book were required to make a $9 donation to Hillsdale College, a private Christian institution that aggressively promotes right-wing ideology or another conservative group. According to a 2020 article published in the Washington Post, Mellon writes that Black people have become "even more belligerent and unwilling to pitch in to improve their own situations" after social safety net programs were expanded in the 1960s and 1970s. Mellon writes that they are now "slaves of a new Master, Uncle Sam." Mellon also derided programs intended to lift people out of poverty as "Slavery Redux." Mellon claimed that in exchange for "delivering their votes in the Federal Elections, they are awarded with yet more and more freebies: food stamps, cell phones, WIC payments, Obamacare, and on, and on, and on." According to Mellon, who inherited his fortune, "[t]he largess is funded by the hardworking folks, fewer and fewer in number, who are too honest or too proud to allow themselves to sink into this morass.” Mellon also blasted universities for offering college students the opportunity to learn about the history of Black people, women, and the LGBTQ community. "Black Studies, Women’s Studies, LGBT Studies, they have all cluttered Higher Education with a mishmash of meaningless tripe designed to brainwash gullible young adults into going along with the Dependency Syndrome," Mellon wrote. In response to scrutiny of the book, Mellon stood firm. "I said everything I wanted to say,” Mellon told Bloomberg. “I don’t have any regrets.” But now, Mellon is trying to rewrite history. The website Mellon used to sell the book, timsstory.com, has been taken offline. The book doesn't appear to be available to purchase anywhere. Instead, later this month, Mellon is publishing a new autobiography with the same title. This time, the cover includes a gushing blurb from Kennedy. Mellon's new book is being published by Skyhorse Publishing, which is run by Tony Lyons. He also serves as the co-chair of American Values 2024, Kennedy’s Super PAC. Skyhorse Publishing has published Kennedy’s books about vaccine conspiracy theories and the works of other conspiracy theorists, including Alex Jones. According to the promotional material, Mellon's new book reveals "a life not merely lived on inherited wealth but on conviction, leadership, and the audacity to defy convention." Mellon's connection to Project 2025In addition to his donations to Super PACs supporting the campaigns of Trump and Kennedy, Mellon donated $4 million to Sentinel Action Fund, a Super PAC created by Heritage Action, a subsidiary of the Heritage Foundation. (Contributions directly to Heritage Action or the Heritage Foundation are not disclosed.) The Heritage Foundation is the leading organization behind Project 2025, a blueprint for a second Trump administration. Project 2025 is a 920-page document that lays out a radically different future for the United States. The document details a "Christian nationalist vision of the United States, one in which married heterosexuality is the only valid form of sexual expression and identity; all pregnancies would be carried to term, even if that requires coercion or death; and transgender and gender-nonconforming people do not exist." In addition to the detailed policy guide, the Heritage Foundation is vetting thousands of "conservative warriors" who can come to Washington, D.C., to implement the plan. Why is Mellon supporting Kennedy?Mellon's $25 million donation to Kennedy's Super PAC is keeping his cash-strapped campaign afloat. But why is Mellon supporting Kennedy? In 2023, before Kennedy dropped out of the Democratic primary, Mellon expressed his support for Kennedy in a statement released by the super PAC. “The fact that Kennedy gets so much bipartisan support tells me two things: that he’s 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.” Mellon “has also been a ‘supporter’” of Kennedy’s anti-vaccine non-profit Children’s Health Defense, Mark Gorton, co-founder of the American Values super PAC, told NOTUS. Mellon, however, also has a history of supporting candidates that he thinks will damage the Democratic Party. In 2018, for example, Mellon donated $2,700 to Representative Alexandria Ocasio-Cortez (D-NY). In an interview with Bloomberg, Mellon explained the donation was because “he thought that, if elected, her outspokenness would cause headaches for Democrats.” Ocasio-Cortez’s campaign tried to refund the donation, but Mellon said he would “neither cash nor deposit the check but rather, frame it.” The Wall Street Journal reported that Mellon also donated $5,800 to Senator Joe Manchin (I-WV) in 2021 and 2022 and $2,900 to Senator Kyrsten Sinema (I-AZ) in 2022, two politicians who have a history of obstructing Democratic policy priorities. Mellon's other massive donationIn 2021, Mellon donated $53 million to Texas Governor Greg Abbott’s (R) fundraising campaign to build a border wall. According to the Texas Tribune, Mellon’s donation “contributed nearly 98% of the fund’s total donations.” In June 2021, Abbott announced a plan to build a state-funded wall on the Mexico border. Abbott “expected people to both donate their own money and volunteer their land for the barrier.” The plan is part of Abbott’s Operation Lone Star, which seeks to subvert federal immigration policy. In addition to the barriers, some of which are topped with razor wire, Texas has authorized “Texas National Guard soldiers and state troopers to arrest” undocumented migrants. This has created safety concerns and “essentially criminalizes seeking asylum,” which migrants have the right to pursue under federal law. The Wall Street Journal reported that “people familiar with [Mellon’s] thinking” said that “[o]ne of the main issues driving Mellon’s giving is immigration.” In 2010, Mellon gave $1.5 million “to help the state of Arizona defend a controversial law that required police to determine the immigration status of people suspected of living in the U.S. illegally, which critics said could lead to racial profiling.” PROGRAMMING NOTE: Popular Information will not be published tomorrow, July 4. We’ll return to your inbox on Monday. |
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