Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Trump ally who donated $130 million to pay troops amid shutdown revealed as reclusive billionaire heir: report

by October 26, 2025
October 26, 2025
Trump ally who donated $130 million to pay troops amid shutdown revealed as reclusive billionaire heir: report

The anonymous donor who gave $130 million to the Pentagon to pay troops during the government shutdown has been identified as Timothy Mellon, a reclusive billionaire and a major financial backer of President Donald Trump, according to a report.

Trump announced the donation on Thursday, but declined to reveal the donor’s identity, only describing him as a ‘patriot’ and a friend. The president again refused to name the person on Friday while talking to reporters aboard Air Force One shortly after departing Washington for Asia, calling the donor ‘a great American citizen’ and a ‘substantial man.’

‘He doesn’t want publicity,’ Trump said on Friday. ‘He prefer that his name not be mentioned, which is pretty unusual in the world I come from, and in the world of politics, you want your name mentioned.’

But the two people familiar with the matter told The New York Times that the man is Mellon, a wealthy banking heir and railroad magnate.

It remains unclear how long the donation will cover the troops’ salaries. The Trump administration’s 2025 budget asked for about $600 billion in total military compensation, according to the Congressional Budget Office.

The $130 million donation would equal about $100 a service member, according to The New York Times.

Mellon, a grandson of former Treasury Secretary Andrew W. Mellon, is a backer of Trump who gave tens of millions of dollars to groups supporting the president’s 2024 campaign. Last year, he gave $50 million to a super PAC supporting Trump, making it one of the largest single contributions ever disclosed, the newspaper noted.

The billionaire was not a prominent Republican donor until Trump was first elected but has given hundreds of millions of dollars in recent years into supporting the president and the GOP.

He is also a significant supporter of Health and Human Services Secretary Robert F. Kennedy Jr., who also ran for president in 2024, first as a Democrat and later as an independent before dropping out to endorse Trump. Mellon donated millions to Kennedy’s presidential campaign and has also given money to the secretary’s anti-vaccine nonprofit, Children’s Health Defense, according to The New York Times.

Despite his political contributions, Mellon has sought to keep a low profile.

In an autobiography published in 2015, Mellon described himself as a former liberal who moved from Connecticut to Wyoming for lower taxes and fewer people.

The Pentagon said it accepted the donation under the ‘general gift acceptance authority.’

‘The donation was made on the condition that it be used to offset the cost of service members’ salaries and benefits,’ Pentagon spokesman Sean Parnell said in a statement to The New York Times.

But the donation may be a potential violation of the Antideficiency Act, which prohibits federal agencies from spending money in excess of congressional appropriations or from accepting voluntary services.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Trump says he won’t waste time meeting Putin unless Ukraine deal is likely to happen soon
next post
Rubio reveals shared intelligence prevented possible Hamas attack, discusses international stabilization force

You may also like

China releases 3 ‘wrongfully detained’ Americans, White House...

November 27, 2024

Schumer claims Trump admin withholding Epstein files, threatens...

August 15, 2025

Israel’s targeted response against Iran sends new warnings...

October 28, 2024

RFK Jr. says Trump White House will get...

November 3, 2024

What the Taylor Swift endorsement of Kamala Harris...

September 11, 2024

Trump calls for death penalty for suspect in...

September 10, 2025

Appeals court blocks Trump from firing federal board...

April 7, 2025

Special Counsel Jack Smith required to submit Trump...

December 7, 2024

Kamala Harris underperformed Biden’s numbers with women. South...

November 7, 2024

VP Vance curses out senators after heated Kennedy...

September 4, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Rubio reveals shared intelligence prevented possible Hamas attack, discusses international stabilization force

      October 26, 2025
    • Trump ally who donated $130 million to pay troops amid shutdown revealed as reclusive billionaire heir: report

      October 26, 2025
    • Trump gives Hamas 48 hours to return all deceased Gaza hostages, or ‘other countries will take action’

      October 26, 2025
    • Trump says he won’t waste time meeting Putin unless Ukraine deal is likely to happen soon

      October 25, 2025
    • Cuomo rips Mamdani’s victim narrative, says Dem socialist is ‘offender’ against 9/11 families, Jews and more

      October 25, 2025
    • Serbian foreign minister proposes hosting Ukraine-Russia peace negotiations amid ongoing conflict

      October 25, 2025

    Categories

    • Business (819)
    • Investing (661)
    • Politics (6,088)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved