Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Farage slams British prime minister for ‘extraordinary’ lack...
GOP senators say Trump’s strikes ‘significantly degraded’ Iran...
Trump tells Starmer aircraft carriers no longer needed...
King Charles to address ‘increasing pressures of conflict’...
‘Loud bang,’ damage reported at US Embassy in...
Iran’s last line of resistance holds back —...
State Department defends ‘proactive’ evacuation efforts against Dems’...
Cartels fear US retaliation as Trump-era pressure reshapes...
Trump vows block on signing new laws until...
Trump warns Iran’s new leader won’t ‘last long’...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

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

by admin 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

previous post
Trump gives Hamas 48 hours to return all deceased Gaza hostages, or ‘other countries will take action’
next post
Trump says he won’t waste time meeting Putin unless Ukraine deal is likely to happen soon

You may also like

53 Dems vote against declaring Iran a state...

March 6, 2026

Trump commutes prison sentence of Hunter Biden’s ‘fall...

April 1, 2025

GOP lawmakers advocate for US condemnation of persecution...

July 23, 2025

South Korean court rules ex‑President Yoon Suk Yeol...

February 19, 2026

RFK denies report that he asked for position...

August 16, 2024

‘Things need to change’: Senate Democrats sharpen criticism...

August 12, 2025

Terror in Gaza: Hamas offers bounties to kill...

June 29, 2025

Trump’s pledge against ‘forever wars’ could be tested...

December 14, 2024

MORNING GLORY: Minnesota’s fraud scheme is exposed. Now...

December 9, 2025

Trump pulls US out of UN agency over...

July 22, 2025

Recent Posts

  • Farage slams British prime minister for ‘extraordinary’ lack of support for Trump’s Iran strikes
  • GOP senators say Trump’s strikes ‘significantly degraded’ Iran but emphasize attacks not ‘forever wars’
  • Trump tells Starmer aircraft carriers no longer needed in Mideast, accuses him of joining war US ‘already won’
  • King Charles to address ‘increasing pressures of conflict’ in speech as Trump criticizes British PM on Iran
  • ‘Loud bang,’ damage reported at US Embassy in Norway; police investigating

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Categories

    • Business (981)
    • Investing (4,282)
    • Politics (5,172)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 © 2026 Sightful Invest. All Rights Reserved.