Preserving Land, Water, Animals, and Economies. Assets of the major family foundations amount to nearly $1‐billion, and they fund a wide range of activity in the arts, education and social en deavors. He was known to his asso ciates as “the General” be cause he held an Army Re serve commission. While his younger bro ther handles the business and financial responsibilities of the family, he will concen trate on the charitable and cultural interests. Twelve years ago I began an application to the Andrew Mellon Foundation, but did not complete it. as of 12/16/20. In January 1971, Seward and, Richard Mellon, both adopted sons of Richard King Mellon, took over’ management of the Mellon economic interests. He is the only son of the late Sarah Mellon Scaife who held about one ‐ quarter of the Mellon fortune. About the Richard King Mellon Foundation. Andrew Mellon, Pross' great-uncle, founded the National Gallery of Art in Washington, D.C. His father, General Richard King Mellon, played a big role in reviving Pittsburgh. Famous Celebrity Richard King Mellon is still alive (as per Wikipedia, Last update: December, 2018). Both succeeded their father as head of the Mellon family bank, first Andrew, and la ter Richard B., when An drew went to Washington in 1921 as Secretary of the Treasury. Net Worth and Insider Trades. They're sitting on a lot of money, and it's a big responsibility even to preserve it.”. “I don't envy those boys [Seward and Richard Mellon],” one Pittsburgh financier said. The other candidates for leadership, exluding the men who married into the fam ily, would seem to be Rich ard Mellon Scaife and Tim othy Mellon. See the article in its original context from. Company profile page for R K Mellon Family Foundation including stock price, company news, press releases, executives, board members, and contact information ¶Cassandra (Sandy) Mellon Henderson, 30. Fur thermore, the very thought of articles tying together the family fortune makes Mellon lawyers uneasy. They were a gift from the Marquise de Lafayette. May Jr., a thrice‐married industrialist, she is a Pitts burgh art patron and philan thropist. There are many grants I can apply for. General Mellon was the grandson of Judge Thomas Mellon, who founded the fam ily bank in Pittsburgh, where profitable links with the Gulf Oil Corporation and the Alu minum Company of Amer ica were first forged. Daughter of Paul Mellon (also by his first marriage). Andrew William Mellon (/ ˈ m ɛ l ə n /; March 24, 1855 – August 26, 1937), sometimes A.W., was an American banker, businessman, industrialist, philanthropist, art collector, and politician. For example, Mellons hold an estimated 30 per cent of the outstanding stock of the Aluminum Company of America, worth $425‐mil lion. King Mellon Foundation Richard is listed as an insider in the following companies: TRVI / Trevi Therapeutics, Inc. Various family members maintain offices on the 39th floor of the Mellon Bank building in Pittsburgh — a complex of offices that over looks Pittsburgh's Golden Triangle and is known to city businessmen as “heav en.” There they talk over problems and sometimes de cide on a course of action. Most sources agree on John D. Rockefeller being the richest American in history, although some define richest as an individual's wealth as a share of contemporary Gross Domestic Product (GDP). The Mellons gained some of these positions by being money lenders to the right people at the right time. He was successively a law yer, judge and banker, and his first bank was named T. Mellon & Sons. Unlike some other rich United States families, such as the Rockefellers and Ken nedys, the Mellons are not active in elective politics, nor do they have immense industrial enterprises bear ing their name as do the Fords. Richard King Mellon’s estimated Net Worth, fast cars, relaxing vacations, pompous lifestyle, income, & other features are listed below. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. A power vacuum has sprung up, and some ob servers question whether the fortune will ever again be wielded in consort as it was by the family's, forebears, and to a lesser extent by Gen. Richard King Mellon, who died last June. There are eight members of the new Mellon generation, four men and four women. It was General Mellon, however, who acted as the family's financial catalyst through a Pittsburgh con cern called T. Mellon and Sons, which was dissolved soon after his death. The estimated Net Worth of King Mellon Foundation Richard is at least $982 Thousand dollars as of 9 May 2019. The closest the family name comes to public expo sure is through a Pittsburgh bank, the Mellon National Bank & Trust, which has as sets of $5.8‐billion and de posits of $4.7‐billion. He also stayed in Pittsburgh and helped revitalize that city. Pittsburgh sources say his two sons, both young and without distinguished rec ords either in school or in business, will have to earn family leadership roles. In addition to the Andrew W. Mellon Foundation, the family supports the Sarah Mellon Scaife Foundation (24th largest nationally in grants) and the Richard King Mellon Foundation (34th in grants). The two wealthiest sons of Judge Mellon died within four years of each other, Richard in 1933, and Andrew in 1937. Richard King Mellon, Richard B. ¶Catherine Mellon Warner, 34, of Washington. The sons chose different roles. Its importance increased sharply last year when as sets jumped to $697‐million from $234 ‐ million the year before, as a result of dis tributions from the estate of Ailsa Mellon Bruce. Besides that, you will also gain information on Current Net worth as well as Richard’s earnings, latest vehicles, luxury vacations. And Tim othy Mellon apparently has charted his own course in other fields, which he de clines to discuss. Many of them have taken a greater interest in giving away the income from their millions than in making them grow or in wielding the, pow er that radiates from huge fortunes. However, associates, say Mr. Scaife has shown little interest in reaching out for the reins of power. This year he ranked 347th on the Forbes 400 list of the richest people in America, with an estimated net worth of $1.3 billion. Nathan W. Pearson, a 59‐year‐old Pittsburgh businessman, has served as Paul Mellon's rep resentative on the boards of the Mellon Bank, Gulf, Al coa, Koppers and Carborun dum. After World War I, Mellon returned to Princeton, but left the university soon thereafter. In fact, so great is the de sire for anonymity that one branch of the family a few years ago hired a public relations agency to keep its name out of the papers. At the age of 63 he continues to be active in these roles, and still functions as presi dent of the National Gallery of Art in Washington, which was founded by his father. In January 1971, Seward and, Richard Mellon, both adopted sons of Richard King Mellon, took over’ management of the Mellon economic interests. It is illegal for insiders to make trades in their companies based on specific, non-public information. The family name is also prominently displayed on the Andrew W. Mellon Founda tion (named after Paul and Ailsa Mellon's father), which last year was third largest in the nation in grants paid, after the Ford and Rockefel ler Foundations. There are many grants I can apply for. It is about 40 per cent controlled by Mellon in terests—and the family share is valued at about $243‐mil lion. We have done our research and today you can learn about Richard King Mellon’s Estimated Net Worth, Age, Biography, Career, Height, Weight, Family, Wiki. Last updated: 1 January 2021 at 11:00am EST. The new generation serves as officers, directors and trustees of a wide variety of family‐funded enterprises and foundations. Richard King Net Worth The pair is well over 240-years old, and are still in very good shape. Seward Prosser Mellon, brokerage house executive. Andrew W. Mathieson, a 42‐year‐old former Westing house executive, speaks for the Richard King Mellon side of the family on the boards of Koppers and Gen eral Reinsurance. Two of his sons, Richard B. and Andrew W., went on to prominence in the late eighteen‐hundreds and early nineteen‐hundreds, and were largely responsible for accumulating the family fortune. Its progenitor was Judge Thomas Mellon, a Scotch Irish Presbyterian from Northern Ireland who immi grated to western Pennsyl vania in 1818 at the age of 5 with his mother and father. In addition, the family has substantial holdings in other companies in major but un disclosed amounts. By no means an intellectual or rebellious in the least, Mellon set out to learn banking and finance from his father. Mellon‐watchers point out that for the Pittsburgh branch of the family, the next few years will be a time of test ing and maturing in busi ness matters. Richard King Mellon rose to prime prominence as a Celebrity. PITTSBURGH — A new generation of Mellons, mem bers of what may be the na tion's second‐richest family after the du Ponts, is taking over the purse strings of a fortune estimated at $3‐bil lion to $5‐billion. Richard's reported annual income is about $90 - 99,999; with a net worth that tops $100,000 - $249,999. Yet at this moment none of them ap parently has displayed the necessary combination of charisma, ability, desire and experience to fuse the enor mous fortune into a potent, unified force. Through the representa tion of these men and others the Mellons keep a close watch over their interests in the major corporate hold ings. ... ranking at 1,162 with $1 billion in net worth. Let’s check, How Rich is Richard King Mellon in 2019? She inherited about half of General Mellon's estate, and most of the rest went to the Richard King Mellon Foun dation, which she serves as chairman of the board of trustees. Richard King Mellon Net Worth, Biography, Age, Height, Weight, Married, Ethnicity, Nationality, Wife, Husband The siblings along with cousins Paul Mellon and Ailsa Mellon-Bruce were declared in 1957 by Fortune magazine in its first list of the wealthiest people in the U.S. as among the richest eight Americans, each with a net worth of between and $400 and $700 million. Chris Mellon, a 49-year-old descendant of Gulf Oil co-founder William Larimer Mellon, returned to southwestern Pennsylvania last year after What seems clear from a look at the current crop of Melions is that there is only a limited pool of executive talent in the family from which to draw business leadership. ... Conservative Billionaire Publisher Richard Mellon Scaife Dies. Until his death 11 months ago at the age of 70, the acknowledged financial lead er was Richard King Mellon. Richard King Mellon has been a part of the Celebrity list. His grandfather, Thomas Mellon, established the private bank of T. Mellon and Sons in 1869 after his retirement from a long career as a lawyer and judge. For example, their bank backed Gulf and Alcoa with major financial help two genera tions ago at a time when Gulf was having oil‐well troubles in Texas, and alu minum had just been discov ered. lease let us know. Let us know in the comments.. Richard King Mellon’s age 70 years (age at death) (as in 2019), height Unknown & weight Not Available. He worked as a trainee at the family bank for three years, but Pittsburgh observers point out that trying to match his father's business perform will be difficult at best. However, the family has a wide range of holdings and a huge portion of its fortune —about two ‐ thirds of the publicly acknowledged part of it—rests in stock of the Gulf Oil Corporation, one of the world's major interna tional oil companies. Richard B. Mellon and wife Jeanne King Mellon had two children, Sarah Mellon Scaife and son, Richard King Mellon, who was born on June 19, 1899. Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from the Pittsburgh suburb of Ligonier, Pennsylvania Biography. Meanwhile, the profes sional business managers and foundation executives who handle the Mellon billions car ry on quietly — always keep ing an eye on the younger generation of Melons to see which, if any, might emerge as a unifying force in the tradition of General Mellon. She Is an other adopted daughter of General Mellon (All his chil dren were adopted from The Cradle, an adoption agency in Evanston, Ill.). Richard King Mellon has been a part of the Celebrity list. ... Conservative Billionaire Publisher Richard Mellon Scaife Dies. Trustee Richard King Mellon Family Foundation; trustee, chair & Chief Executive Officer Richard King Mellon Foundation; Member Western Pennsylvania Conservancy (life), LoyalHanna Association (president), Vintage Club (Palm Springs, California), Duquesne Club (Pittsburgh), Laurel Valley Golf Club (Ligonier), Rolling Rock Club, Rolling … Richard King Mellon Net Worth, Biography, Age, Height, Weight, Married, Ethnicity, Nationality, Wife, Husband The other two senior Mel Ions who have died in recent years are General Mellon's sister, Sarah Mellon Scaife, in 1965; and his cousin, Ailsa Mellon Bruce, in 1969. A Radcliffe College grad uate, she was considered one of the brightest and most high ly motivated of the younger generations of Melions. I wish them luck, though. Judge Mellon had eight children, four of whom raised families, and there are doz ens of Mellon cousins scat tered around the country, many of them well‐to‐do and in prominent positions. Since 1947, the Richard King Mellon Foundation has invested in the future of Southwestern Pennsylvania, and in the protection and restoration of America’s environmental heritage. The other known family holdings are only relatively less dramatic, and probably add up to an additional $900‐ million. Sister of Richard Scaife and only daughter of Sarah Mellon Scaire. Richard was born on June 19, 1899 in . #15: Richard B. Mellon – $50.5 billion (1858 – 1933, banking) The only child of the late Ailsa Mellon Bruce, Mrs. Cur rier, with her husband, founded the Taconic Foun dation, and gave millions to civil rights causes and other philanthropies. Biography. The only other Mellon who has broken out from behind the Mellon family's curtain of secrecy recently is Connie Byers, General Mellon's younger daughter. Priority will go to projects that focus on the impact on employees, especially small businesses and organizations that … Our cousin, Elizabeth Rosemond Taylor, married John Warner, who was married Catherine Conover Mellon. King Richard owns over 100,000 units of Trevi Therapeutics stock worth over $982,454 and over the last 2 years King sold TRVI stock worth over $0.Trevi Therapeutics stock worth over $982,454 and over the last 2 years King sold TRVI stock worth Featured as a part of – Most popular Celebrity. Son of Paul Mellon (the only living mem ber of the older generation) by his first marriage. 2020 America's Richest Families NET WORTH. Mr. Scaife is the oldest male of the new generation, but is less inter ested in business affairs than are some of his relatives, as sociates say. The Richard King Mellon Foundation is currently the largest grantmaking organization in the region, and the 36 th largest in the United States. Richard has many family members and associates who include Sophia Mellon, Richard Mellon, Seward Mellon, Armour Mellon and Catharine Mellon. Nonetheless, a great deal can be learned by studying foundation tax returns and corporate reports, by talking to associates and acquaint ances of Mellon family mem bers, and by examining of ficial documents. She lives in the Pittsburgh area, where her husband, George M. Hen derson, son of a postal work er, is a stockbroker with the firm of Moore, Leonard & Lynch. 2020 America's Richest Families NET WORTH. Noted, Richard’s significant source of money is Celebrity, Currently We don’t have enough information about Cars, Monthly/Yearly Salary etc. It is the largest bank in Pennsyl vania and 13th in size in the country in terms of de posits. The other member of the younger generation, Audrey Bruce Currier, was lost with her husband in a plane crash in 1967 at the age of 33. Richard King Mellon Foundation $2.06 billion #37. © Celeb net worth info 2020. ¶Timothy Mellon, 28, of Guilford, Conn. I can serve on the Monuments committee due to being kin to Robert E. Lee, and… Chris Mellon, a 49-year-old descendant of Gulf Oil co-founder William Larimer Mellon, returned to southwestern Pennsylvania last year after A fourth for tune has been transferred nearly intact to the Andrew W. Mellon Foundation. Last update: 23 January, 2020. She is mar ried to John W. Warner, Navy Under Secretary, a Washington lawyer with de grees in both engineering and law. ¶Richard Mellon Scaife, 38, of Pittsburgh. In 1843, Mellon estimated his net worth at $12,000 ($300,000 today). Besides that, you will also gain information on Current Net worth as well as Richard’s earnings, latest vehicles, luxury vacations. One characteristic the family shares is an intense craving for privacy. Richard's reported annual income is about $175 - 199,999; with a net worth that tops Greater than $499,999. “She's one member of the family who has both the in tellect and the instinct for power that it takes to pull that family together,” one Pittsburgh businessman said. The eight younger Mellons, members of three separate families, are: ¶Seward Prosser (Pross) Mellon, 28 years old, adopt ed son of the late General Mellon. This celebrity has also been counted as part of famous people who are born on June 19. Mr. Mellon was born May 19, 1939, and was the Some Mellon‐watchers say they will be keeping a close eye on Mrs. Mellon over the next few years while her sons are gaining experience. For the most part, the Mellons maintain a low publicity profile, and even many Pittsburgh residents, businessmen and newspaper men are unaware of how their most prominent family is deployed and what it is doing. Pittsburgh based, Richard B. Mellon made many large philanthropic donations with his net worth which was equal to $50.5 billion in 2012 dollars. They were purchased in 2002 by the Richard King Mellon Foundation at Christie's. Last updated: 1 January 2021 at 11:00am EST. The present generation is the third to be born in this coun try. He and his second wife, Bunny, are frequently men tioned in society columns, sometimes through their friendship with Mrs. Jacque line Kennedy Onassis. Beyond those two bodies, relative anonymity sets in. $11.5B. Richard Mellon Scaife passed away. It is illegal for insiders to make trades in their companies based … … For example, Mellons hold an estimated 30 per cent of the outstanding stock of the Aluminum Company of America, worth $425‐mil lion. King Mellon Foundation Richard is listed as an insider in the following companies: TRVI / Trevi Therapeutics, Inc. “There were some of them who were just damned glad the General was as inter ested in business as he was,” said one Pittsburgh observer. Instead of a formal education, he received tutors in subjects that would benefit him. The scion of Pittsburgh’s legendary Mellon family, Richard Mellon Scaife is a longtime donor to conservative causes. Richard King Mellon is 1 of the celebs with the age 70 years (age at death) old. Read Full Summary. 's son, became in terested in business and took leadership in that area. Five live in the Pittsburgh area, two in Washington, and one in Connecticut. Mr. King owns over 410 units of TCF stock worth over $14,756 and over the last 3 years he sold TCF stock worth over $0. Each left one son and one daughter to watch the fam ily interests, with each child overseeing a fortune estimat ed at $500‐million to $1‐bil lion. In sev eral weeks of research, not one Mellon or relative of the family agreed to be inter viewed. Richard has many family members and associates who include Debbie Mellon, Kathleen Mellon, Laura Mellon, Carole Popp and Barbara Lombardi. The Mellon family is rela tively new in terms of the great American fortunes. There also are a number of educational and charitable trusts originated or contin ued by current members of the Mellon family, and large number of individual grants are made as well. Andrew's son, Paul, after an unhappy exposure to banking in Pittsburgh, left the family business after his father's death, and became an art collector, patron of the arts and horse breeder. Pittsburgh has two giants; the Richard King Mellon Foundation and The Heinz Endowments, both of which have net assets exceeding 10 figures. ¶Constance (Connie) Mel lon Byers, 29, an adopted daughter of General Mellon, she was twice married and divorced from a Government official, W. Russell Byers. Write CSS OR LESS and hit save. Our cousin, Elizabeth Rosemond Taylor, married John Warner, who was married Catherine Conover Mellon. On this site which analyses celebrities, Richard is well known as one of the top stars. Like many sons who are expected to one day take over the family business, Mellon began learning the business from the bottom in 1920 as a me… Net Worth and Insider Trades. Got more information? “Even if they turn out to be world‐beaters, they're follow ing not just one but two of the best acts this city has ever seen in the General and his father and uncle. Described by Pittsburgh observers as a man who worked hard and played hard, he held the family to gether in a loose confedera tion when financial matters were at stake. At age 30 he set out to find a wife. You may check previous years net worth, salary & much more from below. The Mellon Foundation then donated them to the Fort Ligonier museum near Pittsburg, Pennsylvania. Richard Beatty Mellon (1858–1933), a banker, industrialist and philanthropist, who married Jennie Taylor King William Larimer Mellon, Sr. (1868–1949), a founder of the Gulf Oil Corporation Richard King Mellon (1899–1970), a financier, general, and philanthropist, who married Constance Prosser McCaulley This site will provide additional information on dress size & shoe size soon. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. CTRL + SPACE for auto-complete. In addition, he makes $68,917 as Independent Director at TCF. Estimates would put his net worth, just over $80 million in 1923, as high as $600 million — over $9 billion in today’s dollars — six years later. ... Richard King Mellon, Richard B. A caricature of John D. Rockefeller Sr. published in Puck in 1901 For the contemporary lists, see List of Americans by net worth and Forbes 400.. As a first step, they have been named by General Mellon's widow to sit at the head of Richard K. Mellon & Sons to oversee family interests. All rights reserved. King Richard owns over 100,000 units of Trevi Therapeutics stock worth over $982,454 and over the last 2 years King sold TRVI stock worth over $0.Trevi Therapeutics stock worth over $982,454 and over the last 2 years King sold TRVI stock worth Twelve years ago I began an application to the Andrew Mellon Foundation, but did not complete it. Now living in Washington, she is engaged to be mar ried in June to J. Carter Brown, the Phi Beta Kappa, Harvard ‐ educated director of the National Gallery of Art, where her uncle, Paul Mellon, is president. The Harry and Jeanette Weinberg Foundation, Inc. $2.04 billion ... Bill Hewlett Net Worth; Departed … She lives in Washington, and has re ceived some publicity as a result of her social activities. 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