Trump campaign receives $50 million boost from single donor

Donald Trump’s presidential campaign received $50 million (£39.5 million) in backing from conservative billionaire Timothy Mellon, federal documents revealed on Thursday.

The super PAC fund, known as “MAGA Inc,” disclosed to the Federal Election Commission last month that it received more than $68 million from donors.

Reuters reported that Mr. Mellon, an heir to the Pittsburgh-based Mellon banking family, donated $50 million, with another $10 million coming from billionaires Liz and Dick Uihlein.

US media reported that Mellon sent the donation the day after President Trump was found guilty of 34 charges, including falsifying business records, in his hush money trial in New York.

Mr. Mellon is also the largest donor to independent presidential candidate Robert F. Kennedy Jr., giving at least $20 million to the pro-Kennedy super PAC American Values.

Super PACs are independent “political action committees” that can raise unlimited amounts of money to support political candidates.

Mellon’s donations have helped Trump supporters outspend supporters of U.S. President Joe Biden in recent weeks.

Mellon, who lives in Wyoming and is rarely photographed, is an amateur pilot who has invested in and run several transportation companies.

Forbes estimates the Mellon family’s net worth is about $14.1 billion.

Meanwhile, Reuters reported that billionaire Mike Bloomberg has donated about $20 million to a super PAC supporting Biden.

Bloomberg’s donations also include $19 million to an independent pro-Biden group known as Future Forward (FF PAC).

Another $900,000 was donated to the Biden Victory Fund, a merger between the Biden campaign and the Democratic Committee.

The Biden campaign did not immediately respond to a request for comment.

A pro-Kennedy super PAC reported Thursday that it had raised only about $280,000 last month, zero of which came from Mellon.

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