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Forbes Daily Briefing

The True Story Of Trump’s $75 Million Backer

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 10 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Timothy Mellon is the top donor to both Donald Trump and RFK Jr., two competing presidential candidates, which is just one reason he is unlike any political donor in history.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Wednesday, July 10th.

0:05.0

Today on Forbes, the true story of Trump's $75 million

0:09.9

backer.

0:12.2

The biggest donor in American politics today doesn't talk to reporters much, deriding the press as,

0:17.8

quote, the propaganda arm of the federal government and the bureaucracy.

0:22.8

So it came as little surprise when Timothy Mellon, a Gilded Age heir, who has emerged

0:28.0

as a modern power player, largely ignored a series of questions sent to him asking about his family, background, and political philosophy.

0:36.0

Melon responded with only a U.R.

0:39.0

linking to a story about an airplane flying over the Hamptons,

0:42.0

where Biden was hosting a post-debate fundraiser

0:45.2

with a one-word trailer behind it.

0:47.2

Quote, by done, spelled B-I-H-D-O-N-E.

0:53.0

Melon has 76.5 million reasons to gloat in the wake of Biden's disastrous

0:58.0

debate performance. No one has spent more trying to reinstall

1:02.0

Trump in the White House.

1:04.0

Linda McMahon, the W. W. W. W. W. W. W. W. W.

1:06.1

Who served in Trump's Cabinet, has given the second most of any donor,

1:10.1

11.1 million dollars, or about one seventh as much as melon.

1:15.0

43% of all money that has gone into Trump's main super pack,

1:19.5

Make America Great Again, Inc.

1:21.4

has come from the 81-year-old heir.

1:24.0

Here's what's even more remarkable.

...

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