The Mellon family of Pennsylvania is billions of dollars richer than the modern Rockefellers, Morgans, or Carnegies…
In today’s episode, we’ll tell you this secret “old money” banking dynasty’s full, unauthorized journey - revealing a legacy that has quietly shaped the very backbone of American wealth and influence.
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How The Rockefellers Went From "New Money" To “Old Money”: [ Ссылка ]
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The Morgans: America's First Banking Family: [ Ссылка ]
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TIMESTAMPS:
0:00 Introduction
1:56 Chapter 1: The Wild Wealth of the Modern Mellon Family
6:01 Chapter 2: The Origins of The Mellon Family
9:29 Chapter 3: The Rise of Thomas Mellon and Andrew Mellon
16:08 Chapter 4: The Immense Power of Andrew Mellon and His Children
20:03 Chapter 5: The Legacy of Paul and “Bunny” Mellon
24:50 Chapter 6: The Modern Mellon Family
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In this detailed exploration, we uncover the rich history and immense wealth of the Mellon family, a lesser-known but extraordinarily influential 'old money' dynasty in America.
With a staggering $12 billion in wealth, their legacy is as profound as it is historic.
We delve into the life of Christopher Mellon, the family's modern patriarch, whose career encompasses high finance, secretive government roles, and an intriguing involvement in UFO advocacy.
Tracing the family's origins, we highlight the foundational role of Thomas Mellon in establishing Mellon Bank, a key player in shaping America's financial horizon.
The legacy robustly continues with BNY Mellon, a financial behemoth managing an astonishing $46.9 trillion in assets, standing as the thirteenth largest bank in the United States and earning accolades as one of the "world's most admired companies" by Fortune Magazine in 2023.
But the Mellons' influence extends beyond banking. We explore their ventures in various industries, including their crucial role in creating Gulf Oil, which became Chevron, and their investments in steel, backing Union Steel before its merger with U.S. Steel.
Their investment portfolio reads like a who's who of American corporate history, featuring names like Westinghouse Electric, Newsweek, and General Motors.
The Mellons are also deeply involved in land conservation and real estate.
The Richard King Mellon Foundation has contributed significantly to wildlife refuges, and the family's real estate holdings are nothing short of impressive, including the 700-acre Virginia Mellon estate and Oak Spring Farms, a 4,000-acre expanse that was Bunny Mellon's personal paradise.
In politics, family member Timothy Mellon's contributions are noteworthy, with significant donations to various political causes and campaigns, reflecting a deep commitment to their beliefs.
Our journey takes us back to the family's beginnings as immigrants to America, setting the stage for their rise to become one of the nation's wealthiest dynasties.
We also delve into the Gaelic origins of their surname and their settlement in Tyrone, Ireland, as part of the Ulster Plantation, a key moment in their story.
We also chronicle the life of Andrew William Mellon, a central figure in the family's history, and his profound influence on banking and finance.
We also discuss his role in shaping key American corporations and his tenure as Secretary of the Treasury, where his policies helped define the Roaring Twenties.
The legacy of philanthropy and art patronage is exemplified by Paul Mellon and his wife Bunny, who left an indelible mark on the cultural and educational landscape, including significant contributions to the National Gallery of Art.
Finally, we examine the family's adaptation to the digital age, with substantial investments in technology ventures and the creation of BNY Mellon, a global financial powerhouse.
This exploration offers a comprehensive view of the Mellon family's journey from humble beginnings to shaping key facets of American industry, finance, and culture, highlighting their lasting impact on the nation's history and future.
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