The mellon family a fortune in history

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the mellon family a fortune in history

The Mellon Family: A Fortune In History by Burton Hersh

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Published 13.09.2019

6 BILLIONAIRES WHO LOST THEIR FORTUNE

The Mellon family is a wealthy and influential American family from Pittsburgh, Pennsylvania , whose members include one of the longest-serving U. Treasury Secretaries.
Burton Hersh

Great dynasties of the world: The Mellons

This story appears in the July 21, issue of Forbes. By Abram Brown and Alex Morrell. At first blush Matthew Taylor Mellon II lives up to his patrician name as we dine at his favorite lunch spot, a little Italian place below his apartment situated within Manhattan's stately Pierre hotel. He orders a salad and a cranberry-juice-and-soda. But unexpectedly he asks the waiter to take away his cellphones, fearing Snowden-style eavesdropping. And then the scion of America's most enduring banking family lets it fly: "I feel like citizens are fed up with banksters," using a term the Occupy Wall Street crowd would surely approve.

I n Castletown, County Tyrone, stands a three-room, white-washed, thatched cottage. It was once the home of the Mellon family — Andrew and Rebecca and their young son Thomas — before they emigrated to America in Thomas became a lawyer and a banker.
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As a young teenager, Thomas was inspired by Benjamin Franklin.

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It doesn't help that the Mellon family's rags-to-riches story has settings that are far from picturesque -- the farmlands of Ireland before the potato famine, and the industrial city of Pittsburgh. However, the family's shrewd investments always put them on the cutting edge of technology during a period of mass industrialization: an easy formula for unimaginable riches. What sets the Mellon dynasty apart from many others is the diversity of their wealth. At the turn of the twentieth century, the Mellons acquired significant interests in major oil, steel, aluminum, and coal companies -- and still keep their family name on a major bank, BNY Mellon , to boot. Descendants of the architects of the Mellon family's wealth have been born into prosperity, but have largely protected, rather than enhanced, the family fortune. In the old country, the Mellons were a family of farmers.

List of the members of the Mellon family, listed alphabetically with photos when available. This list includes the names of each famous person in the Mellon family, along with information like where each person was born. If you're doing research on historic members of the Mellon family, then this list is the perfect jumping off point for finding out which notable people are included. The Mellon family has held prominence in the world dating back many years, so it's no wonder that many people have a fascination with its members. While this is not an exact family tree, it does show a list of many popular members of the Mellon family. Richard Mellon Scaife was an American billionaire, a principal heir to the Mellon banking, oil, and aluminum fortune, and the owner and publisher of the Pittsburgh Tribune-Review.

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