Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(112,167 posts)
Wed Oct 6, 2021, 03:06 PM Oct 2021

Texas has raised $54 million in private donations for its border wall plan. Almost all of it came

Texas has raised $54 million in private donations for its border wall plan. Almost all of it came from this one billionaire.

by James Barragán and Carla Astudillo, Texas Tribune


An out-of-state billionaire who has previously bankrolled attempts to defend controversial immigration laws is responsible for nearly all the donations to Gov. Greg Abbott’s $54 million border wall fund.

A member of one of America’s richest family dynasties, Timothy Mellon, contributed nearly 98% of the fund’s total donations when he donated $53.1 million in stock to the state in August, according to public records. Mellon is the 79-year-old Wyoming-based grandson of banking tycoon and former U.S. Treasury Secretary Andrew Mellon.

Before Mellon’s donations, Abbott’s private fundraising campaign had stalled at about $1.25 million around mid-August, two months after its launch — a drop in the bucket for a project with a price tag estimated in the billions of dollars. But on Aug. 27, a state website that tracks donations to the crowdfunding effort said the fund had jumped to nearly $19 million. By the end of the month, it had topped $54 million.

The donations have since stalled again.

Mellon did not respond to multiple requests for comment made to his company, New Hampshire-based Pan Am Systems, and a marketing firm that handled publicity for his 2015 autobiography.

Read more: https://www.texastribune.org/2021/10/06/timothy-mellon-texas-border-wall/
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Texas has raised $54 million in private donations for its border wall plan. Almost all of it came (Original Post) TexasTowelie Oct 2021 OP
Why stop at the boarder nykym Oct 2021 #1
Is that 4Q2u2 Oct 2021 #2
$54M is spit in the ocean to build a border wall across Texas. Wouldn't even fix 45's joke of a wall marble falls Oct 2021 #3
It's anough for a nice billboard sign. Please don't come in! cynical_idealist Oct 2021 #4
Latest Discussions»Region Forums»Texas»Texas has raised $54 mill...