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Richard King Mellon

Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from Ligonier, Pennsylvania.

Contents

  • Biography 1
    • Military Service 1.1
    • Urban Renewal 1.2
  • Family 2
  • Foundation 3
  • References 4
  • External links 5

Biography

The son of Richard B. Mellon, nephew of Andrew W. Mellon, and grandson of Thomas Mellon, he and his sister Sarah Mellon Scaife and cousins Paul Mellon and Ailsa Mellon-Bruce, were heirs to the Mellon fortune, which included major holdings in Mellon Bank, Gulf Oil, and Alcoa. In 1957, when Fortune prepared its first list of the wealthiest Americans, it estimated that the four cousins were all amongst the richest eight people in the United States, with fortunes of between 400 and 700 million dollars each. R.K. Mellon served as president and chairman of Mellon Bank. He also served on the board of trustees of the University of Pittsburgh over a span of several decades and was a major benefactor to the university.[1]

Military Service

Mellon served in the United States Army in both world wars and remained active in the United States Army Reserve, receiving the Distinguished Service Medal and rising to the rank of Lieutenant General.

Urban Renewal

He is chiefly remembered for his
  • Pittsburgh Green Story: Richard King Mellon
  • Richard King Mellon Foundation

External links

  1. ^ Scott, Ronald L., ed. (1960). The Owl 1960. University of Pittsburgh. p. 243. Retrieved August 2, 2014. 
  2. ^ Joshua Olsen. Better Places Better Lives. p. 66. 
  3. ^ Daparma, Ron (August 31, 2007), "Master developer sought for Hazelwood", Pittsburgh Tribune-Review (Pittsburgh, PA) 

References

The Richard King Mellon Foundation manages his charitable estate and has recently participated in redeveloping industrial brownfields in Pittsburgh.[3]

Foundation

He married Constance Prosser McCaulley, daughter of a New York banker, in 1936. They had four children: Richard P. Mellon, Seward Prosser Mellon, Constance Barber Mellon, and Cassandra Mellon Milbury. Richard King Mellon was also the primary financial founder of Carnegie Mellon University's Heinz College, then known as the School of Urban and Public Affairs.

Family

[2]
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